Debt to EBITDA ratio Analysis of Shyft Group Inc - Deep Dive
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Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointDebt to EBITDA of SHYF
Dec-231.85Very Good Debt to EBITDA | Dec-221.41Very Good Debt to EBITDA | Growth31.24% |
Debt to EBITDA Analysis of Shyft Group Inc
| Debt to EBITDA Ratio 1.85 of Shyft Group Inc shows that the company is financially strong and has enough profit to pay off its debt. |
| Debt to EBITDA Ratio of SHYF rose handsomely by 31.24 % this year. |
| Debt to EBITDA Ratio with value of 9.45 was highest in Year Dec-19 in last Five Years. |
| Debt to EBITDA Ratio with value of 0.198 was lowest in Year Dec-21 in last Five Years. |
| Latest Debt to EBITDA Ratio with value of 1.85 is lower than Average Debt to EBITDA of 2.71 in last five years. |
Other Debt to EBITDA Related Info of SHYF that may interest you.
Shyft Group Inc Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| SHYF | 12.67 | 12.65 | 0.158 % | Farm & Heavy Construction Machinery |
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
| Good Stability | |
FY - Historical Debt to EBITDA of Shyft Group Inc
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to EBITDA | 1.85 | 1.41 | 0.198 | 0.647 | 9.45 | 0.892 | 0.671 |
| Change | 31.24 % | 613.14 % | -69.41 % | -93.15 % | 960.36 % | 32.95 % | 8112.44 % |
FY Chart of Debt to EBITDA of Shyft Group Inc
Note : All Data Generated at the End of Trading Hours (EOD Data)