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Restaurant Brands NZ (ASX:RBD) Debt-to-EBITDA : 4.63 (As of Dec. 2023)


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What is Restaurant Brands NZ Debt-to-EBITDA?

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

Restaurant Brands NZ's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$30 Mil. Restaurant Brands NZ's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$896 Mil. Restaurant Brands NZ's annualized EBITDA for the quarter that ended in Dec. 2023 was A$200 Mil. Restaurant Brands NZ's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.62.

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 Restaurant Brands NZ's Debt-to-EBITDA or its related term are showing as below:

ASX:RBD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.19   Med: 2.22   Max: 6.97
Current: 6.97

During the past 13 years, the highest Debt-to-EBITDA Ratio of Restaurant Brands NZ was 6.97. The lowest was 0.19. And the median was 2.22.

ASX:RBD's Debt-to-EBITDA is ranked worse than
77.54% of 276 companies
in the Restaurants industry
Industry Median: 2.99 vs ASX:RBD: 6.97

Restaurant Brands NZ Debt-to-EBITDA Historical Data

The historical data trend for Restaurant Brands NZ'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.

Restaurant Brands NZ Debt-to-EBITDA Chart

Restaurant Brands NZ Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 6.89 5.80 6.70 6.97

Restaurant Brands NZ Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 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 4.99 11.20 4.82 14.61 4.63

Competitive Comparison of Restaurant Brands NZ's Debt-to-EBITDA

For the Restaurants subindustry, Restaurant Brands NZ'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.


Restaurant Brands NZ's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Restaurant Brands NZ's Debt-to-EBITDA distribution charts can be found below:

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



Restaurant Brands NZ Debt-to-EBITDA Calculation

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

Restaurant Brands NZ'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
=(29.735 + 895.532) / 132.678
=6.97

Restaurant Brands NZ'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
=(29.735 + 895.532) / 200.064
=4.62

* 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.


Restaurant Brands NZ  (ASX:RBD) 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.


Restaurant Brands NZ Debt-to-EBITDA Related Terms

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


Restaurant Brands NZ (ASX:RBD) Business Description

Traded in Other Exchanges
Address
666 Great South Road, Level 3, Level 3, Building 7, Central Park, Penrose, Auckland, NTL, NZL, 1051
Restaurant Brands NZ Ltd, together with its subsidiaries, operates quick service and takeaway restaurant concepts. The company's business includes KFC and Carl's Jr. It has various brands, consisting of KFC New Zealand, KFC Australia, Taco Bell, and Carl's Jr. stores. The company has purchased approximately more than 90 KFC stores in New South Wales, Australia, and also acquired the New Zealand franchise for Carl's Jr.

Restaurant Brands NZ (ASX:RBD) Headlines

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