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

SCS Stock  USD 13.04  0.03  0.23%   
Steelcase Net Debt To EBITDA yearly trend continues to be comparatively stable with very little volatility. Net Debt To EBITDA will likely drop to 0.14 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
1.49495919
Current Value
0.13662702
Quarterly Volatility
0.44691699
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Steelcase financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Steelcase's main balance sheet or income statement drivers, such as Depreciation And Amortization of 76.7 M, Interest Expense of 19.3 M or Total Revenue of 3.3 B, as well as many indicators such as Price To Sales Ratio of 0.59, Dividend Yield of 0.16 or PTB Ratio of 2.23. Steelcase financial statements analysis is a perfect complement when working with Steelcase Valuation or Volatility modules.
  
Check out the analysis of Steelcase Correlation against competitors.
For more information on how to buy Steelcase Stock please use our How to Invest in Steelcase guide.

Latest Steelcase's 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 Steelcase 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). Steelcase's Net Debt To EBITDA historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Steelcase's 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
Very volatile
   Net Debt To E B I T D A   
       Timeline  

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

Arithmetic Mean1.11
Geometric Mean0.98
Coefficient Of Variation40.15
Mean Deviation0.36
Median1.06
Standard Deviation0.45
Sample Variance0.20
Range1.7895
R-Value(0.07)
Mean Square Error0.21
R-Squared0
Significance0.82
Slope(0.01)
Total Sum of Squares2.80

Steelcase Net Debt To E B I T D A History

2024 0.14
2019 1.49
2013 0.84
2011 1.06
2010 1.93

About Steelcase Financial Statements

Steelcase 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 Steelcase investors may analyze each financial statement separately, they are all interrelated. The changes in Steelcase's assets and liabilities, for example, are also reflected in the revenues and expenses on on Steelcase's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Net Debt To EBITDA 1.49  0.14 

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Additional Tools for Steelcase Stock Analysis

When running Steelcase's price analysis, check to measure Steelcase's 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 Steelcase is operating at the current time. Most of Steelcase's value examination focuses on studying past and present price action to predict the probability of Steelcase's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Steelcase's price. Additionally, you may evaluate how the addition of Steelcase to your portfolios can decrease your overall portfolio volatility.