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Brighthouse Financial (LTS:0HPH) Debt-to-EBITDA : -0.70 (As of Dec. 2023)


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What is Brighthouse Financial Debt-to-EBITDA?

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

Brighthouse Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0 Mil. Brighthouse Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,156 Mil. Brighthouse Financial's annualized EBITDA for the quarter that ended in Dec. 2023 was $-4,540 Mil. Brighthouse Financial's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.70.

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

LTS:0HPH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.12   Med: -1.04   Max: 3.4
Current: -2.39

During the past 10 years, the highest Debt-to-EBITDA Ratio of Brighthouse Financial was 3.40. The lowest was -8.12. And the median was -1.04.

LTS:0HPH's Debt-to-EBITDA is ranked worse than
100% of 292 companies
in the Insurance industry
Industry Median: 1.49 vs LTS:0HPH: -2.39

Brighthouse Financial Debt-to-EBITDA Historical Data

The historical data trend for Brighthouse Financial'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.

Brighthouse Financial Debt-to-EBITDA Chart

Brighthouse Financial 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 -5.07 -2.78 1.45 0.65 -2.39

Brighthouse Financial 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 9.99 -1.28 -3.97 1.26 -0.70

Competitive Comparison of Brighthouse Financial's Debt-to-EBITDA

For the Insurance - Life subindustry, Brighthouse Financial'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.


Brighthouse Financial's Debt-to-EBITDA Distribution in the Insurance Industry

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

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



Brighthouse Financial Debt-to-EBITDA Calculation

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

Brighthouse Financial'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
=(0 + 3156) / -1321
=-2.39

Brighthouse Financial'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
=(0 + 3156) / -4540
=-0.70

* 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.


Brighthouse Financial  (LTS:0HPH) 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.


Brighthouse Financial Debt-to-EBITDA Related Terms

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


Brighthouse Financial (LTS:0HPH) Business Description

Address
11225 North Community House Road, Gragg Building, Charlotte, NC, USA, 28277
Brighthouse Financial Inc is a United States-based provider of annuity products and life insurance through independent distribution channels and marketing arrangements with distribution partners. Its segments are Annuities, Life, and Run-off. It derives a majority of the revenue from the Annuities segment which includes variable, fixed, index-linked and income annuities. The life segment includes variable, term, universal and whole life policies.

Brighthouse Financial (LTS:0HPH) Headlines

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