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Synaptics (Synaptics) Debt-to-EBITDA

: 35.55 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Synaptics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15 Mil. Synaptics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,008 Mil. Synaptics's annualized EBITDA for the quarter that ended in Dec. 2023 was $29 Mil. Synaptics's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 35.55.

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

SYNA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.88   Med: 2.31   Max: 8.86
Current: 8.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Synaptics was 8.86. The lowest was 0.88. And the median was 2.31.

SYNA's Debt-to-EBITDA is ranked worse than
89.42% of 709 companies
in the Semiconductors industry
Industry Median: 1.59 vs SYNA: 8.86

Synaptics Debt-to-EBITDA Historical Data

The historical data trend for Synaptics'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.

Synaptics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.24 2.31 3.16 2.05 2.95

Synaptics 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 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 Premium Member Only Premium Member Only Premium Member Only 3.05 3.17 8.12 -54.55 35.55

Competitive Comparison

For the Semiconductors subindustry, Synaptics'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.


Synaptics Debt-to-EBITDA Distribution

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

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



Synaptics Debt-to-EBITDA Calculation

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

Synaptics's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15 + 1014.4) / 349
=2.95

Synaptics'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
=(15.3 + 1008.4) / 28.8
=35.55

* 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.


Synaptics  (NAS:SYNA) 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.


Synaptics Debt-to-EBITDA Related Terms

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


Synaptics (Synaptics) Business Description

Traded in Other Exchanges
Address
1109 McKay Drive, San Jose, CA, USA, 95131
Synaptics Inc is a global producer of semiconductor solutions for the mobile, PC, and Internet of Things markets. The company develops human interface solutions that enable touch, display, fingerprint, video, audio, voice, AI, and connectivity functions for smartphones, PCs, Internet of Things products, and other electronic devices. Geographically, it derives a majority of revenue from China. The company operates in one segment: the development, marketing, and sale of semiconductor products used in electronic devices and products.
Executives
Vikram Gupta officer: See Remarks 1109 MCKAY DRIVE, SAN JOSE CA 95131
John Mcfarland officer: SVP and General Counsel 1251 MCKAY DR., SAN JOSE CA 95131
Dean Warren Butler officer: See Remarks C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Saleel Awsare officer: See Remarks C/O SIGMA DESIGN, INC., 47467 FREMONT BLVD., FREMONT CA 94538
Michael E. Hurlston director, officer: See remarks below 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Kiva A. Allgood director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Vivie Lee director 126 SIERRA POINT ROAD, BRISBANE CA 94005
James L Whims director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Kermit Nolan officer: See Remarks 1251 MCKAY DRIVE, SAN JOSE CA 95131
Jeffrey D Buchanan director C/O SMITH & WESSON, 2100 ROOSEVELT AVENUE, SPRINGFIELD MA 01104
Patricia Lorraine Kummrow director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Craig Browning Stein officer: Please see remarks C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Nelson C Chan director C/O SYNAPTICS INCORPORATED, 1251 MCKAY DRIVE, SAN JOSE CA 95131
Susan J Hardman director 1001 MURPHY RANCH ROAD, MILPITAS CA 95035
Richard L Sanquini director 14087 LOMA RIO DR, SARATOGA CA 95070