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ESAB (ESAB) Net Debt Paydown Yield % : 1.88% (As of May. 17, 2024)


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What is ESAB Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, ESAB's Net Debt Paydown Yield % was 1.88%.


ESAB Net Debt Paydown Yield % Historical Data

The historical data trend for ESAB's Net Debt Paydown Yield % 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.

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ESAB Net Debt Paydown Yield % Chart

ESAB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Debt Paydown Yield %
- - - -31.00 -4.52

ESAB Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Debt Paydown Yield % 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 -33.10 -19.38 -13.84 -4.52 1.85

Competitive Comparison of ESAB's Net Debt Paydown Yield %

For the Metal Fabrication subindustry, ESAB's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


ESAB's Net Debt Paydown Yield % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ESAB's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where ESAB's Net Debt Paydown Yield % falls into.



ESAB Net Debt Paydown Yield % Calculation

ESAB's Net Debt Paydown Yield % for the quarter that ended in Mar. 2024 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 1285.81-1162.24 )/6681.125908
=1.85 %

* 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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


ESAB  (NYSE:ESAB) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


ESAB Net Debt Paydown Yield % Related Terms

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ESAB (ESAB) Business Description

Traded in Other Exchanges
Address
909 Rose Avenue, 8th Floor, North Bethesda, MD, USA, 20852
ESAB, spun off from Colfax in 2022, is a leading manufacturer of equipment and consumables used in welding, cutting, and joining applications. Alongside competitors Lincoln Electric and ITW's Miller brand, ESAB is one of the top three players in the welding space. ESAB generated roughly $2.6 billion in revenue and $329 million in GAAP operating income in 2022.
Executives
Olivier Biebuyck officer: President, EMEA 909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Shyam Kambeyanda officer: President and CEO 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Michele Campion officer: Chief Human Resources Officer 909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Rhonda L Jordan director KRAFT FOODS INC, THREE LAKES DRIVE, NORTHFIELD IL 60093
Kevin J Johnson officer: Chief Financial Officer 909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Christopher M Hix director 2160 SATELLITE BLVD., SUITE 200, DULUTH GA 30097
Patrick W Allender director DANAHER CORP, 2099 PENNSYLVANIA AVE NW 12TH FL, WASHINGTON DC 20006
Rajiv Vinnakota director 8730 STONY POINT PARKWAY, SUITE 150, RICHMOND VA 23235
John P Dion officer: SVP, ESAB Business Excellence 909 ROSE AVE., 8TH FLOOR, NORTH BETHESDA MD 20852
Eleanor Lukens officer: President, Americas 909 ROSE AVE., 8TH FLOOR, NORTH BETHESDA MD 20852
Mitchell P Rales director 11790 GLEN ROAD, POTOMAC MD 20854
Curtis E Jewell officer: SVP, General Counsel 909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Melissa Cummings director 909 ROSE AVENUE, SUITE 800, NORTH BETHESDA MD 20852
Stephanie M Phillipps director C/O THE PNC FINANCIAL SERVICES GROUP, 340 MADISON AVENUE, NEW YORK NY 10173
Didier P Teirlinck director INGERSOLL-RAND COMPANY, 155 CHESTNUT RIDGE ROAD, MONTVALE NJ 07645

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