Strip Tinning Holdings (LSE:STG) Debt-to-EBITDA : -9.32 (As of Dec. 2023)

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What is Strip Tinning Holdings Debt-to-EBITDA?

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

Strip Tinning Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.17 Mil. Strip Tinning Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.73 Mil. Strip Tinning Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was £-0.31 Mil. Strip Tinning Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -9.32.

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 Strip Tinning Holdings's Debt-to-EBITDA or its related term are showing as below:

LSE:STG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.52 Med: 0.78 Max: 381.25
Current: -16.52

During the past 7 years, the highest Debt-to-EBITDA Ratio of Strip Tinning Holdings was 381.25. The lowest was -16.52. And the median was 0.78.

LSE:STG's Debt-to-EBITDA is ranked worse than
100% of 1051 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs LSE:STG: -16.52

Strip Tinning Holdings Debt-to-EBITDA Historical Data

The historical data trend for Strip Tinning Holdings'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.

Strip Tinning Holdings Debt-to-EBITDA Chart

Strip Tinning Holdings Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.85

2.29

381.25

-0.60

-16.52

Strip Tinning Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial					-1.79	-0.66	-0.56	-64.15	-9.32

Competitive Comparison of Strip Tinning Holdings's Debt-to-EBITDA

For the Auto Parts subindustry, Strip Tinning Holdings'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.

Strip Tinning Holdings's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

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

Strip Tinning Holdings Debt-to-EBITDA Calculation

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

Strip Tinning Holdings'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
	=	(1.174	+	1.734)	/	-0.176
	=	-16.52

Strip Tinning Holdings'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
	=	(1.174	+	1.734)	/	-0.312
	=	-9.32

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.

Strip Tinning Holdings (LSE:STG) 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.

Strip Tinning Holdings Debt-to-EBITDA Related Terms

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

Strip Tinning Holdings (LSE:STG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Strip Tinning Holdings PLC (LSE:STG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Arden Road, Arden Business Park, Frankley, Birmingham, West Midlands, GBR, B45 0JA

Website

https://www.striptinning.com

Strip Tinning Holdings PLC manufactures specialist flexible electrical connectors related primarily to heating and antennae systems embedded within automotive glazing and to the connection of the cells within electric vehicle battery packs, increasingly using flexible and lightweight printed circuit technology that also has growing applications elsewhere within vehicles. The group consists of two business lines: Glazing and EV.