Mayfield Childcare (ASX:MFD) Debt-to-EBITDA : 10.54 (As of Dec. 2023)

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What is Mayfield Childcare Debt-to-EBITDA?

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

Mayfield Childcare's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$14.37 Mil. Mayfield Childcare's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$146.05 Mil. Mayfield Childcare's annualized EBITDA for the quarter that ended in Dec. 2023 was A$15.23 Mil. Mayfield Childcare's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 10.54.

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 Mayfield Childcare's Debt-to-EBITDA or its related term are showing as below:

ASX:MFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.39 Med: 3.65 Max: 13.76
Current: 12.17

During the past 8 years, the highest Debt-to-EBITDA Ratio of Mayfield Childcare was 13.76. The lowest was -5.39. And the median was 3.65.

ASX:MFD's Debt-to-EBITDA is ranked worse than
84.81% of 79 companies
in the Personal Services industry
Industry Median: 3.33 vs ASX:MFD: 12.17

Mayfield Childcare Debt-to-EBITDA Historical Data

The historical data trend for Mayfield Childcare'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.

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Mayfield Childcare Debt-to-EBITDA Chart

Mayfield Childcare Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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3.87

3.42

13.76

7.04

12.17

Mayfield Childcare Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial										12.43	7.56	6.74	13.95	10.54

Competitive Comparison of Mayfield Childcare's Debt-to-EBITDA

For the Personal Services subindustry, Mayfield Childcare'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.

Mayfield Childcare's Debt-to-EBITDA Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Mayfield Childcare's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mayfield Childcare's Debt-to-EBITDA falls into.

Mayfield Childcare Debt-to-EBITDA Calculation

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

Mayfield Childcare's Debt-to-EBITDA for the fiscal year 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
	=	(14.369	+	146.045)	/	13.184
	=	12.17

Mayfield Childcare'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
	=	(14.369	+	146.045)	/	15.226
	=	10.54

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.

Mayfield Childcare (ASX:MFD) 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.

Mayfield Childcare Debt-to-EBITDA Related Terms

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

Mayfield Childcare (ASX:MFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Mayfield Childcare Ltd (ASX:MFD) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

207-213 Waverley Road, Suite 2, Ground Floor, Malvern East, VIC, AUS, 3145

Website

https://www.mayfieldchildcare.com.au

Mayfield Childcare Ltd provides a combination of care and education services for children. The company owns long day childcare centers located in and around metropolitan Melbourne. It continues to operate in one operating segment, as a long day childcare services provider.