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Autosports Group (ASX:ASG) Debt-to-EBITDA : 4.46 (As of Dec. 2023)


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What is Autosports Group Debt-to-EBITDA?

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

Autosports Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$572 Mil. Autosports Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$388 Mil. Autosports Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$216 Mil. Autosports Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.45.

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

ASX:ASG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.21   Med: 5.09   Max: 9.39
Current: 4.94

During the past 6 years, the highest Debt-to-EBITDA Ratio of Autosports Group was 9.39. The lowest was -16.21. And the median was 5.09.

ASX:ASG's Debt-to-EBITDA is ranked worse than
77.82% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 2.33 vs ASX:ASG: 4.94

Autosports Group Debt-to-EBITDA Historical Data

The historical data trend for Autosports Group'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.

Autosports Group Debt-to-EBITDA Chart

Autosports Group Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial 9.39 -16.21 5.06 4.08 5.11

Autosports Group Semi-Annual Data
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 4.43 3.83 3.57 5.20 4.46

Competitive Comparison of Autosports Group's Debt-to-EBITDA

For the Auto & Truck Dealerships subindustry, Autosports Group'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.


Autosports Group's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Autosports Group's Debt-to-EBITDA distribution charts can be found below:

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



Autosports Group Debt-to-EBITDA Calculation

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

Autosports Group'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
=(487.298 + 415.678) / 176.579
=5.11

Autosports Group'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
=(572.143 + 388.471) / 215.64
=4.45

* 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.


Autosports Group  (ASX:ASG) 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.


Autosports Group Debt-to-EBITDA Related Terms

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


Autosports Group (ASX:ASG) Business Description

Traded in Other Exchanges
N/A
Address
565 Parramatta Road, Leichhardt, Sydney, NSW, AUS, 2040
Autosports Group Ltd operates in the retail automotive industry. The core business focuses on the sale of new and used motor vehicles, distribution of finance and insurance products on behalf of retail financiers and automotive insurers. In addition, the company is involved in the sale of aftermarket products and spare parts, motor vehicle servicing and collision repair services. It generates maximum revenue from New and demonstrator vehicles followed by Used vehicles and others. Geographically the group operates in Australia and New Zealand, where the majority revenue is generated from Australia.