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Perficient (Perficient) Debt-to-EBITDA : 2.37 (As of Dec. 2023)


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What is Perficient Debt-to-EBITDA?

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

Perficient's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $7.0 Mil. Perficient's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $413.3 Mil. Perficient's annualized EBITDA for the quarter that ended in Dec. 2023 was $177.0 Mil. Perficient's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.37.

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

PRFT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.64   Med: 2.01   Max: 3.4
Current: 2.46

During the past 13 years, the highest Debt-to-EBITDA Ratio of Perficient was 3.40. The lowest was 0.64. And the median was 2.01.

PRFT's Debt-to-EBITDA is ranked worse than
69.07% of 1594 companies
in the Software industry
Industry Median: 1.05 vs PRFT: 2.46

Perficient Debt-to-EBITDA Historical Data

The historical data trend for Perficient'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.

Perficient Debt-to-EBITDA Chart

Perficient Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 2.83 3.40 2.39 2.53

Perficient Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.42 2.34 2.45 2.76 2.37

Competitive Comparison of Perficient's Debt-to-EBITDA

For the Information Technology Services subindustry, Perficient'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.


Perficient's Debt-to-EBITDA Distribution in the Software Industry

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

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



Perficient Debt-to-EBITDA Calculation

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

Perficient'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
=(7 + 413.32) / 166.444
=2.53

Perficient'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
=(7 + 413.32) / 177.032
=2.37

* 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.


Perficient  (NAS:PRFT) 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.


Perficient Debt-to-EBITDA Related Terms

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


Perficient (Perficient) Business Description

Traded in Other Exchanges
Address
555 Maryville University Drive, Suite 600, Saint Louis, MO, USA, 63141
Perficient Inc provides a variety of information technology and consulting services that focus on digital experience, business optimization, and IT solutions. The company's services include big data analytics, technology platform implementations, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, business process management, and customer relationship management. It serves the healthcare, financial services, retail, and electronics industries. The vast majority of the company's revenue comes from the United States.
Executives
Thomas J. Hogan officer: Chief Operating Officer 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
David S Lundeen director C/O PROFICIENT INC, 7600-B N CAPITAL OF TEXAS HWY - STE 220, AUSTIN TX 78731
Jill Ackerman Jones director 850 DIXIE HWY, LOUISVILLE KY 40210
Susan L. Adomite officer: SVP, Controller & PAO 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Kevin Thomas Sheen officer: Senior Vice President 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Nancy C Pechloff director 10401 CLAYTON ROAD, ST LOUIS MO 63131
Brian L Matthews director 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
Ralph C Derrickson director 1120 S CAPITAL OF TEXAS HIGHWAY, BLDG 3 SUITE 220, AUSTIN TX 78746
Romil Bahl director 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Gary Wimberly director ONE EXPRESS WAY, ST. LOUIS MO 63121
Jeffrey S Davis officer: Chairman and CEO ONE CITYPLACE DRIVE, SUITE 190, SAINT LOUIS MO 63141
Paul E Martin officer: Chief Financial Officer CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
James R Kackley director 855 EAST MAIN AVE, ZEELAND MI 49464-0302
Kathryn J Henely officer: Chief Operating Officer 520 MARYVILLE CENTRE DR, SUITE 400, ST LOUIS MO 63141
John S Hamlin director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682