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Crane Co (Crane Co) Debt-to-EBITDA

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

Crane Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $11 Mil. Crane Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $305 Mil. Crane Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $322 Mil. Crane Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.98.

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

CR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.77   Med: 1.97   Max: 3.71
Current: 0.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of Crane Co was 3.71. The lowest was 0.77. And the median was 1.97.

CR's Debt-to-EBITDA is ranked better than
67.97% of 2301 companies
in the Industrial Products industry
Industry Median: 1.7 vs CR: 0.77

Crane Co Debt-to-EBITDA Historical Data

The historical data trend for Crane Co'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.

Crane Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.71 3.26 3.41 1.44 0.96

Crane Co 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 2.49 1.69 1.09 0.74 0.98

Competitive Comparison

For the Specialty Industrial Machinery subindustry, Crane Co'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.


Crane Co Debt-to-EBITDA Distribution

For the Industrial Products industry and Industrials sector, Crane Co's Debt-to-EBITDA distribution charts can be found below:

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



Crane Co Debt-to-EBITDA Calculation

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

Crane Co'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
=(10.8 + 304.8) / 329
=0.96

Crane Co'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
=(10.8 + 304.8) / 321.6
=0.98

* 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.


Crane Co  (NYSE:CR) 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.


Crane Co Debt-to-EBITDA Related Terms

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


Crane Co (Crane Co) Business Description

Traded in Other Exchanges
Address
100 First Stamford Place, Stamford, CT, USA, 06902
Crane is a diversified industrial firm that manufactures a broad range of products, including valves, pumps, aerospace components, and fiberglass-reinforced plastic panels. Its business is organized into three segments: aerospace and electronics, process flow technologies, and engineered materials. Crane generated approximately $2 billion in revenue in 2022.
Executives
Max H Mitchell officer: President & CEO CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Richard A Maue director, officer: Exec. V.P., CFO & PAO C/O PAXAR CORPORATION, 105 CORPORATE PARK DRIVE, WHITE PLAINS NY 10604
Marijane V. Papanikolaou officer: V.P, Controller & CAO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Jennifer Kartono officer: SVP, CHRO 950 WINTER STREET 4TH FLOOR, WALTHAM MA 02451
Fund Crane 10 percent owner C/O CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Paul Gerard Igoe officer: SVP, General Counsel & Sec. LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
Sanjay Kapoor director C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
William K Grogan director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Bianca B. Shardelow officer: VP, Controller & CAO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Cristen L Kogl director 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Tamara S. Polmanteer officer: Exec. Vice President & CHRO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Ronald Carter Lindsay director 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Tullis James L L director 100 FIRST STAMFORD PLACE, STAMFORD CT 06907
Charles G Mcclure director 55 CABOT PL, BLOOMFIELD HILLS MI 48304
Alejandro Alcala officer: Executive Vice President 100 FIRST STAMFORD PLACE, STAMFORD CT 06902