GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rogers Corp (NYSE:ROG) » Definitions » Debt-to-EBITDA

Rogers (Rogers) Debt-to-EBITDA : 0.20 (As of Mar. 2024)


View and export this data going back to 1980. Start your Free Trial

What is Rogers Debt-to-EBITDA?

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

Rogers's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $3.8 Mil. Rogers's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $15.1 Mil. Rogers's annualized EBITDA for the quarter that ended in Mar. 2024 was $94.8 Mil. Rogers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.20.

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

ROG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.13   Med: 1.1   Max: 2.05
Current: 0.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Rogers was 2.05. The lowest was 0.13. And the median was 1.10.

ROG's Debt-to-EBITDA is ranked better than
89% of 1727 companies
in the Hardware industry
Industry Median: 1.81 vs ROG: 0.13

Rogers Debt-to-EBITDA Historical Data

The historical data trend for Rogers'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.

Rogers Debt-to-EBITDA Chart

Rogers 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 1.10 0.17 1.11 1.17 0.36

Rogers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.26 0.78 0.51 0.30 0.20

Competitive Comparison of Rogers's Debt-to-EBITDA

For the Electronic Components subindustry, Rogers'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.


Rogers's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Rogers Debt-to-EBITDA Calculation

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

Rogers'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
=(3.5 + 45.4) / 137.8
=0.35

Rogers's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.8 + 15.1) / 94.8
=0.20

* 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 (Mar. 2024) EBITDA data.


Rogers  (NYSE:ROG) 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.


Rogers Debt-to-EBITDA Related Terms

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


Rogers (Rogers) Business Description

Traded in Other Exchanges
Address
2225 West Chandler Boulevard, Chandler, AZ, USA, 85224-6155
Rogers Corporation designs develop and manufacture engineered materials and components for sale to original equipment manufacturers and component suppliers. The firm operates in three business segments: advanced connectivity solutions, which manufactures circuit materials for applications in communications infrastructure, automotive, and consumer electronics markets; elastomeric material solutions, which provide cushioning, sealing, and impact protection in automotive, transportation, and construction applications; and power electronics solutions, which sells ceramic substrate materials for power module applications. The firm generates revenue primarily in the United States, China, and Germany, but has a presence around the world.
Executives
Brian Keith Larabee officer: Vice President - EMS 689 PUDDING HILL ROAD, HAMPTON CT 06247
Griffin Melaney Gappert officer: VP, Chief Technology Officer 24 OLD FARMSTEAD RD, CHESTER NJ 07930
Anne K Roby director 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Lauzon Armand F Jr director 227 WEST MONROE STREET, SUITE 2600, CHICAGO IL 60606
Larry L Berger director 1 ECOLAB PLACE, SAINT PAUL MN 55102
Ramakumar Mayampurath officer: SVP, CFO, Treasurer 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Michael Reed Webb officer: SVP & Chief Admin Officer 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Jessica Ann Morton officer: VP, Gen Counsel, Secretary 803 S. 2ND STREET, PHILADELPHIA PA 19147
Lawrence Erwin Schmid officer: Senior VP Global Operations 1863 BENDING STREAM DRIVE, LEAGUE CITY TX 77573
Jeffrey J Owens director 5725 DELPHI DRIVE, TROY MI 48098
Peter C Wallace director C/O ROBBINS & MYERS, INC., 51 PLUM STREET, SUITE 260, DAYTON OH 45440
Gouveia Randall Colin officer: SVP, GM of EMA 2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Robert C Daigle officer: V.P. R&D and CTO C/O: ROGERS CORPORATION, ONE TECHNOLOGY DRIVE PO BOX 188, ROGERS CT 06263-0188
Bruce D. Hoechner director, officer: President and CEO 2225 W CHANDLER BLVD, CHANDLER AZ 85224

Rogers (Rogers) Headlines

From GuruFocus

Top 5 2nd Quarter Trades of Conestoga Capital Advisors, LLC

By GuruFocus Research GuruFocus Editor 07-22-2022

Rogers Corporation Outlines Growth Strategy at Investor Day

By Business Wire Business Wire 03-30-2023

Rogers to Participate in CJS Securities Investor Conference

By Business Wire Business Wire 01-11-2023

Rogers Announces Leadership Transition

By Business Wire Business Wire 11-17-2022

Rogers To Hold Investor Conference Call On December 8, 2022

By Business Wire Business Wire 11-28-2022

The Rogers Corp (ROG) Company: A Short SWOT Analysis

By GuruFocus Research 10-30-2023

Rogers Announces Changes to Board of Directors

By Business Wire 01-17-2024