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Seafarms Group (ASX:SFG) Debt-to-EBITDA : -0.40 (As of Jun. 2024)


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What is Seafarms Group Debt-to-EBITDA?

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

Seafarms Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$8.73 Mil. Seafarms Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$1.17 Mil. Seafarms Group's annualized EBITDA for the quarter that ended in Jun. 2024 was A$-24.93 Mil. Seafarms Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.40.

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

ASX:SFG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.96   Med: -1.01   Max: -0.04
Current: -0.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Seafarms Group was -0.04. The lowest was -2.96. And the median was -1.01.

ASX:SFG's Debt-to-EBITDA is ranked worse than
100% of 1497 companies
in the Consumer Packaged Goods industry
Industry Median: 2.05 vs ASX:SFG: -0.58

Seafarms Group Debt-to-EBITDA Historical Data

The historical data trend for Seafarms 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.

Seafarms Group Debt-to-EBITDA Chart

Seafarms Group Annual Data
Trend Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.17 -2.96 -0.04 -0.31 -0.58

Seafarms Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -0.03 -0.14 -1.27 -0.42 -0.40

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

For the Farm Products subindustry, Seafarms 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.


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

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

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



Seafarms Group Debt-to-EBITDA Calculation

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

Seafarms Group's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.734 + 1.174) / -17.001
=-0.58

Seafarms Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.734 + 1.174) / -24.93
=-0.40

* 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 (Jun. 2024) EBITDA data.


Seafarms Group  (ASX:SFG) 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.


Seafarms Group Debt-to-EBITDA Related Terms

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


Seafarms Group Business Description

Traded in Other Exchanges
N/A
Address
66 Smith Street, Level 6, Darwin, NT, AUS, 0800
Seafarms Group Ltd is an Australian agri-food company engaged in providing production platforms for producing high-quality seafood. The company's operating segment include Aquaculture and others. It generates maximum revenue from the Aquaculture segment. The company's project includes Sea Dragon and operates a black tiger and banana prawn aquaculture business located in North Queensland. Its product profile includes crystal bay prawns and crystal bay tigers.

Seafarms Group Headlines

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