Highway Holdings Debt-to-EBITDA Ratio Growth & History (HIHO)
Highway Holdings's debt-to-ebitda ratio was 1.65 for fiscal 2022.
View full Highway Holdings company overviewHighway Holdings annual debt-to-ebitda ratio history
2011
2012
2013
2014
2015
2016
2017
2018
2020
2022
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2022 | 2022-03-31 | 1.65 | — | — |
| 2020 | 2020-03-31 | 1.43 | — | — |
| 2018 | 2018-03-31 | 0.00 | 0.00 | — |
| 2017 | 2017-03-31 | 0.00 | 0.00 | — |
| 2016 | 2016-03-31 | 0.00 | 0.00 | — |
| 2015 | 2015-03-31 | 0.00 | 0.00 | — |
| 2014 | 2014-03-31 | 0.00 | −0.12 | — |
| 2013 | 2013-03-31 | 0.12 | −0.30 | −71.59% |
| 2012 | 2012-03-31 | 0.42 | 0.02 | +5.29% |
| 2011 | 2011-03-31 | 0.40 | — | — |
Highway Holdings debt-to-ebitda ratio trends
Over the last five fiscal years, Highway Holdings's debt-to-ebitda ratio increased from 0.00 to 1.65, a change of 1.65.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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