Hudaco Industries (JSE:HDC) Debt-to-EBITDA : 1.39 (As of Nov. 2023)

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What is Hudaco Industries Debt-to-EBITDA?

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

Hudaco Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was R217 Mil. Hudaco Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was R1,511 Mil. Hudaco Industries's annualized EBITDA for the quarter that ended in Nov. 2023 was R1,244 Mil. Hudaco Industries's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was 1.39.

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

JSE:HDC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.83 Med: 1.32 Max: 3.7
Current: 1.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hudaco Industries was 3.70. The lowest was 0.83. And the median was 1.32.

JSE:HDC's Debt-to-EBITDA is ranked better than
63.78% of 127 companies
in the Industrial Distribution industry
Industry Median: 2.11 vs JSE:HDC: 1.53

Hudaco Industries Debt-to-EBITDA Historical Data

The historical data trend for Hudaco Industries'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.

Hudaco Industries Debt-to-EBITDA Chart

Hudaco Industries Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-EBITDA

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1.32

3.70

1.21

1.14

1.53

Hudaco Industries Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-EBITDA	Get a 7-Day Free Trial															1.27	1.36	1.03	1.58	1.39

Competitive Comparison of Hudaco Industries's Debt-to-EBITDA

For the Industrial Distribution subindustry, Hudaco Industries'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.

Hudaco Industries's Debt-to-EBITDA Distribution in the Industrial Distribution Industry

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

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

Hudaco Industries Debt-to-EBITDA Calculation

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

Hudaco Industries's Debt-to-EBITDA for the fiscal year that ended in Nov. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(217.093	+	1510.757)	/	1128.495
	=	1.53

Hudaco Industries's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(217.093	+	1510.757)	/	1244.288
	=	1.39

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 two times the quarterly (Nov. 2023) EBITDA data.

Hudaco Industries (JSE:HDC) 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.

Hudaco Industries Debt-to-EBITDA Related Terms

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

Hudaco Industries (JSE:HDC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » Hudaco Industries Ltd (JSE:HDC) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Emerald Boulevard, Greenstone Hill, Building 9, 1st Floor, Greenstone Hill Office Park, Edenvale, GT, ZAF, 1609

Website

http://www.hudaco.co.za

Hudaco Industries Ltd is engaged in importing and distributing branded automotive, industrial and electrical consumable products. The company operates in two business segment such as Consumer-related product segment which includes power tools, security equipment, communication equipment, automotive and batteries, and Engineering consumables segment which consist of bearings, diesel engines and spares, and power transmission. It generates maximum revenue from Consumer-related product segment. Geographically, it derives a majority of revenue from South Africa.

Hudaco Industries (JSE:HDC) Headlines

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