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Strix Group (LSE:KETL) Debt-to-EBITDA : 2.41 (As of Dec. 2023)


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What is Strix Group Debt-to-EBITDA?

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

Strix Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £17.3 Mil. Strix Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £93.3 Mil. Strix Group's annualized EBITDA for the quarter that ended in Dec. 2023 was £45.8 Mil. Strix Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.41.

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

LSE:KETL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.31   Med: 1.74   Max: 4.66
Current: 3.02

During the past 11 years, the highest Debt-to-EBITDA Ratio of Strix Group was 4.66. The lowest was 1.31. And the median was 1.74.

LSE:KETL's Debt-to-EBITDA is ranked worse than
66.78% of 1743 companies
in the Hardware industry
Industry Median: 1.79 vs LSE:KETL: 3.02

Strix Group Debt-to-EBITDA Historical Data

The historical data trend for Strix Group'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.

Strix Group Debt-to-EBITDA Chart

Strix Group 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 1.50 1.74 2.43 4.66 3.02

Strix Group Semi-Annual Data
Dec14 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.08 3.37 4.35 4.31 2.41

Competitive Comparison of Strix Group's Debt-to-EBITDA

For the Electronic Components subindustry, Strix Group'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.


Strix Group's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Strix Group Debt-to-EBITDA Calculation

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

Strix Group'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
=(17.28 + 93.335) / 36.619
=3.02

Strix Group'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
=(17.28 + 93.335) / 45.814
=2.41

* 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 (Dec. 2023) EBITDA data.


Strix Group  (LSE:KETL) 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.


Strix Group Debt-to-EBITDA Related Terms

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


Strix Group (LSE:KETL) Business Description

Traded in Other Exchanges
Address
Forrest House, Ronaldsway, IMN, IM9 2RG
Strix Group PLC manufactures and markets kettle controls for appliances worldwide. The Group is engaged in the business of design, manufacture, and supply of kettle safety controls and other components and devices involving water heating and temperature control, steam management and water filtration. Its revenue is generated by the sale of thermostatic controls, cordless interfaces, and other products such as water jugs and filters. It generates maximum revenue from the Kettle controls segment.

Strix Group (LSE:KETL) Headlines

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