Debt to EBITDA ratio Analysis of Automatic Data Processing Inc - Deep Dive
Debt to EBITDA of ADP
Jun-231.30Very Good Debt to EBITDA | Jun-220.710Excellent Debt to EBITDA | Growth83.58% |
Debt to EBITDA Analysis of Automatic Data Processing Inc
Debt to EBITDA Ratio 1.30 of Automatic Data Processing Inc shows that the company is financially strong and has enough profit to pay off its debt. |
Debt to EBITDA Ratio of ADP rose handsomely by 83.58 % this year. |
Debt to EBITDA Ratio with value of 1.30 was highest in Year Jun-23 in last Five Years. |
Debt to EBITDA Ratio with value of 0.535 was lowest in Year Jun-20 in last Five Years. |
Latest Debt to EBITDA Ratio with value of 1.30 is Greater than Average Debt to EBITDA of 0.790 in last five years. |
Other Debt to EBITDA Related Info of ADP that may interest you.
Automatic Data Processing Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
ADP | 242.62 | 244.27 | 0.675 % | Staffing & Employment Services |
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization. more ..Debt to EBITDA Related Ratios
CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
Low Stability Stock |
FY - Historical Debt to EBITDA of Automatic Data Processing Inc
Period | Jun-23 | Jun-22 | Jun-21 | Jun-20 | Jun-19 | Jun-18 | Jun-17 |
---|---|---|---|---|---|---|---|
Debt to EBITDA | 1.30 | 0.710 | 0.765 | 0.535 | 0.639 | 1.51 | 1.37 |
Change | 83.58 % | -7.25 % | 42.93 % | -16.19 % | -57.71 % | 10.40 % | -12.14 % |
FY Chart of Debt to EBITDA of Automatic Data Processing Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)