GURUFOCUS.COM » STOCK LIST » Technology » Hardware » EACO Corp (OTCPK:EACO) » Definitions » Debt-to-EBITDA

EACO (EACO) Debt-to-EBITDA : 0.29 (As of Feb. 2024)


View and export this data going back to 2003. Start your Free Trial

What is EACO Debt-to-EBITDA?

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

EACO's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $2.4 Mil. EACO's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $6.9 Mil. EACO's annualized EBITDA for the quarter that ended in Feb. 2024 was $31.7 Mil. EACO's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 0.29.

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

EACO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.2   Med: 0.65   Max: 2.07
Current: 0.3

During the past 13 years, the highest Debt-to-EBITDA Ratio of EACO was 2.07. The lowest was 0.20. And the median was 0.65.

EACO's Debt-to-EBITDA is ranked better than
81.75% of 1726 companies
in the Hardware industry
Industry Median: 1.815 vs EACO: 0.30

EACO Debt-to-EBITDA Historical Data

The historical data trend for EACO'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.

EACO Debt-to-EBITDA Chart

EACO Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.85 2.07 1.18 0.49 0.49

EACO 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 0.55 0.50 0.42 0.45 0.29

Competitive Comparison of EACO's Debt-to-EBITDA

For the Electronics & Computer Distribution subindustry, EACO'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.


EACO's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



EACO Debt-to-EBITDA Calculation

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

EACO's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.07 + 10.573) / 30.162
=0.49

EACO'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
=(2.365 + 6.911) / 31.672
=0.29

* 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.


EACO  (OTCPK:EACO) 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.


EACO Debt-to-EBITDA Related Terms

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


EACO (EACO) Business Description

Traded in Other Exchanges
N/A
Address
5065 East Hunter Avenue, Anaheim, CA, USA, 92807
EACO Corp is a holding company. The company, through its subsidiary, distributes electronic components and fasteners. Its products include electronic components such as spacers and standoffs, card guides and ejectors, component holders and fuses, circuit board connectors, and cable components, as well as a large variety of fasteners and hardware. It also provides customized services and solutions for a wide range of production needs, including special packaging, bin stocking, kitting and assembly, bar coding, electronic requisitioning, and integrated supply programs. It operates through three divisions, Bisco Industries, National-Precision, and Fast-Cor.
Executives
Glen Ceiley director, 10 percent owner, officer: CEO and Chairman 5065 E. HUNTER AVE., ANAHEIM CA 92807
Ellen S Bancroft director C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Michael Narikawa officer: Controller 1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Stephen Catanzaro director 1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Glen F. Ceiley & Barbara A. Ceiley Rovocable Trust 10 percent owner 1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Zachary Ceiley officer: VP of Sales and Marketing 1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Robert L. Rist officer: VP of Sales and MKTG of Bisco 1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Michael Bains officer: Controller 1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Donald S. Wagner officer: Executive VP and COO of Bisco 1500 NORTH LAKEVIEW AVENUE, ANAHEIM CA 92807
Eaco Corp officer: President/COO 5065 E HUNTER AVE, ANAHEIM CA 92807
William Means director
Jay Conzen director
Bisco Industries Inc 10 percent owner, officer: CEO 1500 N. LAKEVIEW AVE., ANAHEIM CA 92807

EACO (EACO) Headlines

From GuruFocus

EACO Stock Appears To Be Fairly Valued

By GF Value GF Value 04-07-2021