Flexsteel Industries Inc Debt to EBITDA Ratio 3 year CAGR is 22.22% for the Trailing 12 Months (TTM) ending March 31, 2024, a -82.19% change year over year. The debt to EBITDA ratio measures the amount of debt a company has relative to its earnings before interest, taxes, depreciation, and amortization (EBITDA). It is calculated by dividing total debt by EBITDA. This ratio helps assess a company's ability to service its debt obligations using its operating income. A higher ratio indicates a higher level of debt burden and potential financial risk. CAGR, or the Compound Annual Growth Rate, quantifies the mean annual growth rate of an investment or financial metric over a specified time span, considering the influence of compounding. It is instrumental in determining the true annualized return on an investment.