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600 Group (The) (LSE:SIXH) Debt-to-EBITDA : -3.30 (As of Sep. 2022)


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What is 600 Group (The) Debt-to-EBITDA?

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

600 Group (The)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was £3.05 Mil. 600 Group (The)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was £0.71 Mil. 600 Group (The)'s annualized EBITDA for the quarter that ended in Sep. 2022 was £-1.14 Mil. 600 Group (The)'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -3.30.

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 600 Group (The)'s Debt-to-EBITDA or its related term are showing as below:

LSE:SIXH's Debt-to-EBITDA is not ranked *
in the Industrial Products industry.
Industry Median: 1.7
* Ranked among companies with meaningful Debt-to-EBITDA only.

600 Group (The) Debt-to-EBITDA Historical Data

The historical data trend for 600 Group (The)'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.

600 Group (The) Debt-to-EBITDA Chart

600 Group (The) Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.19 2.50 7.14 19.88 4.39

600 Group (The) Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 21.99 19.77 7.47 3.90 -3.30

Competitive Comparison of 600 Group (The)'s Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, 600 Group (The)'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.


600 Group (The)'s Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, 600 Group (The)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 600 Group (The)'s Debt-to-EBITDA falls into.



600 Group (The) Debt-to-EBITDA Calculation

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

600 Group (The)'s Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.066 + 9.654) / 3.126
=4.39

600 Group (The)'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.049 + 0.714) / -1.14
=-3.30

* 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 (Sep. 2022) EBITDA data.


600 Group (The)  (LSE:SIXH) 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.


600 Group (The) Debt-to-EBITDA Related Terms

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600 Group (The) (LSE:SIXH) Business Description

Traded in Other Exchanges
N/A
Address
42 Berkeley Square, London, GBR, W1J 5AW
600 Group (The) PLC is a manufacturer, designer, and distributor of industrial products. The company's operating segment includes Industrial laser systems. Geographically, it derives majority of its revenue from the United States of America and has a presence in the United Kingdom, Europe, and the Rest of the World.

600 Group (The) (LSE:SIXH) Headlines