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SIFCO Industries (SIFCO Industries) Debt-to-EBITDA : -21.18 (As of Mar. 2024)


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What is SIFCO Industries Debt-to-EBITDA?

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

SIFCO Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $28.03 Mil. SIFCO Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $17.64 Mil. SIFCO Industries's annualized EBITDA for the quarter that ended in Mar. 2024 was $-2.16 Mil. SIFCO Industries's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -21.18.

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

SIF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -48.02   Med: 1.55   Max: 63.02
Current: -48.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of SIFCO Industries was 63.02. The lowest was -48.02. And the median was 1.55.

SIF's Debt-to-EBITDA is ranked worse than
100% of 227 companies
in the Aerospace & Defense industry
Industry Median: 2.29 vs SIF: -48.02

SIFCO Industries Debt-to-EBITDA Historical Data

The historical data trend for SIFCO 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.

SIFCO Industries Debt-to-EBITDA Chart

SIFCO Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.02 2.42 5.90 -12.87 -47.96

SIFCO Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -13.02 -24.06 7.22 -8.84 -21.18

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

For the Aerospace & Defense subindustry, SIFCO 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.


SIFCO Industries's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, SIFCO Industries's Debt-to-EBITDA distribution charts can be found below:

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



SIFCO Industries Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(20.978 + 16.477) / -0.781
=-47.96

SIFCO Industries'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
=(28.032 + 17.636) / -2.156
=-21.18

* 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.


SIFCO Industries  (AMEX:SIF) 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.


SIFCO Industries Debt-to-EBITDA Related Terms

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


SIFCO Industries (SIFCO Industries) Business Description

Traded in Other Exchanges
N/A
Address
970 East 64th Street, Cleveland, OH, USA, 44103
SIFCO Industries Inc is engaged in the production of forgings and machined components for the Aerospace and Energy, Defense and Commercial Space markets. Its processes and services include forging, heat-treating and machining. It serves original equipment manufacturers (OEM) as well as aftermarket customers. Its products are made of steel, stainless steel, titanium and aluminium and include OEM and aftermarket components for aircraft and industrial gas turbine engines, steam turbine blades, structural airframe components, aircraft landing gear components, aircraft wheels and brakes, critical rotating components for helicopters and industrial products. Substantial revenue is derived from North America as well as operates in Europe.
Executives
Wells Norman E Jr. director PO BOX 609, AURORA OH 44202
Alayne L Reitman director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Peter William Knapper director, officer: President & CEO 5924 MEDALLION DRIVE, WESTERVILLE OH 43082
Molten Donald C Jr. director 970 EAST 64TH STREET, CLEVELAND OH 44103
Mark J Silk director, 10 percent owner 4946 AZUSA CANYON ROAD, IRWINDALE CA 91706
Hudson Smith director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Thomas Robert Kubera officer: Corporate Controller 1327 SPRUCEDALE ROAD, BROADVIEW HEIGHTS OH 44147
Jeffrey P Gotschall director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Salvatore Incanno officer: VP of Finance & CFO 970 E. 64TH ST, CLEVELAND OH 44103
John Sr Chapman director 970 EAST 64TH STREET, CLEVELAND OH 44103
Dennis Paul Hido officer: Corporate Controller 21 EMERALD COURT, CANFIELD OH 44406
Catherine Marie Kramer officer: Vice President-Finance & CFO 14388 CASTLEREAGH LANE, STRONSVILLE OH 44136
Frank N Nichols director 8646 CARDINAL DRIVE, KIRTLAND OH 44094
Frank A Cappello officer: Vice President Finance and CFO SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Miller P Charles Jr director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103

SIFCO Industries (SIFCO Industries) Headlines