My Food Bag Group (ASX:MFB) Debt-to-EBITDA : 2.72 (As of Sep. 2023)

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What is My Food Bag Group Debt-to-EBITDA?

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

My Food Bag Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$3.7 Mil. My Food Bag Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$19.1 Mil. My Food Bag Group's annualized EBITDA for the quarter that ended in Sep. 2023 was A$8.4 Mil. My Food Bag Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.72.

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

ASX:MFB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.32 Med: 1.5 Max: 3.01
Current: 3.01

During the past 3 years, the highest Debt-to-EBITDA Ratio of My Food Bag Group was 3.01. The lowest was 0.32. And the median was 1.50.

ASX:MFB's Debt-to-EBITDA is ranked worse than
54.22% of 841 companies
in the Retail - Cyclical industry
Industry Median: 2.67 vs ASX:MFB: 3.01

My Food Bag Group Debt-to-EBITDA Historical Data

The historical data trend for My Food Bag 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.

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My Food Bag Group Debt-to-EBITDA Chart

My Food Bag Group Annual Data

Trend

Mar21

Mar22

Mar23

Debt-to-EBITDA

1.68

0.32

1.50

My Food Bag Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			0.53	0.36	0.34	3.72	2.72

Competitive Comparison of My Food Bag Group's Debt-to-EBITDA

For the Internet Retail subindustry, My Food Bag 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.

My Food Bag Group's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, My Food Bag Group's Debt-to-EBITDA distribution charts can be found below:

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

My Food Bag Group Debt-to-EBITDA Calculation

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

My Food Bag Group's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(6.072	+	19.308)	/	16.962
	=	1.50

My Food Bag Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3.678	+	19.095)	/	8.36
	=	2.72

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 (Sep. 2023) EBITDA data.

My Food Bag Group (ASX:MFB) 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.

My Food Bag Group Debt-to-EBITDA Related Terms

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

My Food Bag Group (ASX:MFB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » My Food Bag Group Ltd (ASX:MFB) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

MFB:New Zealand

Address

56 Parnell Road, Level 3, Parnell, Auckland, NTL, NZL, 1052

Website

https://www.myfoodbag.co.nz

My Food Bag Group Ltd operates in the fast-growing online food delivery market in New Zealand. It delivers bags full of fresh and locally sourced ingredients along with easy-to-follow recipes direct to families across New Zealand. The company drives revenue primarily by the volume of bags delivered to customers and the average order value of bags delivered.

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