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AECI (AECLY) Debt-to-EBITDA : 2.28 (As of Dec. 2023)


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What is AECI Debt-to-EBITDA?

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

AECI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $54 Mil. AECI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $288 Mil. AECI's annualized EBITDA for the quarter that ended in Dec. 2023 was $150 Mil. AECI's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.28.

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

AECLY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.8   Med: 1.61   Max: 2.82
Current: 2.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of AECI was 2.82. The lowest was 0.80. And the median was 1.61.

AECLY's Debt-to-EBITDA is ranked worse than
50.94% of 1217 companies
in the Chemicals industry
Industry Median: 2.25 vs AECLY: 2.33

AECI Debt-to-EBITDA Historical Data

The historical data trend for AECI'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.

AECI Debt-to-EBITDA Chart

AECI 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 1.79 2.82 1.53 2.37 1.69

AECI Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.12 3.21 3.50 3.07 2.28

Competitive Comparison of AECI's Debt-to-EBITDA

For the Specialty Chemicals subindustry, AECI'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.


AECI's Debt-to-EBITDA Distribution in the Chemicals Industry

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

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



AECI Debt-to-EBITDA Calculation

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

AECI'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
=(54.152 + 288.309) / 203.244
=1.68

AECI'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
=(54.152 + 288.309) / 150.166
=2.28

* 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 two times the quarterly (Dec. 2023) EBITDA data.


AECI  (OTCPK:AECLY) 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.


AECI Debt-to-EBITDA Related Terms

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


AECI (AECLY) Business Description

Address
Woodlands Drive, 24 The Woodlands, First Floor, AECI Place, Woodmead, Sandton, Johannesburg, ZAF, 2191
AECI Ltd manufactures and sells chemicals in five segments based on product type. AECI Mining segment, which generates majority of the revenue, sells explosives and mining-based chemicals to metals, coal, and diamond miners. AECI Chemicals segment supplies chemical raw materials to manufacturing, infrastructure, and industrial businesses. AECI Water segment provides integrated water treatment solutions, process chemicals and equipment solutions for a diverse range of applications. AECI Agri Health segment sell insecticides, herbicides, and fungicides to the agriculture industry. AECI Property Services & Corporate segment includes leasing and management in the office, industrial, and retail sectors.

AECI (AECLY) Headlines

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