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Brady (BRC) Debt-to-EBITDA : 0.29 (As of Jan. 2024)


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What is Brady Debt-to-EBITDA?

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

Brady's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $13 Mil. Brady's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $61 Mil. Brady's annualized EBITDA for the quarter that ended in Jan. 2024 was $257 Mil. Brady's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 0.29.

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

BRC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.26   Med: 0.5   Max: 45.47
Current: 0.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of Brady was 45.47. The lowest was 0.26. And the median was 0.50.

BRC's Debt-to-EBITDA is ranked better than
84.94% of 830 companies
in the Business Services industry
Industry Median: 1.83 vs BRC: 0.27

Brady Debt-to-EBITDA Historical Data

The historical data trend for Brady'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.

Brady Debt-to-EBITDA Chart

Brady Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.28 0.43 0.57 0.31

Brady Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.48 0.28 0.28 0.30 0.29

Competitive Comparison of Brady's Debt-to-EBITDA

For the Security & Protection Services subindustry, Brady'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.


Brady's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Brady's Debt-to-EBITDA distribution charts can be found below:

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



Brady Debt-to-EBITDA Calculation

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

Brady's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14.726 + 65.933) / 261.605
=0.31

Brady's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(12.758 + 60.6) / 256.608
=0.29

* 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 (Jan. 2024) EBITDA data.


Brady  (NYSE:BRC) 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.


Brady Debt-to-EBITDA Related Terms

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


Brady (BRC) Business Description

Traded in Other Exchanges
Address
6555 West Good Hope Road, Milwaukee, WI, USA, 53223
Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The largest end market is the United States.
Executives
Bentley Curran officer: VP Chief Information Officer 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Brett Wilms officer: President - EMEA & Australia 6555 W GOOD HOPE ROAD, MILWAUKEE WI 53223
Nancy Lee Gioia director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Olivier Bojarski officer: President, Identification Soln C/O BELDEN INC., 1 N. BRENTWOOD BOULEVARD, 15TH FLOOR, SAINT LOUIS MO 63105
Frank W Harris director 244 SUMMER ST POLYMER BLDG 603, AKRON OH 53202
Elizabeth P Pungello director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Russell Shaller director 6555 WEST GOOD HOPE RD, MILWAUKEE WI 53223
Smee Joanne Collins director XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851
Vineet A Nargolwala director 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Andrew Gorman officer: General Counsel&Corp Secretary 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Pascal Deman officer: VP & GM Workplace Safety 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Thomas J Felmer officer: SR VP CFO 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Louis T Bolognini officer: SR VP - GENERAL COUNSEL P O BOX 9, SUGAR LAND TX 77487
J Michael Nauman director, officer: President & CEO C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Bradley C Richardson director