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Amiad Water Systems (XTAE:AMD) Debt-to-EBITDA : 1.92 (As of Dec. 2023)


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What is Amiad Water Systems Debt-to-EBITDA?

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

Amiad Water Systems's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪71.8 Mil. Amiad Water Systems's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪56.7 Mil. Amiad Water Systems's annualized EBITDA for the quarter that ended in Dec. 2023 was ₪66.9 Mil. Amiad Water Systems's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.92.

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 Amiad Water Systems's Debt-to-EBITDA or its related term are showing as below:

XTAE:AMD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.23   Med: 2.71   Max: 8.64
Current: 2.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Amiad Water Systems was 8.64. The lowest was 1.23. And the median was 2.71.

XTAE:AMD's Debt-to-EBITDA is ranked worse than
54.85% of 2290 companies
in the Industrial Products industry
Industry Median: 1.71 vs XTAE:AMD: 2.02

Amiad Water Systems Debt-to-EBITDA Historical Data

The historical data trend for Amiad Water Systems'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.

Amiad Water Systems Debt-to-EBITDA Chart

Amiad Water Systems Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.79 2.67 1.23 1.25 2.06

Amiad Water Systems Quarterly Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.82 2.24 1.76 2.11 1.92

Competitive Comparison of Amiad Water Systems's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Amiad Water Systems'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.


Amiad Water Systems's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Amiad Water Systems's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Amiad Water Systems's Debt-to-EBITDA falls into.



Amiad Water Systems Debt-to-EBITDA Calculation

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

Amiad Water Systems'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
=(71.767 + 56.716) / 62.29
=2.06

Amiad Water Systems'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
=(71.767 + 56.716) / 66.864
=1.92

* 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 (Dec. 2023) EBITDA data.


Amiad Water Systems  (XTAE:AMD) 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.


Amiad Water Systems Debt-to-EBITDA Related Terms

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


Amiad Water Systems (XTAE:AMD) Business Description

Traded in Other Exchanges
N/A
Address
D.N. Galil Elyon 1, Kibbutz Amiad, ISR, 1233500
Amiad Water Systems Ltd is a producer and supplier of water filters and filtration systems. The company concentrates on automatic self-cleaning filters that require low maintenance and can be adapted to provide bespoke solutions to a wide range of applications in a number of industries, in addition to a variety of other applications in the irrigation market. Geographically, it has a presence in the Americas, Aisa-Pacific, and Europe, Middle East, and Africa.