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Crawford (Crawford) Debt-to-EBITDA : 6.43 (As of Dec. 2023)


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What is Crawford Debt-to-EBITDA?

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

Crawford's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $39 Mil. Crawford's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $272 Mil. Crawford's annualized EBITDA for the quarter that ended in Dec. 2023 was $48 Mil. Crawford's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.43.

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

CRD.B' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.5   Med: 2.72   Max: 11.94
Current: 3.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Crawford was 11.94. The lowest was 1.50. And the median was 2.72.

CRD.B's Debt-to-EBITDA is ranked worse than
74.32% of 292 companies
in the Insurance industry
Industry Median: 1.49 vs CRD.B: 3.03

Crawford Debt-to-EBITDA Historical Data

The historical data trend for Crawford'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.

Crawford Debt-to-EBITDA Chart

Crawford 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 3.90 2.40 3.17 6.65 3.03

Crawford 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 2.86 3.02 3.15 2.43 6.43

Competitive Comparison of Crawford's Debt-to-EBITDA

For the Insurance Brokers subindustry, Crawford'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.


Crawford's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Crawford's Debt-to-EBITDA distribution charts can be found below:

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



Crawford Debt-to-EBITDA Calculation

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

Crawford'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
=(39.164 + 272.364) / 102.908
=3.03

Crawford'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
=(39.164 + 272.364) / 48.448
=6.43

* 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.


Crawford  (NYSE:CRD.B) 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.


Crawford Debt-to-EBITDA Related Terms

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


Crawford (Crawford) Business Description

Traded in Other Exchanges
Address
5335 Triangle Parkway, Peachtree Corners, GA, USA, 30092
Crawford & Co provides claims and outsourcing solutions to the risk management, insurance industry, and self-insured entities. Its segments include North America Loss Adjusting; International Operations; Broadspire and Platform Solutions. The company generates maximum revenue from the International Operations segment. International Operations segment provides services to the North American property and casualty market and provides claims management services to insurance carriers and self-insured entities related to property and casualty losses.

Crawford (Crawford) Headlines