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Encore Wire (Encore Wire) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Encore Wire Debt-to-EBITDA?

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

Encore Wire's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Encore Wire's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Encore Wire's annualized EBITDA for the quarter that ended in Dec. 2023 was $351 Mil. Encore Wire's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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

WIRE's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.74
* Ranked among companies with meaningful Debt-to-EBITDA only.

Encore Wire Debt-to-EBITDA Historical Data

The historical data trend for Encore Wire'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.

Encore Wire Debt-to-EBITDA Chart

Encore Wire Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Encore Wire Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Encore Wire's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Encore Wire'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.


Encore Wire's Debt-to-EBITDA Distribution in the Industrial Products Industry

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

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



Encore Wire Debt-to-EBITDA Calculation

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

Encore Wire'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
=(0 + 0) / 483.425
=0.00

Encore Wire'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
=(0 + 0) / 350.852
=0.00

* 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.


Encore Wire  (NAS:WIRE) 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.


Encore Wire Debt-to-EBITDA Related Terms

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


Encore Wire (Encore Wire) Business Description

Traded in Other Exchanges
Address
1329 Millwood Road, McKinney, TX, USA, 75069
Encore Wire Corp is engaged in manufacturing electrical building wire and cable. It supplies building wire for interior electrical wiring in commercial and industrial buildings, homes, apartments, and manufactured housing. The company's principal customers are wholesale electrical distributors, who sell building wire and a variety of other products to electrical contractors. Encore offers an electrical building wire product line that consists primarily of NM-B cable, UF-B cable, THHN/THWN-2, XHHW-2, RHH/RHW-2, and other types of wire products, including tray cable, metal-clad, and armored cable.
Executives
William Kelvin Walker director 1329 MILLWOOD ROAD, MCKINNEY TX 75069
Matthew D. Ford officer: Controller 1329 MILLWOOD ROAD, MCKINNEY TX 75069
Daniel L Jones director, officer: Chairman, President & CEO 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069
Bret J Eckert officer: Vice President - Finance & CFO P O BOX 650205, DALLAS TX 75265
Gregory J Fisher director 14643 DALLAS PAKWAY, STE 1000, DALLAS TX 75254-8890
Scott D Weaver director C/O WESTERN REFINING, INC., 6500 TROWBRIDGE DRIVE, EL PASO TX 79905
Thomas William R Iii director 12900 PRESTON ROAD, SUITE 700, DALLAS TX 75230
John H Wilson director 12900 PRESTON RD, STE 700, DALLAS TX 75230
Gina A. Norris director 1329 MILLWOOD ROAD, MCKINNEY TX 75069
Frank J Bilban officer: Vice President - Finance & CFO 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069
Donald Eugene Courtney director
Capital Southwest Corp director 8333 DOUGLAS AVE, SUITE 1100, DALLAS TX 75225
Norman R Medlen officer: Controller 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069
Cunningham Thomas Lee Iii director
Joseph M Brito director 1410 MILLWOOD RD, C/O ENCORE WIRE CORP, MCKINNEY TX 75069

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