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Vishay Intertechnology (Vishay Intertechnology) Debt-to-EBITDA : 1.72 (As of Dec. 2023)


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What is Vishay Intertechnology Debt-to-EBITDA?

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

Vishay Intertechnology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $26 Mil. Vishay Intertechnology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $921 Mil. Vishay Intertechnology's annualized EBITDA for the quarter that ended in Dec. 2023 was $550 Mil. Vishay Intertechnology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.72.

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

VSH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.79   Med: 1.24   Max: 1.58
Current: 1.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vishay Intertechnology was 1.58. The lowest was 0.79. And the median was 1.24.

VSH's Debt-to-EBITDA is ranked better than
53.23% of 712 companies
in the Semiconductors industry
Industry Median: 1.59 vs VSH: 1.40

Vishay Intertechnology Debt-to-EBITDA Historical Data

The historical data trend for Vishay Intertechnology'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.

Vishay Intertechnology Debt-to-EBITDA Chart

Vishay Intertechnology 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 1.41 1.41 0.94 0.82 1.40

Vishay Intertechnology 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 0.91 0.85 1.05 1.58 1.72

Competitive Comparison of Vishay Intertechnology's Debt-to-EBITDA

For the Semiconductors subindustry, Vishay Intertechnology'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.


Vishay Intertechnology's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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



Vishay Intertechnology Debt-to-EBITDA Calculation

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

Vishay Intertechnology'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
=(26.485 + 921.018) / 676.906
=1.40

Vishay Intertechnology'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
=(26.485 + 921.018) / 550.244
=1.72

* 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.


Vishay Intertechnology  (NYSE:VSH) 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.


Vishay Intertechnology Debt-to-EBITDA Related Terms

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


Vishay Intertechnology (Vishay Intertechnology) Business Description

Traded in Other Exchanges
Address
63 Lancaster Avenue, Malvern, PA, USA, 19355-2143
Vishay Intertechnology Inc provides a broad product portfolio of discrete semiconductors and passive electronic components to original equipment manufacturers and distributors. These products are found in industrial, computing, automotive, consumer, telecommunications, power supplies, military, aerospace, and medical markets and serve customer worldwide. Its product segments consist of two general classes: semiconductors and passive components. The company's operating segment includes metal oxide semiconductor field-effect transistors, diodes, optoelectronic components, resistors, inductors, and capacitors. Revenue mainly comes from resistors, which are basic components used in all forms of electronic circuitry to adjust and regulate levels of voltage and current.
Executives
Marc Zandman director, officer: ExecChairman & Chief Bus Dev C/O VISHAY INTERTECHNOLOGY, INC., 63 LINCOLN HIGHWAY, MALVERN PA 19355
Abraham Ludomirski director SUITE 190, 7 GREAT VALLEY PARKWAY, MALVERN PA 19355
Joel Smejkal director, officer: President and CEO 63 LANCASTER AVE, MALVERN PA 19355
Roy Shoshani officer: EVP & Chief Technical Officer 63 LANCASTER AVE, MALVERN PA 19355
Peter Henrici officer: EVP - Corporate Development 63 LANCASTER AVE, MALVERN PA 19355
Lori Lipcaman officer: EVP & Chief Financial Officer C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVENUE, MALVERN PA 19355
Jeffrey Allen Webster officer: EVP & Chief Operating Officer 63 LANCASTER AVE, MALVERN PA 19355
Andreas Randebrock officer: EVP - Global Human Resources 63 LANCASTER AVE, MALVERN PA 19355
Gerald Paul director, officer: President and CEO
Raanan Zilberman director 63 LANCASTER AVE, MALVERN PA 19355
Michiko Kurahashi director 63 LANCASTER AVE, MALVERN PA 19355
Renee B Booth director C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVE, MALVERN PA 19355
Ziv Shoshani director, officer: Exec. VP and COO C/O VISHAY INTERTECHNOLOGY, INC., 63 LANCASTER AVE, MALVERN PA 19355
Ruta Zandman director
Michael J Cody director EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748