Bic (BICEY) Debt-to-EBITDA : 0.80 (As of Dec. 2024)

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What is Bic Debt-to-EBITDA?

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

Bic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $175 Mil. Bic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $175 Mil. Bic's annualized EBITDA for the quarter that ended in Dec. 2024 was $436 Mil. Bic's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.80.

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

BICEY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 0.22 Max: 0.79
Current: 0.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bic was 0.79. The lowest was 0.02. And the median was 0.22.

BICEY's Debt-to-EBITDA is ranked better than
70.87% of 1490 companies
in the Consumer Packaged Goods industry
Industry Median: 2.065 vs BICEY: 0.79

Bic Debt-to-EBITDA Historical Data

The historical data trend for Bic'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.

Bic Debt-to-EBITDA Chart

Bic Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-EBITDA

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0.43

0.18

0.30

0.35

0.79

Bic Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial															0.40	0.44	0.37	0.44	0.80

Competitive Comparison of Bic's Debt-to-EBITDA

For the Household & Personal Products subindustry, Bic'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.

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

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

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

Bic Debt-to-EBITDA Calculation

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

Bic's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(175.288	+	175.393)	/	441.571
	=	0.79

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

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(175.288	+	175.393)	/	436.02
	=	0.80

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. 2024) EBITDA data.

Bic (OTCPK:BICEY) 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.

Bic Debt-to-EBITDA Related Terms

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Bic Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bic (OTCPK:BICEY) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

BICEF:USA BBp:UK 0MGP:UK BB:France BIF:Germany

Address

12 Boulevard Victor Hugo, Clichy Cedex, Paris, FRA, 92110

Website

https://www.bic.com

Bic SA Bic SA manufactures and markets writing instruments lighters shavers advertising and promotional products in France and globally. The company offers its products through various channels stationery stores office supplies companies convenience stores distributors wholesalers cash and carry stores and e-commerce. Its products include BIC 3 BIC Comfort 3 BIC EasyHybrid 3blade BIC Flex range BIC Flex Hybrid range BIC Pure 3 Lady BIC Soleil and Others. By net sales, the majority of the market is in North America followed by Europe and the developing markets of the Middle East Africa Latin America, and Asia.