Experience Co (ASX:EXP) Debt-to-EBITDA : 1.87 (As of Dec. 2025) — 34% Above Median


What is Experience Co Debt-to-EBITDA?

Experience Co ASX:EXP Debt-to-EBITDA is 1.87 as of Dec. 2025, which is 34% above its 10-year median of 1.40. The stock has 9 warning signs investors should review. Among 640 Travel & Leisure companies, Experience Co ranks better than 50.31% on this metric.

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

Experience Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$7.8 Mil. Experience Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$27.9 Mil. Experience Co's annualized EBITDA for the quarter that ended in Dec. 2025 was A$19.1 Mil. Experience Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 1.86.

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

ASX:EXP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.3   Med: 1.4   Max: 5.42
Current: 2.55

During the past 11 years, the highest Debt-to-EBITDA Ratio of Experience Co was 5.42. The lowest was -4.30. And the median was 1.40.

ASX:EXP's Debt-to-EBITDA is ranked better than
50.31% of 640 companies
in the Travel & Leisure industry
Industry Median: 2.565 vs ASX:EXP: 2.55

Experience Co  (ASX:EXP) 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.


Experience Co Debt-to-EBITDA Related Terms


Experience Co Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Experience Co'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.

Experience Co Debt-to-EBITDA Chart

Experience Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.42 -4.30 3.36 4.04 2.63

Experience Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 3.09 3.85 1.77 4.28 1.87

ASX:EXP vs AS, HAS, LTH: Debt-to-EBITDA Comparison

For the Leisure subindustry, Experience Co'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.


Experience Co Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Experience Co's Debt-to-EBITDA distribution charts can be found below:

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



Experience Co Debt-to-EBITDA Calculation

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

Experience Co's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.03 + 31.007) / 14.469
=2.63

Experience Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.762 + 27.884) / 19.118
=1.86

* 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. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.87 mean?
Experience Co (ASX:EXP) has a Debt-to-EBITDA of 1.87 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Experience Co. This is 34% above median its historical median of 1.40. According to the industry distribution chart, Experience Co ranks #318 out of 640 companies in the Travel & Leisure industry, placing it in the top 49.7%.
Is Experience Co's Debt-to-EBITDA too high?
Experience Co's current Debt-to-EBITDA of 1.87 is 34% above median its 10-year median of 1.40. The Travel & Leisure industry median Debt-to-EBITDA is 2.57. Experience Co's value of 1.87 is 27.1% below this industry median. Based on the distribution chart, Experience Co ranks #318 out of 640 companies in the Travel & Leisure industry, which is above the industry midpoint.
How does Experience Co's Debt-to-EBITDA compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Experience Co ranks #318 out of 640 companies for Debt-to-EBITDA. This puts Experience Co in the upper half of its industry. The industry median Debt-to-EBITDA is 2.57. Experience Co's value of 1.87 is 27.1% below this benchmark. While the company's 10-year median is 1.40 vs. the industry median of 2.57, Experience Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.57, based on 640 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Experience Co's current Debt-to-EBITDA of 1.87 is 27.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Experience Co. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Experience Co's current Debt-to-EBITDA is 1.87, which is 34% above median its own 10-year median of 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Experience Co stock overvalued right now?
Based on GuruFocus' analysis, Experience Co (ASX:EXP) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.16, compared to a current price of A$0.09 — trading 46.9% below its estimated fair value. The current Debt-to-EBITDA is 1.87, which is 34% above median its 10-year median of 1.40 and 27.1% below the Travel & Leisure industry median of 2.57. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Experience Co (ASX:EXP), the current Debt-to-EBITDA is 1.87 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Experience Co Business Description

Address 89 York Street, Level 5, Sydney, NSW, AUS, 2000
Experience Co Ltd operates as an adventure tourism company that engages in the provision of adventure tourism and leisure experiences to the public. The firm offers sky-diving, island day trips, reef tours, rainforest tours, and multi-day experiences in Australia and New Zealand. The company segment includes Skydiving, Adventure Experiences and Corporate. The company generates the majority of its revenue from the Adventure Experiences segment. Geographically the company generates the majority from Australia.