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Minerva (Minerva) Debt-to-EBITDA : 6.48 (As of Dec. 2023)


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What is Minerva Debt-to-EBITDA?

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

Minerva's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $777 Mil. Minerva's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3,629 Mil. Minerva's annualized EBITDA for the quarter that ended in Dec. 2023 was $680 Mil. Minerva's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.48.

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

MRVSY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.53   Med: 7.8   Max: 57.74
Current: 8.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of Minerva was 57.74. The lowest was -17.53. And the median was 7.80.

MRVSY's Debt-to-EBITDA is ranked worse than
88.24% of 1428 companies
in the Consumer Packaged Goods industry
Industry Median: 2.15 vs MRVSY: 8.69

Minerva Debt-to-EBITDA Historical Data

The historical data trend for Minerva'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.

Minerva Debt-to-EBITDA Chart

Minerva Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.72 5.48 6.91 6.82 8.69

Minerva Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 9.05 6.51 6.04 9.12 6.48

Competitive Comparison of Minerva's Debt-to-EBITDA

For the Farm Products subindustry, Minerva'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.


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

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

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



Minerva Debt-to-EBITDA Calculation

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

Minerva'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
=(776.569 + 3628.683) / 507.121
=8.69

Minerva'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
=(776.569 + 3628.683) / 679.988
=6.48

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Minerva  (OTCPK:MRVSY) 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.


Minerva Debt-to-EBITDA Related Terms

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


Minerva (Minerva) Business Description

Traded in Other Exchanges
Address
Avenida Antonio Manco Bernardes s/n, Chacara Minerva, Barretos, SP, BRA, 14781-545
Minerva SA produces and markets beef and other meat products out of South America. It exports processed meat products, leather, and live cattle internationally. Partnerships with ranchers are enhanced by ideas and information exchange through lectures and training. It has several different facilities to help with processing. Slaughtering and boning plants acquire the livestock and kick-start the process. A processing plant works on turning raw materials into finished products, and distribution centers are located around the globe to ensure quality and timely deliveries. International trading offices are strategically placed to help strengthen relationships in different regions.