Debt to EBITDA ratio Analysis of Lakeland Financial Corp. - Deep Dive


Debt to EBITDA of LKFN
Dec-23
0.913
Excellent Debt to EBITDA
Dec-22
3.54
Indecisive Debt to EBITDA
Growth
-74.20
%
Debt to EBITDA Analysis of Lakeland Financial Corp.
Debt to EBITDA Ratio 0.913 of Lakeland Financial Corp. shows that the company is financially strong and has enough profit to pay off its debt.
Debt to EBITDA Ratio of LKFN drastically fell by -74.20 % this year.
Debt to EBITDA Ratio with value of 3.54 was highest in Year Dec-22 in last Five Years.
Debt to EBITDA Ratio with value of 0.536 was lowest in Year Dec-21 in last Five Years.
Latest Debt to EBITDA Ratio with value of 0.913 is lower than Average Debt to EBITDA of 1.75 in last five years.
Other Debt to EBITDA Related Info of LKFN that may interest you.
Lakeland Financial Corp. Overview
CodePricePrevious PricePrice ChangeSector
LKFN62.0361.53 0.813 % Banks-Regional
Fundamental AnalysisTechnical Analysis
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 Formula

Debt to EBITDA Related Ratios
CashFlowFromOperationToDebtDebtToCapitalEVToEBITDA

Tsr Stability Index
No Significant Stability
FY - Historical Debt to EBITDA of Lakeland Financial Corp.
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Debt to EBITDA0.9133.540.5361.811.951.311.53
Change-74.20 %559.84 %-70.45 %-7.12 %48.59 %-13.81 %-25.85 %
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FY Chart of Debt to EBITDA of Lakeland Financial Corp.


Note : All Data Generated at the End of Trading Hours (EOD Data)