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EBITDA less CapEx Interest Coverage Ratio for TD Synnex Corp

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SNX: TD Synnex Corp

TD SYNNEX Corporation operates as a distributor and solutions aggregator for the information technology (IT) ecosystem. It offers endpoint solutions, including personal computing devices and periphera...

104.20 USD
Price
USD
Fair Value
Upside
92.23 - 145.10
52-week range

Analysis

Fiscal Years
Trailing Twelve Months
Fiscal Halfs
Fiscal Quarters
Daily
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The following section summarizes insights on TD Synnex Corp's EBITDA less CapEx Interest Coverage Ratio:

Nov 2016Nov 2018Nov 2020Nov 2022Nov 20240.0x5.0x10.0x15.0x20.0x

Performance Summary
  • TD Synnex's latest twelve months ebitda less capex interest coverage ratio is 5.3x
  • Looking back at the last 5 years, TD Synnex's ebitda less capex interest coverage ratio peaked in November 2020 at 5.2x.
  • TD Synnex's ebitda less capex interest coverage ratio hit its 5-year low in November 2020 of 5.2x.
  • TD Synnex's ebitda less capex interest coverage ratio decreased in 2020 (5.2x, -16.4%), 2023 (6.1x, -35.0%), and 2024 (5.7x, -6.7%).

How does TD Synnex's EBITDA less CapEx Interest Coverage Ratio benchmark against competitors?

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We've identified the following companies as similar to TD Synnex Corp because they operate in a related industry or sector. We also considered size, growth, and various financial metrics to narrow down the list to the ones listed below.

Metric Usage: EBITDA less CapEx Interest Coverage Ratio

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interest_coverage_ebitda_capex
Slug
number
Datatype
text
Format
current
Default Period
FY, Q, LTM, YTD
Periods Supported
Free
Plan

To view the full list of supported financial metrics please see Complete Metrics Listing.

Similar Metrics

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Metrics similar to EBITDA less CapEx Interest Coverage Ratio in the risk category include:

  • Debt / Tangible Equity - A ratio that measures the level of the debt relative to the book value of tangible common equity.
  • Debt / Equity, Adjusted - A ratio that measures the level of the debt relative to the book value of common equity plus the absolute value of treasury stock.
  • FCF / Net Income - This data item measures the ratio of levered free cash flow to net income to common, excluding extra items. It is a quick and helpful check on the quality of earnings.
  • Quick Ratio - A ratio used to assess a company's short-term liquidity.
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EBITDA less CapEx Interest Coverage Ratio

A ratio used to assess a firm's ability to pay interest expenses based on EBITDA less Capital Expenditures.

Definition of EBITDA less CapEx Interest Coverage Ratio

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EBITDA less CapEx Interest Coverage Ratio is defined as:

Interest Coverage = (EBITDA - Capital Expenditures) / Interest Expense

The ratio is used to assess a firm’s ability to pay interest expenses based on EBITDA after accounting for capital expenditures.


Click the link below to download a spreadsheet with an example EBITDA less CapEx Interest Coverage Ratio calculation for TD Synnex Corp below:

Sector Benchmark Analysis

Sector
Industry Group
Industry
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-349.9x50.1x450.1x1,113.5x0200400600800

The chart above depicts the distribution of ebitda less capex interest coverage ratio for companies operating in the Information Technology sector in the Developed economic region. Over 2,090 companies were considered in this analysis, and 2,013 had meaningful values. The average ebitda less capex interest coverage ratio of companies in the sector is 29.0x with a standard deviation of 130.4x.

TD Synnex Corp's EBITDA less CapEx Interest Coverage Ratio of 5.3x ranks in the 57.9% percentile for the sector. The following table provides additional summary stats:

EBITDA less CapEx Interest Coverage Ratio In The Information Technology Sector
Economic Risk RegionDeveloped
Total Constituents2,097
Included Constituents2,013
Min-360.3x
Max1,093.5x
Median2.3x
Mean29.0x
Standard Deviation130.4x

You can find companies with similar ebitda less capex interest coverage ratio using this stock screener.

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