Brookfield Infrastructure (TSX:BIPC) Debt-to-EBITDA : 2.30 (As of Mar. 2024)

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What is Brookfield Infrastructure Debt-to-EBITDA?

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

Brookfield Infrastructure's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$35 Mil. Brookfield Infrastructure's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$18,271 Mil. Brookfield Infrastructure's annualized EBITDA for the quarter that ended in Mar. 2024 was C$7,965 Mil. Brookfield Infrastructure's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.30.

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 Brookfield Infrastructure's Debt-to-EBITDA or its related term are showing as below:

TSX:BIPC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.75 Med: 3.27 Max: 8.65
Current: 3.97

During the past 7 years, the highest Debt-to-EBITDA Ratio of Brookfield Infrastructure was 8.65. The lowest was 1.75. And the median was 3.27.

TSX:BIPC's Debt-to-EBITDA is ranked worse than
52.27% of 463 companies
in the Utilities - Regulated industry
Industry Median: 3.66 vs TSX:BIPC: 3.97

Brookfield Infrastructure Debt-to-EBITDA Historical Data

The historical data trend for Brookfield Infrastructure'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.

Brookfield Infrastructure Debt-to-EBITDA Chart

Brookfield Infrastructure Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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2.70

8.65

3.83

1.75

5.92

Brookfield Infrastructure Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															1.83	7.99	2.27	6.57	2.30

Competitive Comparison of Brookfield Infrastructure's Debt-to-EBITDA

For the Utilities - Regulated Gas subindustry, Brookfield Infrastructure'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.

Brookfield Infrastructure's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Brookfield Infrastructure's Debt-to-EBITDA distribution charts can be found below:

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

Brookfield Infrastructure Debt-to-EBITDA Calculation

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

Brookfield Infrastructure'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
	=	(1404.655	+	14766.991)	/	2731.498
	=	5.92

Brookfield Infrastructure's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(35.194	+	18270.893)	/	7964.584
	=	2.30

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 (Mar. 2024) EBITDA data.

Brookfield Infrastructure (TSX:BIPC) 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.

Brookfield Infrastructure Debt-to-EBITDA Related Terms

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

Brookfield Infrastructure (TSX:BIPC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Brookfield Infrastructure Corp (TSX:BIPC) » Definitions » Debt-to-EBITDA

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BIPC:USA

Address

250 Vesey Street, 15th Floor, New York, NY, USA, 10281

Website

https://www.bip.brookfield.com

Brookfield Infrastructure Corp is an indirect subsidiary of the partnership of the diversified infrastructure owner and operators. Its business is comprised of a U.K. regulated distribution operation, a Brazilian regulated natural gas transmission operation and an Australian regulated utility.