Luxfer Net Debt To E B I T D A from 2010 to 2024
| LXFR Stock | USD 14.22 0.24 1.72% |
Net Debt To EBITDA | First Reported 2010-12-31 | Previous Quarter 9.6344086 | Current Value 10.12 | Quarterly Volatility 3.06326179 |
Check Luxfer Holdings financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Luxfer Holdings' main balance sheet or income statement drivers, such as Depreciation And Amortization of 9 M, Interest Expense of 5.8 M or Selling General Administrative of 51.4 M, as well as many indicators such as Price To Sales Ratio of 0.56, Dividend Yield of 0.0611 or PTB Ratio of 1.07. Luxfer financial statements analysis is a perfect complement when working with Luxfer Holdings Valuation or Volatility modules.
Luxfer | Net Debt To E B I T D A |
Latest Luxfer Holdings' 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 Luxfer Holdings PLC 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). Luxfer Holdings' Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Luxfer Holdings' overall financial position and show how it may be relating to other accounts over time.
| Net Debt To E B I T D A | 10 Years Trend |
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Net Debt To E B I T D A |
| Timeline |
Luxfer Net Debt To E B I T D A Regression Statistics
| Arithmetic Mean | 2.48 | |
| Geometric Mean | 1.55 | |
| Coefficient Of Variation | 123.60 | |
| Mean Deviation | 1.99 | |
| Median | 1.36 | |
| Standard Deviation | 3.06 | |
| Sample Variance | 9.38 | |
| Range | 9.8416 | |
| R-Value | 0.54 | |
| Mean Square Error | 7.14 | |
| R-Squared | 0.29 | |
| Significance | 0.04 | |
| Slope | 0.37 | |
| Total Sum of Squares | 131.37 |
Luxfer Net Debt To E B I T D A History
About Luxfer Holdings Financial Statements
Luxfer Holdings shareholders use historical fundamental indicators, such as Net Debt To E B I T D A, to determine how well the company is positioned to perform in the future. Although Luxfer Holdings investors may analyze each financial statement separately, they are all interrelated. The changes in Luxfer Holdings' assets and liabilities, for example, are also reflected in the revenues and expenses on on Luxfer Holdings' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Net Debt To EBITDA | 9.63 | 10.12 |
Pair Trading with Luxfer Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Luxfer Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Luxfer Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with Luxfer Stock
Moving against Luxfer Stock
| 0.88 | CVV | CVD Equipment | PairCorr |
| 0.83 | RR | Richtech Robotics Class | PairCorr |
| 0.47 | AOS | Smith AO | PairCorr |
| 0.43 | CYD | China Yuchai Interna | PairCorr |
The ability to find closely correlated positions to Luxfer Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Luxfer Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Luxfer Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Luxfer Holdings PLC to buy it.
The correlation of Luxfer Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Luxfer Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Luxfer Holdings PLC moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Luxfer Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Luxfer Stock Analysis
When running Luxfer Holdings' price analysis, check to measure Luxfer Holdings' 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 Luxfer Holdings is operating at the current time. Most of Luxfer Holdings' value examination focuses on studying past and present price action to predict the probability of Luxfer Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Luxfer Holdings' price. Additionally, you may evaluate how the addition of Luxfer Holdings to your portfolios can decrease your overall portfolio volatility.