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Surface Transforms (LSE:SCE) Debt-to-EBITDA : -0.27 (As of Jun. 2023)


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What is Surface Transforms Debt-to-EBITDA?

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

Surface Transforms's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £0.56 Mil. Surface Transforms's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was £2.07 Mil. Surface Transforms's annualized EBITDA for the quarter that ended in Jun. 2023 was £-9.61 Mil. Surface Transforms's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -0.27.

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

LSE:SCE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.96   Med: -0.66   Max: -0.01
Current: -0.34

During the past 13 years, the highest Debt-to-EBITDA Ratio of Surface Transforms was -0.01. The lowest was -0.96. And the median was -0.66.

LSE:SCE's Debt-to-EBITDA is ranked worse than
100% of 1051 companies
in the Vehicles & Parts industry
Industry Median: 2.4 vs LSE:SCE: -0.34

Surface Transforms Debt-to-EBITDA Historical Data

The historical data trend for Surface Transforms'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.

Surface Transforms Debt-to-EBITDA Chart

Surface Transforms Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.86 -0.70 -0.79 -0.87 -0.56

Surface Transforms Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -0.45 -0.84 -0.74 -0.47 -0.27

Competitive Comparison of Surface Transforms's Debt-to-EBITDA

For the Auto Parts subindustry, Surface Transforms'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.


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

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

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



Surface Transforms Debt-to-EBITDA Calculation

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

Surface Transforms's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.506 + 2.222) / -4.897
=-0.56

Surface Transforms's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.559 + 2.073) / -9.612
=-0.27

* 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 two times the quarterly (Jun. 2023) EBITDA data.


Surface Transforms  (LSE:SCE) 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.


Surface Transforms Debt-to-EBITDA Related Terms

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


Surface Transforms (LSE:SCE) Business Description

Traded in Other Exchanges
Address
Acornfield Road, Knowsley Industrial Estate, Image Business Park, Liverpool, GBR, L33 7UF
Surface Transforms PLC is a company that develops, manufactures, and markets carbon-ceramic products for the brakes market. It also engages in developing new products and applications for carbon fiber-reinforced ceramic friction and non-friction materials. It has operations spread across the United Kingdom, Germany, Sweden the United States of America, the Rest of Europe, and the Rest of the World.

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