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Pinewood Technologies Group (LSE:PINE) Debt-to-EBITDA : 2.24 (As of Jun. 2023)


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What is Pinewood Technologies Group Debt-to-EBITDA?

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

Pinewood Technologies Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £160 Mil. Pinewood Technologies Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £281 Mil. Pinewood Technologies Group's annualized EBITDA for the quarter that ended in Jun. 2023 was £197 Mil. Pinewood Technologies Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 2.24.

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

LSE:PINE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.33   Med: 1.87   Max: 105.29
Current: 3.09

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pinewood Technologies Group was 105.29. The lowest was -6.33. And the median was 1.87.

LSE:PINE's Debt-to-EBITDA is ranked worse than
61.18% of 1051 companies
in the Vehicles & Parts industry
Industry Median: 2.35 vs LSE:PINE: 3.09

Pinewood Technologies Group Debt-to-EBITDA Historical Data

The historical data trend for Pinewood Technologies 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.

Pinewood Technologies Group Debt-to-EBITDA Chart

Pinewood Technologies Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 105.29 -6.33 6.99 3.15 3.11

Pinewood Technologies Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 2.11 3.03 1.78 4.63 2.24

Competitive Comparison of Pinewood Technologies Group's Debt-to-EBITDA

For the Auto & Truck Dealerships subindustry, Pinewood Technologies 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.


Pinewood Technologies Group's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pinewood Technologies Group's Debt-to-EBITDA distribution charts can be found below:

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



Pinewood Technologies Group Debt-to-EBITDA Calculation

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

Pinewood Technologies Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(124.2 + 288.9) / 132.9
=3.11

Pinewood Technologies Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(159.8 + 281.4) / 196.8
=2.24

* 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 (Jun. 2023) EBITDA data.


Pinewood Technologies Group  (LSE:PINE) 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.


Pinewood Technologies Group Debt-to-EBITDA Related Terms

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


Pinewood Technologies Group (LSE:PINE) Business Description

Traded in Other Exchanges
Address
2 Oakwood Court, Little Oak Drive, Loxley House, Annesley, Nottingham, GBR, NG15 0DR
Pendragon PLC sells leases and services used and new vehicles almost exclusively in the United Kingdom. Its operating segments include Car Store, which sells used vehicles; franchised motor, which sells and services vehicles in the U.K.; software, which licenses software to global automotive business users to make dealerships more efficient; and leasing, which provides fleet vehicles, contract hire for cars and vans, and US Motor. Its franchised motor segment generates the most revenue for the company.