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Kimball International (Kimball International) Debt-to-EBITDA : 1.64 (As of Mar. 2023)


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What is Kimball International Debt-to-EBITDA?

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

Kimball International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $5.8 Mil. Kimball International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was $66.3 Mil. Kimball International's annualized EBITDA for the quarter that ended in Mar. 2023 was $43.8 Mil. Kimball International's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 1.64.

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

KBAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 10.56
Current: 6.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kimball International was 10.56. The lowest was 0.00. And the median was 0.01.

KBAL's Debt-to-EBITDA is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.9 vs KBAL: 6.11

Kimball International Debt-to-EBITDA Historical Data

The historical data trend for Kimball International'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.

Kimball International Debt-to-EBITDA Chart

Kimball International Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.29 2.26 10.56

Kimball International Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 1.61 2.50 1.44 -0.88 1.64

Competitive Comparison of Kimball International's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Kimball International'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.


Kimball International's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kimball International's Debt-to-EBITDA distribution charts can be found below:

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



Kimball International Debt-to-EBITDA Calculation

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

Kimball International's Debt-to-EBITDA for the fiscal year that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.129 + 80.196) / 8.173
=10.56

Kimball International's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.768 + 66.285) / 43.824
=1.64

* 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 (Mar. 2023) EBITDA data.


Kimball International  (NAS:KBAL) 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.


Kimball International Debt-to-EBITDA Related Terms

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


Kimball International (Kimball International) Business Description

Traded in Other Exchanges
N/A
Address
1600 Royal Street, Jasper, IN, USA, 47546-2256
Kimball International Inc operates in the omnichannel commercial furnishing business. The company specializes in making furniture for the workplace, health, and hospitality markets. The workplace market area includes commercial, education, government, and financial segments and eBusiness. The company's furniture brand portfolio comprises Kimball, National, Interwoven, Kimball Hospitality, D'style, and Poppin.
Executives
Christopher M Robison officer: INTERIM PRESIDENT POPPIN C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Willi Candra officer: Chief Digital & Info Officer C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546-225
Timothy J Wolfe officer: EVP & CFO 1600 ROYAL STREET, JASPER IN 47546
Michael J. Roch officer: EVP, CCO, Workplace and Health C/O KIMBALL INTERNATIONAL, INC., 1600 ROYAL STREET, JASPER IN 47546
Kourtney L Smith officer: EVP 1600 ROYAL STREET, JASPER IN 47549
Darren S Gress other: CORPORATE CONTROLLER 1600 ROYAL STREET, JASPER IN 47549
Valerie R Love director 1600 ROYAL STREET, JASPER IN 47546
Timothy J Jahnke director 115 ANSLEY WAY, ROSWELL GA 30075
Susan B Frampton director 1600 ROYAL ST, JASPER IN 47549
Scott M Settersten director 1000 REMINGTON BLVD., SUITE 120, BOLINGBROOK IL 60440
Geoffrey L Stringer director 1600 ROYAL ST, JASPER IN 47549
Patrick E Connolly director 1600 ROYAL ST, JASPER IN 47549
Kimberly K Ryan director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Thomas J Tischhauser director 1600 ROYAL STREET, JASPER IN 47549
Michelle Rene Schroeder officer: EVP, CHIEF FINANCIAL OFFICER 1600 ROYAL STREET, JASPER IN 47549