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Nuchev (ASX:NUC) Debt-to-EBITDA : -0.04 (As of Dec. 2023)


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What is Nuchev Debt-to-EBITDA?

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

Nuchev's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.05 Mil. Nuchev's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.22 Mil. Nuchev's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-6.75 Mil. Nuchev's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.04.

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

ASX:NUC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.04   Med: -0.03   Max: -0.01
Current: -0.04

During the past 5 years, the highest Debt-to-EBITDA Ratio of Nuchev was -0.01. The lowest was -0.04. And the median was -0.03.

ASX:NUC's Debt-to-EBITDA is ranked worse than
100% of 1428 companies
in the Consumer Packaged Goods industry
Industry Median: 2.15 vs ASX:NUC: -0.04

Nuchev Debt-to-EBITDA Historical Data

The historical data trend for Nuchev'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.

Nuchev Debt-to-EBITDA Chart

Nuchev Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
N/A -0.04 -0.02 -0.01 -0.03

Nuchev Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -0.02 -0.02 -0.01 -0.04 -0.04

Competitive Comparison of Nuchev's Debt-to-EBITDA

For the Packaged Foods subindustry, Nuchev'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.


Nuchev's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nuchev's Debt-to-EBITDA distribution charts can be found below:

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



Nuchev Debt-to-EBITDA Calculation

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

Nuchev'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
=(0.048 + 0.237) / -8.539
=-0.03

Nuchev'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
=(0.047 + 0.215) / -6.752
=-0.04

* 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.


Nuchev  (ASX:NUC) 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.


Nuchev Debt-to-EBITDA Related Terms

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


Nuchev (ASX:NUC) Business Description

Traded in Other Exchanges
N/A
Address
636 St Kilda Road, Level 12, Melbourne, VIC, AUS, 3004
Nuchev Ltd is a globally-oriented food business focused on developing, marketing, and selling a range of premium Australian made goat nutritional products. Its primary products include its Oli6 branded goat infant formula and nutritional range, which are sold across multiple sales channels in Australia and China.

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