Debt to EBITDA ratio Analysis of PPG Industries Inc - Deep Dive
Debt to EBITDA of PPG
Dec-232.49Good Debt to EBITDA | Dec-223.38Indecisive Debt to EBITDA | Growth-26.43% |
Debt to EBITDA Analysis of PPG Industries Inc
Debt to EBITDA Ratio of PPG drastically fell by -26.43 % this year. |
Debt to EBITDA Ratio with value of 3.38 was highest in Year Dec-22 in last Five Years. |
Debt to EBITDA Ratio with value of 2.22 was lowest in Year Dec-19 in last Five Years. |
Latest Debt to EBITDA Ratio with value of 2.49 is lower than Average Debt to EBITDA of 2.75 in last five years. |
Other Debt to EBITDA Related Info of PPG that may interest you.
PPG Industries Inc Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
PPG | 128.27 | 127.32 | 0.746 % | Specialty Chemicals |
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 Formula](https://my.stockaio.com/help/template/FinDef/SolvencyRatios/DebtToEBITDA.jpg)
Debt to EBITDA Related Ratios
CashFlowFromOperationToDebt | DebtToCapital | EVToEBITDA |
Tsr Stability Index
No Significant Stability |
FY - Historical Debt to EBITDA of PPG Industries Inc
Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
---|---|---|---|---|---|---|---|
Debt to EBITDA | 2.49 | 3.38 | 2.71 | 2.97 | 2.22 | 2.17 | 1.50 |
Change | -26.43 % | 24.43 % | -8.57 % | 33.87 % | 2.09 % | 45.24 % | -42.25 % |
FY Chart of Debt to EBITDA of PPG Industries Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)