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Clover (ASX:CLV) Debt-to-EBITDA : 27.04 (As of Jan. 2024)


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What is Clover Debt-to-EBITDA?

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

Clover's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was A$3.81 Mil. Clover's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was A$11.87 Mil. Clover's annualized EBITDA for the quarter that ended in Jan. 2024 was A$0.58 Mil. Clover's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 27.04.

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

ASX:CLV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.42   Med: 1.01   Max: 3.52
Current: 3.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of Clover was 3.52. The lowest was 0.42. And the median was 1.01.

ASX:CLV's Debt-to-EBITDA is ranked worse than
64.49% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs ASX:CLV: 3.52

Clover Debt-to-EBITDA Historical Data

The historical data trend for Clover'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.

Clover Debt-to-EBITDA Chart

Clover Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.77 1.53 1.10 1.17

Clover Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 1.95 0.80 0.98 1.41 27.04

Competitive Comparison of Clover's Debt-to-EBITDA

For the Packaged Foods subindustry, Clover'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.


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

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

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



Clover Debt-to-EBITDA Calculation

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

Clover's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.129 + 9.583) / 10.01
=1.17

Clover's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.81 + 11.872) / 0.58
=27.04

* 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 (Jan. 2024) EBITDA data.


Clover  (ASX:CLV) 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.


Clover Debt-to-EBITDA Related Terms

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


Clover (ASX:CLV) Business Description

Traded in Other Exchanges
N/A
Address
39 Pinnacle Road, Altona North, Melbourne, VIC, AUS, 3025
Clover Corp Ltd provides nutritional and functional ingredients. The company is involved in the production of encapsulated powders, and research and product development of functional food and infant nutrition ingredients. It offers Nu-Mega Hi docosahexaenoic acid tuna oils for use in infant formula and pharmaceutical products; and Ocean Gold refined tuna oils. Its products include DHA oils, DHA powders, and Microencapsulation. Geographically, the group has a business presence in Australia, New Zealand, Asia, Europe, and the Americas. Majority of the revenue is derived from Asia.