Debt to EBITDA ratio Analysis of Towne Bank - Deep Dive
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Fundamentals
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PivotPointDebt to EBITDA of TOWN
Dec-231.24Very Good Debt to EBITDA | Dec-2211.64Very Poor Debt to EBITDA | Growth-89.39% |
Debt to EBITDA Analysis of Towne Bank
| Debt to EBITDA Ratio 1.24 of Towne Bank shows that the company is financially strong and has enough profit to pay off its debt. |
| Debt to EBITDA Ratio of TOWN drastically fell by -89.39 % this year. |
| Debt to EBITDA Ratio with value of 11.64 was highest in Year Dec-22 in last Five Years. |
| Debt to EBITDA Ratio with value of 1.24 was lowest in Year Dec-23 in last Five Years. |
| Latest Debt to EBITDA Ratio with value of 1.24 is lower than Average Debt to EBITDA of 4.32 in last five years. |
Other Debt to EBITDA Related Info of TOWN that may interest you.
Towne Bank Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| TOWN | 27.19 | 27.05 | 0.518 % | Banks-Regional |
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
| No Significant Stability | |
FY - Historical Debt to EBITDA of Towne Bank
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to EBITDA | 1.24 | 11.64 | 1.45 | 3.79 | 3.50 | 5.67 | 3.73 |
| Change | -89.39 % | 703.06 % | -61.73 % | 8.31 % | -38.34 % | 52.04 % | -59.66 % |
FY Chart of Debt to EBITDA of Towne Bank
Note : All Data Generated at the End of Trading Hours (EOD Data)