Comfort Net Debt To E B I T D A from 2010 to 2024

FIX Stock  USD 491.06  1.09  0.22%   
Comfort Systems Net Debt To EBITDA yearly trend continues to be fairly stable with very little volatility. Net Debt To EBITDA will likely drop to 0.09 in 2024. Net Debt To EBITDA is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). View All Fundamentals
 
Net Debt To EBITDA  
First Reported
2010-12-31
Previous Quarter
0.09859133
Current Value
0.0937
Quarterly Volatility
0.73517369
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Comfort Systems financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Comfort Systems' main balance sheet or income statement drivers, such as Depreciation And Amortization of 112.9 M, Interest Expense of 10.8 M or Selling General Administrative of 573.3 M, as well as many indicators such as Price To Sales Ratio of 1.48, Dividend Yield of 0.0039 or PTB Ratio of 6.05. Comfort financial statements analysis is a perfect complement when working with Comfort Systems Valuation or Volatility modules.
  
Check out the analysis of Comfort Systems Correlation against competitors.

Latest Comfort Systems' Net Debt To E B I T D A Growth Pattern

Below is the plot of the Net Debt To E B I T D A of Comfort Systems USA over the last few years. It is a leverage ratio that indicates a company's ability to pay off its incurred debt. It compares a company's net debt (total debt minus cash) to its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA). Comfort Systems' Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Comfort Systems' overall financial position and show how it may be relating to other accounts over time.
Net Debt To E B I T D A10 Years Trend
Pretty Stable
   Net Debt To E B I T D A   
       Timeline  

Comfort Net Debt To E B I T D A Regression Statistics

Arithmetic Mean0.31
Geometric Mean0.40
Coefficient Of Variation237.14
Mean Deviation0.57
Median0.16
Standard Deviation0.74
Sample Variance0.54
Range2.3933
R-Value0.19
Mean Square Error0.56
R-Squared0.04
Significance0.50
Slope0.03
Total Sum of Squares7.57

Comfort Net Debt To E B I T D A History

2024 0.0937
2023 0.0986
2022 0.56
2021 1.61
2020 0.65
2019 1.14
2018 0.16

About Comfort Systems Financial Statements

Comfort Systems investors use historical fundamental indicators, such as Comfort Systems' Net Debt To E B I T D A, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Comfort Systems. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Debt To EBITDA 0.10  0.09 

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Additional Tools for Comfort Stock Analysis

When running Comfort Systems' price analysis, check to measure Comfort Systems' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comfort Systems is operating at the current time. Most of Comfort Systems' value examination focuses on studying past and present price action to predict the probability of Comfort Systems' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Comfort Systems' price. Additionally, you may evaluate how the addition of Comfort Systems to your portfolios can decrease your overall portfolio volatility.