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Debt-to-EBITDA measures a company's ability to pay off its debt.
The Shyft Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $41.7 Mil. The Shyft Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $142.6 Mil. The Shyft Group's annualized EBITDA for the quarter that ended in Sep. 2024 was $43.0 Mil. The Shyft Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 4.29.
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
The historical rank and industry rank for The Shyft Group's Debt-to-EBITDA or its related term are showing as below:
During the past 13 years, the highest Debt-to-EBITDA Ratio of The Shyft Group was 9.63. The lowest was -1.08. And the median was 0.73.
The historical data trend for The Shyft 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.
The Shyft Group Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Debt-to-EBITDA | Get a 7-Day Free Trial | 2.15 | 1.17 | 0.57 | 2.13 | 5.48 |
The Shyft Group Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Debt-to-EBITDA | Get a 7-Day Free Trial | 3.97 | -11.83 | 12.59 | 3.77 | 4.29 |
For the Farm & Heavy Construction Machinery subindustry, The Shyft 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.
For the Farm & Heavy Construction Machinery industry and Industrials sector, The Shyft Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where The Shyft Group's Debt-to-EBITDA falls into.
Debt-to-EBITDA measures a company's ability to pay off its debt.
The Shyft 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 | |
= | (45.498 | + | 86.868) | / | 24.176 | |
= | 5.48 |
The Shyft Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as
Debt-to-EBITDA | = | Total Debt | / | EBITDA | ||
= | (Short-Term Debt & Capital Lease Obligation | + | Long-Term Debt & Capital Lease Obligation) | / | EBITDA | |
= | (41.721 | + | 142.611) | / | 42.98 | |
= | 4.29 |
* 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 four times the quarterly (Sep. 2024) EBITDA data.
The Shyft Group (NAS:SHYF) 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
Thank you for viewing the detailed overview of The Shyft Group's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.
John Albert Dunn | officer: President Fleet Vehicles & Svc | C/O THE SHYFT GROUP, 41280 BRIDGE STREET, NOVI MI 48375 |
Joshua A Sherbin | officer: Chief Legal Officer | 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304 |
Jonathan C Douyard | officer: Chief Financial Officer | C/O SPARTAN MOTORS, INC., 41280 BRIDGE STREET, NOVI MI 48375 |
Michael Dinkins | director | 6166 NW 85TH WAY, PARKLAND FL 33067 |
Terri Pizzuto | director | 3050 HIGHLAND PARKWAY, STE 100, DOWNERS GROVA IL 60515 |
Pamela L Kermisch | director | C/O THE SHYFT GROUP, 41280 BRIDGE STREET, NOVI MI 48375 |
Mark B. Rourke | director | 3101 PACKERLAND DRIVE, GREEN BAY WI 54313 |
James A. Sharman | director | C/O SPARTAN MOTORS, INC., 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
Jacob Owen Farmer | officer: President, Specialty Vehicles | C/O THE SHYFT GROUP, 41280 BRIDGE STREET, NOVI MI 48375 |
Stephen K Guillaume | officer: President, Specialty Chassis | C/O SPARTAN MOTORS, INC., 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
Hindman Colin E | officer: Chief Human Resources Officer | 3130 STONEY CREEK ROAD, OAKLAND MI 48363 |
Scott Matthew Ocholik | officer: Chief Accounting Officer | C/O THE SHYFT GROUP, 41280 BRIDGE STREET, NOVI MI 48375 |
Carl A. Esposito | director | 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033 |
Thomas R Clevinger | director | C/O SPARTAN MOTORS, INC., 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
Daryl M Adams | officer: Chief Operating Officer | C/O SPARTAN MOTORS, INC., 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
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