BrightSphere Investment Group (BrightSphere Investment Group) Debt-to-EBITDA : 1.97 (As of Dec. 2023)

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What is BrightSphere Investment Group Debt-to-EBITDA?

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

BrightSphere Investment Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.0 Mil. BrightSphere Investment Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $346.3 Mil. BrightSphere Investment Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $176.0 Mil. BrightSphere Investment Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.97.

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 BrightSphere Investment Group's Debt-to-EBITDA or its related term are showing as below:

BSIG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.43 Med: 2.15 Max: 14.93
Current: 2.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of BrightSphere Investment Group was 14.93. The lowest was 0.43. And the median was 2.15.

BSIG's Debt-to-EBITDA is ranked worse than
65.03% of 366 companies
in the Asset Management industry
Industry Median: 1.22 vs BSIG: 2.60

BrightSphere Investment Group Debt-to-EBITDA Historical Data

The historical data trend for BrightSphere Investment Group'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.

BrightSphere Investment Group Debt-to-EBITDA Chart

BrightSphere Investment Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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2.34

1.24

2.10

1.90

2.60

BrightSphere Investment Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															1.65	4.24	3.62	2.45	1.97

Competitive Comparison of BrightSphere Investment Group's Debt-to-EBITDA

For the Asset Management subindustry, BrightSphere Investment Group'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.

BrightSphere Investment Group's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BrightSphere Investment Group's Debt-to-EBITDA distribution charts can be found below:

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

BrightSphere Investment Group Debt-to-EBITDA Calculation

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

BrightSphere Investment Group'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	+	346.3)	/	133.4
	=	2.60

BrightSphere Investment Group'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	+	346.3)	/	176
	=	1.97

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.

BrightSphere Investment Group (NYSE:BSIG) 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.

BrightSphere Investment Group Debt-to-EBITDA Related Terms

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

BrightSphere Investment Group (BrightSphere Investment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BrightSphere Investment Group Inc (NYSE:BSIG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

2B9:Germany

Address

200 State Street, 13th Floor, Boston, MA, USA, 02109

Website

https://www.bsig.com

BrightSphere Investment Group Inc is a diversified, multi-boutique asset management company. The company's diverse affiliates offer alpha-generating investment products to investors around the world. Its reportable segment includes Quant and Solutions, which comprises of versatile, tailored strategies that leverage data and technology in a computational, factor-based investment process across a range of asset classes in developed and emerging markets, including non-U.S. and small-cap equities, as well as managed volatility, ESG, multi-asset, equity alternatives, and long/short strategies.. Its affiliates offer products in the U.S, international and emerging markets equities; U.S. fixed income; and alternative investments, including timber and secondary Funds.

Executives

Richard Jonathan Hart	officer: Chief Legal Officer	200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Christina Wiater	officer: Principal Accounting Officer	200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Suren Rana	director, officer: President and CEO	245 PARK AVENUE, 40TH FLOOR, NEW YORK NY 10167
Paulson & Co. Inc.	10 percent owner	1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
John Paulson	director, 10 percent owner	1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036
Daniel K. Mahoney	officer: Head of Finance/PAO	C/O OLD MUTUAL ASSET MANAGEMENT, 200 CLARENDON STREET, BOSTON MA 02116
Guang Yang	director, officer: President and CEO	850 THIRD AVENUE, 16TH FLOOR, NEW YORK NY 10022
Robert J Chersi	director	C/O OMAM INC, 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Maliz E Beams	director	C/O PORT FINANCIAL CORP, 1380 SOLDIERS FIELD RD, BRIGHTON MA 02135
Barbara Trebbi	director	C/O OMAM INC., 200 CLARENDON STREET, 53RD FLOOR, BOSTON MA 02116
Reginald Love	director	C/O BRIGHTSPHERE INC., 200 CLARENDON STREET, BOSTON MA 02116
Andrew D Kim	director	1133 AVENUE OF THE AMERICAS, 33RD FLOOR, NEW YORK NY 10036