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Coast Entertainment Holdings (Coast Entertainment Holdings) Debt-to-EBITDA : -0.44 (As of Dec. 2023)


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What is Coast Entertainment Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Coast Entertainment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.18 Mil. Coast Entertainment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.53 Mil. Coast Entertainment Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $-1.61 Mil. Coast Entertainment Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.44.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Coast Entertainment Holdings's Debt-to-EBITDA or its related term are showing as below:

ARDLF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -67.95   Med: 1.09   Max: 18.95
Current: -0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Coast Entertainment Holdings was 18.95. The lowest was -67.95. And the median was 1.09.

ARDLF's Debt-to-EBITDA is ranked worse than
100% of 625 companies
in the Travel & Leisure industry
Industry Median: 2.78 vs ARDLF: -0.03

Coast Entertainment Holdings Debt-to-EBITDA Historical Data

The historical data trend for Coast Entertainment Holdings's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Coast Entertainment Holdings Debt-to-EBITDA Chart

Coast Entertainment Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.40 -67.95 18.95 -0.83 -17.52

Coast Entertainment Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.39 -0.52 0.01 -0.01 -0.44

Competitive Comparison of Coast Entertainment Holdings's Debt-to-EBITDA

For the Leisure subindustry, Coast Entertainment Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Coast Entertainment Holdings's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Coast Entertainment Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Coast Entertainment Holdings's Debt-to-EBITDA falls into.



Coast Entertainment Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Coast Entertainment Holdings's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.136 + 0.267) / -0.023
=-17.52

Coast Entertainment Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.184 + 0.528) / -1.606
=-0.44

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is two times the quarterly (Dec. 2023) EBITDA data.


Coast Entertainment Holdings  (OTCPK:ARDLF) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Coast Entertainment Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Coast Entertainment Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Coast Entertainment Holdings (Coast Entertainment Holdings) Business Description

Traded in Other Exchanges
Address
83 Mount Street, Suite 601, Level 6, North Sydney, Sydney, NSW, AUS, 2060
Ardent Leisure is an owner and operator of leisure assets. Its theme park businesses are situated in Australia, including Dreamworld and WhiteWater World on the Gold Coast. The sale of Main Event in the U.S., completed in June 2022, was executed at a good price, and the proceeds led to a healthy distribution to shareholders. It leaves the group with just the theme parks unit.

Coast Entertainment Holdings (Coast Entertainment Holdings) Headlines

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