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Boeing Co (WBO:BA) Debt-to-EBITDA : 12.27 (As of Dec. 2023)


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What is Boeing Co Debt-to-EBITDA?

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

Boeing Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5,044 Mil. Boeing Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €43,193 Mil. Boeing Co's annualized EBITDA for the quarter that ended in Dec. 2023 was €3,932 Mil. Boeing Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 12.27.

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 Boeing Co's Debt-to-EBITDA or its related term are showing as below:

WBO:BA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -333.54   Med: 0.97   Max: 37.54
Current: 22.72

During the past 13 years, the highest Debt-to-EBITDA Ratio of Boeing Co was 37.54. The lowest was -333.54. And the median was 0.97.

WBO:BA's Debt-to-EBITDA is ranked worse than
94.4% of 232 companies
in the Aerospace & Defense industry
Industry Median: 2.375 vs WBO:BA: 22.72

Boeing Co Debt-to-EBITDA Historical Data

The historical data trend for Boeing Co'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.

Boeing Co Debt-to-EBITDA Chart

Boeing Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.54 -6.34 -333.54 -118.83 22.72

Boeing Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 29.05 22.70 19.30 -297.00 12.27

Competitive Comparison of Boeing Co's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Boeing Co'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.


Boeing Co's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Boeing Co's Debt-to-EBITDA distribution charts can be found below:

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



Boeing Co Debt-to-EBITDA Calculation

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

Boeing Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5043.5 + 43193.451) / 2122.855
=22.72

Boeing Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5043.5 + 43193.451) / 3932.096
=12.27

* 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 (Dec. 2023) EBITDA data.


Boeing Co  (WBO:BA) 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.


Boeing Co Debt-to-EBITDA Related Terms

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


Boeing Co (WBO:BA) Business Description

Address
929 Long Bridge Drive, Arlington, VA, USA, 22202
Boeing is a major aerospace and defense firm. It operates in four segments: commercial airplanes; defense, space, and security; Global services; and Boeing capital. Boeing's commercial airplanes segment competes with Airbus in the production of aircraft ranging from 130 seats upward. Boeing's defense, space, and security segment competes with Lockheed, Northrop, and several other firms to create military aircraft and weaponry. Global services provides aftermarket support to airlines.

Boeing Co (WBO:BA) Headlines

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