Resonac Holdings (Resonac Holdings) Debt-to-EBITDA : -8.23 (As of Dec. 2023)

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What is Resonac Holdings Debt-to-EBITDA?

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

Resonac Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $875 Mil. Resonac Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6,083 Mil. Resonac Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $-846 Mil. Resonac Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -8.23.

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

SHWDY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -78.19 Med: 6.01 Max: 62.03
Current: -78.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Resonac Holdings was 62.03. The lowest was -78.19. And the median was 6.01.

SHWDY's Debt-to-EBITDA is ranked worse than
100% of 1212 companies
in the Chemicals industry
Industry Median: 2.26 vs SHWDY: -78.19

Resonac Holdings Debt-to-EBITDA Historical Data

The historical data trend for Resonac 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.

Resonac Holdings Debt-to-EBITDA Chart

Resonac Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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2.16

62.03

5.60

5.97

10.37

Resonac Holdings Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															31.70	-22.66	83.49	9.97	-8.23

Competitive Comparison of Resonac Holdings's Debt-to-EBITDA

For the Chemicals subindustry, Resonac 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.

Resonac Holdings's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Resonac Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Resonac Holdings Debt-to-EBITDA Calculation

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

Resonac 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
	=	(875.397	+	6083.004)	/	671.302
	=	10.37

Resonac 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
	=	(875.397	+	6083.004)	/	-845.636
	=	-8.23

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 (Dec. 2023) EBITDA data.

Resonac Holdings (OTCPK:SHWDY) 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.

Resonac Holdings Debt-to-EBITDA Related Terms

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

Resonac Holdings (Resonac Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Resonac Holdings Corp (OTCPK:SHWDY) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

SHWDF:USA 4004:Japan SWD:Germany

Address

1-13-9 Shibadaimon, Minato-ku, Tokyo, JPN, 105-8518

Website

https://www.resonac.com

Resonac Holdings Corp manufactures and sells chemicals, aluminum, and electronics. The firm organizes itself into four segments, which are the Semiconductor and Electronic materials segment, the Mobility segment, the Chemicals segment, and the Innovations Enabling segment. Geographically the company derives sales from Japan, China, Asia excluding Japan and China, and the rest of the world. The majority of sales are derived from Japan.