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Hargreaves Services (LSE:HSP) Debt-to-EBITDA : 1.26 (As of Nov. 2023)


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What is Hargreaves Services Debt-to-EBITDA?

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

Hargreaves Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £14.9 Mil. Hargreaves Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £13.9 Mil. Hargreaves Services's annualized EBITDA for the quarter that ended in Nov. 2023 was £22.9 Mil. Hargreaves Services's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was 1.26.

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

LSE:HSP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.46   Med: 1.65   Max: 5.49
Current: 0.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hargreaves Services was 5.49. The lowest was 0.46. And the median was 1.65.

LSE:HSP's Debt-to-EBITDA is ranked better than
80.05% of 847 companies
in the Transportation industry
Industry Median: 2.8 vs LSE:HSP: 0.92

Hargreaves Services Debt-to-EBITDA Historical Data

The historical data trend for Hargreaves Services'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.

Hargreaves Services Debt-to-EBITDA Chart

Hargreaves Services Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.67 1.98 0.52 0.46 0.82

Hargreaves Services Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.43 0.35 0.63 0.92 1.26

Competitive Comparison of Hargreaves Services's Debt-to-EBITDA

For the Integrated Freight & Logistics subindustry, Hargreaves Services'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.


Hargreaves Services's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hargreaves Services's Debt-to-EBITDA distribution charts can be found below:

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



Hargreaves Services Debt-to-EBITDA Calculation

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

Hargreaves Services's Debt-to-EBITDA for the fiscal year that ended in May. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15.511 + 20.839) / 44.279
=0.82

Hargreaves Services's annualized Debt-to-EBITDA for the quarter 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
=(14.913 + 13.874) / 22.858
=1.26

* 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 two times the quarterly (Nov. 2023) EBITDA data.


Hargreaves Services  (LSE:HSP) 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.


Hargreaves Services Debt-to-EBITDA Related Terms

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


Hargreaves Services (LSE:HSP) Business Description

Traded in Other Exchanges
Address
West Terrace, Esh Winning, Durham, GBR, DH7 9PT
Hargreaves Services PLC delivers projects and services in the infrastructure, energy, and property sectors, supporting key industries within the UK and South East Asia. The company's business segments are Services and Hargreaves Land. It generates maximum revenue from the Services segment. The Services segment provides materials handling, mechanical and electrical engineering, land restoration, logistics and bulk earthmoving into the energy, environmental, infrastructure and industrial sectors.

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