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Surge Components (Surge Components) Debt-to-EBITDA : -8.26 (As of Feb. 2024)


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What is Surge Components Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Surge Components's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $0.31 Mil. Surge Components's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $1.11 Mil. Surge Components's annualized EBITDA for the quarter that ended in Feb. 2024 was $-0.17 Mil. Surge Components's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was -8.26.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Surge Components's Debt-to-EBITDA or its related term are showing as below:

SPRS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.44   Max: 1.45
Current: 1.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Surge Components was 1.45. The lowest was 0.01. And the median was 0.44.

SPRS's Debt-to-EBITDA is ranked better than
57.85% of 1739 companies
in the Hardware industry
Industry Median: 1.78 vs SPRS: 1.34

Surge Components Debt-to-EBITDA Historical Data

The historical data trend for Surge Components's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Surge Components Debt-to-EBITDA Chart

Surge Components Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 1.38 0.44 0.30 0.88

Surge Components Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.60 0.52 1.35 2.80 -8.26

Competitive Comparison of Surge Components's Debt-to-EBITDA

For the Electronics & Computer Distribution subindustry, Surge Components's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Surge Components's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Surge Components's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Surge Components's Debt-to-EBITDA falls into.



Surge Components Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Surge Components's Debt-to-EBITDA for the fiscal year that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.352 + 1.137) / 1.696
=0.88

Surge Components's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.308 + 1.112) / -0.172
=-8.26

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Feb. 2024) EBITDA data.


Surge Components  (OTCPK:SPRS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Surge Components Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Surge Components's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Surge Components (Surge Components) Business Description

Traded in Other Exchanges
N/A
Address
95 East Jefryn Boulevard, Deer Park, New York, NY, USA, 11729
Surge Components Inc is a supplier of electronic products and components. The company's products include capacitors, which are electrical energy storage devices, and discrete components, such as rectifiers, transistors, and diodes. Its marketed products are utilized in the electronic circuitry of products, comprising of automobiles, telecom, audio, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies and security equipment. In addition, the company's products are also sold to original equipment manufacturers and distributors.
Executives
Peter Levy director C/O ATLAS THERAPEUTICS CORPORATION, 4640 ADMIRALTY WAY, SUITE 500, MARINA DEL REY CA 90292
Michael D Tofias 10 percent owner 325 NORTH END AVENUE, APT. 25B, NEW YORK NY 10282
Steven J Lubman director, officer: VP, Secretary, Director 1016 GRAND BLVD, DEER PARK NY 11729
Martin Novick director
Alan Plafker director 24 SYLVIA ROAD, PLAINVIEW NY 11803
Gary Mark Jacobs director 15 HOOVER STREET, INWOOD NY 11096
Lawrence Chariton director 30 ROCKAWAY PLACE, MASSAPEQUA NY 11758
Ira Levy director, officer: Chief Executive Officer
David Siegel director 95 EAST JEFRYN BOULEVARD, DEER PARK NY 11729