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Holley (Holley) Debt-to-EBITDA : 5.22 (As of Dec. 2023)


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What is Holley Debt-to-EBITDA?

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

Holley's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $12.4 Mil. Holley's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $576.7 Mil. Holley's annualized EBITDA for the quarter that ended in Dec. 2023 was $112.9 Mil. Holley's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.22.

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

HLLY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.4   Med: 5.71   Max: 13.47
Current: 4.96

During the past 5 years, the highest Debt-to-EBITDA Ratio of Holley was 13.47. The lowest was 4.40. And the median was 5.71.

HLLY's Debt-to-EBITDA is ranked worse than
78.55% of 1049 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs HLLY: 4.96

Holley Debt-to-EBITDA Historical Data

The historical data trend for Holley'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.

Holley Debt-to-EBITDA Chart

Holley Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- 6.46 13.47 4.40 4.96

Holley Quarterly Data
Dec19 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 101.44 5.12 4.65 6.59 5.22

Competitive Comparison of Holley's Debt-to-EBITDA

For the Auto Parts subindustry, Holley'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.


Holley's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Holley's Debt-to-EBITDA distribution charts can be found below:

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



Holley Debt-to-EBITDA Calculation

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

Holley'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
=(12.409 + 576.71) / 118.67
=4.96

Holley'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
=(12.409 + 576.71) / 112.94
=5.22

* 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.


Holley  (NYSE:HLLY) 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.


Holley Debt-to-EBITDA Related Terms

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


Holley (Holley) Business Description

Traded in Other Exchanges
Address
1801 Russellville Road, Bowling Green, KY, USA, 42101
Holley Inc is a designer, marketer, and manufacturer of high-performance automotive aftermarket products, featuring a portfolio of iconic brands serving the car and truck industry. It offers a diversified line of performance automotive products including fuel injection systems, tuners, exhaust products, carburetors, safety equipment and various other performance automotive products. The company's brands include Holley, APR, MSD and Flowmaster, among others. It derives revenue from the U.S. and Italy, of which prime revenue is derived from the U.S.
Executives
Matthew Stevenson director, officer: President and CEO 150 PEABODY PLACE, M.S. LEGL-0008, MEMPHIS TN 38103
Ginger M Jones director 55 JEWELERS PARK DRIVE, NEENAH WI 54956
James D. Coady director, 10 percent owner C/O SENTINEL CAPITAL PARTNERS, L.L.C., 330 MADISON AVENUE, 27TH FLOOR, NEW YORK CITY NY 10017
Owen Basham director, 10 percent owner C/O SENTINEL CAPITAL PARTNERS, L.L.C., 330 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10017
David S Lobel director, 10 percent owner C/O SENTINEL CAPITAL PARTNERS II, 777 THIRD AVE. 32ND FL, NEW YORK NY 10017
Midocean Partners V, L.p. 10 percent owner C/O MIDOCEAN PARTNERS, 320 PARK AVENUE, SUITE 1600, NEW YORK NY 10022
Graham Clempson director, officer: President and Director C/O MIDOCEAN PARTNERS, 245 PARK AVENUE, 38TH FLOOR, NEW YORK NY 10167
Jesse Weaver officer: Chief Financial Officer 1801 RUSSELLVILLE ROAD, BOWLING GREEN KY 42101
Brian Appelgate officer: Interm Chief Operating Officer 1801 RUSSELLVILLE ROAD, BOWLING GREEN KY 42101
Dominic Bardos officer: Chief Financial Officer 1801 RUSSELLVILLE RD, BOWLING GREEN KY 42101
Thomas W Tomlinson director, officer: Chief Executive Officer 1801 RUSSELLVILLE RD, BOWLING GREEN KY 42101
Anita Sehgal director 817 MAXWELL AVENUE, EVANSVILLE IN 47711
Carly Kennedy officer: EVP & General Counsel 1801 RUSSELLVILLE ROAD, BOWLING GREEN KY 42101
Matthew E Rubel director 3231 SE SIXTH AVENUE, TOPEKA KS 66607
Gina L Bianchini director 312 WALNUT STREET, SUITE 1800, CINCINNATI OH 45202

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