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Ferrotec Holdings (Ferrotec Holdings) Debt-to-EBITDA : 3.58 (As of Dec. 2023)


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What is Ferrotec Holdings Debt-to-EBITDA?

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

Ferrotec Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $279 Mil. Ferrotec Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $615 Mil. Ferrotec Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $250 Mil. Ferrotec Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.58.

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

FRRZF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.93   Med: 2.42   Max: 6.46
Current: 5.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ferrotec Holdings was 6.46. The lowest was 0.93. And the median was 2.42.

FRRZF's Debt-to-EBITDA is ranked worse than
79.35% of 707 companies
in the Semiconductors industry
Industry Median: 1.58 vs FRRZF: 5.04

Ferrotec Holdings Debt-to-EBITDA Historical Data

The historical data trend for Ferrotec Holdings'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.

Ferrotec Holdings Debt-to-EBITDA Chart

Ferrotec Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.46 2.27 0.93 1.29 3.16

Ferrotec Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.46 3.77 3.53 3.58 10.43

Competitive Comparison of Ferrotec Holdings's Debt-to-EBITDA

For the Semiconductors subindustry, Ferrotec Holdings'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.


Ferrotec Holdings's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ferrotec Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Ferrotec Holdings Debt-to-EBITDA Calculation

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

Ferrotec Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(323.765 + 616.365) / 297.653
=3.16

Ferrotec Holdings'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
=(278.814 + 614.975) / 249.504
=3.58

* 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.


Ferrotec Holdings  (OTCPK:FRRZF) 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.


Ferrotec Holdings Debt-to-EBITDA Related Terms

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


Ferrotec Holdings (Ferrotec Holdings) Business Description

Traded in Other Exchanges
Address
2-3-4 Nihonbashi, Chuo-ku, Nihonbashi Plaza Building, Tokyo, JPN, 103-0027
Ferrotec Holdings Corp is a manufacturer of semiconductor equipment related products. The company operates through four business segments. Its Electronic device segment manufactures thermo-electric modules, ferrofluid, and power semiconductor substrate. The Equipment-related segment is engaged in the production and sale of vacuum seal, quartz products, ceramics and silicon products, silicon parts, and wafer products. Its Photovoltaic segment is involved in the formation of silicon crystal equipment, quartz crucible, and silicon for the solar cell. The company's Other segment comprises of laundry and other related industrial equipment.