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Broadwind (Broadwind) Debt-to-EBITDA : 2.29 (As of Dec. 2023)


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What is Broadwind Debt-to-EBITDA?

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

Broadwind's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9.9 Mil. Broadwind's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $25.5 Mil. Broadwind's annualized EBITDA for the quarter that ended in Dec. 2023 was $15.5 Mil. Broadwind's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.29.

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

BWEN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -79.43   Med: 1.24   Max: 10.68
Current: 2.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Broadwind was 10.68. The lowest was -79.43. And the median was 1.24.

BWEN's Debt-to-EBITDA is ranked worse than
54.1% of 2292 companies
in the Industrial Products industry
Industry Median: 1.75 vs BWEN: 2.03

Broadwind Debt-to-EBITDA Historical Data

The historical data trend for Broadwind'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.

Broadwind Debt-to-EBITDA Chart

Broadwind 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 6.19 5.22 3.05 -79.43 2.03

Broadwind 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 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 -16.24 4.22 2.87 1.75 2.29

Competitive Comparison of Broadwind's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Broadwind'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.


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

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

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



Broadwind Debt-to-EBITDA Calculation

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

Broadwind'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
=(9.907 + 25.51) / 17.474
=2.03

Broadwind'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
=(9.907 + 25.51) / 15.496
=2.29

* 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 (Dec. 2023) EBITDA data.


Broadwind  (NAS:BWEN) 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.


Broadwind Debt-to-EBITDA Related Terms

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


Broadwind (Broadwind) Business Description

Traded in Other Exchanges
Address
3240 S. Central Avenue, Cicero, IL, USA, 60804
Broadwind Inc is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The company provide technologically high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, in the United States of America. It capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treat, assembly, engineering and packaging solutions. It operates through three operating segments namely Heavy Fabrications, Gearing and Industrial Solutions.
Executives
Sachin M Shivaram director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Thomas A. Wagner director 66 WEYRICK ROAD, TROY NY 12180
Hayes M. Kennedy officer: Chief Human Resources Officer 3240 S. CENTRAL AVE., CICERO IL 60804
Jeanette A. Press director 550 WEST ADAMS STREET, CHICAGO IL 60661
Cary B Wood director 425 NORTH MARTINGALE ROAD, SUITE 1000, SCHAUMBURG IL 60173
Eric B. Blashford officer: Pres., Broadwind Towers, Inc. 3240 S. CENTRAL AVE., CICERO IL 60804
Daniel E. Schueller officer: Pres., Brad Foote Gear Works 3240 S. CENTRAL AVE., CICERO IL 60804
Stephanie K Kushner officer: Chief Financial Officer
Thomas A Ciccone officer: VP and Principal Acct Officer 3240 S. CENTRAL AVENUE, CICERO IL 60804
David P Reiland director N49 W13650 CAMPBELL DRIVE, MENOMONEE FALLS WI 53051
Jason Lee Bonfigt officer: VP and Corporate Controller 3240 S. CENTRAL AVE., CICERO IL 60804
Wayne W. Hanna officer: Pres., Brad Foote Gear Works 3240 S. CENTRAL AVE., CICERO IL 60804
Philip J Christman director 3240 S. CENTRAL AVENUE, CICERO IL 60804
Mayo Gilbert W. Jr. officer: Pres., Process Systems 3240 S. CENTRAL AVE., CICERO IL 60804
Joseph V. Reisinger officer: VP, Business Development 3240 S. CENTRAL AVE., CICERO IL 60804