BNED (Barnes & Noble Education) Debt-to-EBITDA : 6.06 (As of Apr. 2026)

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BNED Barnes & Noble Education Inc BNED
51 GF Score
Price $12.03
GF Value $2.40
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Barnes & Noble Education Debt-to-EBITDA?

Barnes & Noble Education BNED +0.59% 51 Debt-to-EBITDA is 6.06 as of Apr. 2026. GuruFocus rates BNED with a GF Score™ of 51/100 and a GF Value™ of $2.40 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 910 Retail - Cyclical companies, Barnes & Noble Education ranks worse than 66.7% on this metric.

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

Barnes & Noble Education's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $67 Mil. Barnes & Noble Education's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $156 Mil. Barnes & Noble Education's annualized EBITDA for the quarter that ended in Apr. 2026 was $37 Mil. Barnes & Noble Education's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 was 6.06.

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 Barnes & Noble Education's Debt-to-EBITDA or its related term are showing as below:

BNED' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -79.48   Med: -2.35   Max: 19.58
Current: 3.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Barnes & Noble Education was 19.58. The lowest was -79.48. And the median was -2.35.

BNED's Debt-to-EBITDA is ranked worse than
66.7% of 910 companies
in the Retail - Cyclical industry
Industry Median: 2.275 vs BNED: 3.50

Barnes & Noble Education  (NYSE:BNED) 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.


Barnes & Noble Education Debt-to-EBITDA Related Terms


Barnes & Noble Education Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Barnes & Noble Education'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.

Barnes & Noble Education Debt-to-EBITDA Chart

Barnes & Noble Education Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.96 -17.38 -79.48 -45.78 3.40

Barnes & Noble Education Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -9.15 -6.16 1.64 3.58 6.06

BNED vs BBW, FLWS, ONEW: Debt-to-EBITDA Comparison

For the Specialty Retail subindustry, Barnes & Noble Education'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.


Barnes & Noble Education Debt-to-EBITDA vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Barnes & Noble Education's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Barnes & Noble Education's Debt-to-EBITDA falls into.


BNED
51GF Score
Barnes & Noble Education Inc BNED
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Barnes & Noble Education Debt-to-EBITDA Calculation

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

Barnes & Noble Education's Debt-to-EBITDA for the fiscal year that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(67.05 + 156.455) / 65.716
=3.40

Barnes & Noble Education's annualized Debt-to-EBITDA for the quarter that ended in Apr. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(67.05 + 156.455) / 36.912
=6.06

* 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 four times the quarterly (Apr. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 6.06 mean?
Barnes & Noble Education (BNED) has a Debt-to-EBITDA of 6.06 as of Apr. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Barnes & Noble Education. According to the industry distribution chart, Barnes & Noble Education ranks #607 out of 910 companies in the Retail - Cyclical industry, placing it in the top 66.7%.
Is Barnes & Noble Education's Debt-to-EBITDA too high?
Barnes & Noble Education's current Debt-to-EBITDA is 6.06. The Retail - Cyclical industry median Debt-to-EBITDA is 2.28. Barnes & Noble Education's value of 6.06 is 166.4% above this industry median. Based on the distribution chart, Barnes & Noble Education ranks #607 out of 910 companies in the Retail - Cyclical industry, which is below the industry midpoint. Overall, Barnes & Noble Education has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Barnes & Noble Education's Debt-to-EBITDA compare to BBW and FLWS?
According to the Retail - Cyclical industry distribution chart, Barnes & Noble Education ranks #607 out of 910 companies for Debt-to-EBITDA. This places Barnes & Noble Education in the lower half of its industry. The industry median Debt-to-EBITDA is 2.28. Barnes & Noble Education's value of 6.06 is 166.4% above this benchmark. 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 Retail - Cyclical company?
The median Debt-to-EBITDA among Retail - Cyclical companies is 2.28, based on 910 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. Barnes & Noble Education's current Debt-to-EBITDA of 6.06 is 166.4% above 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 Barnes & Noble Education. For the Retail - Cyclical industry, the median Debt-to-EBITDA is 2.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barnes & Noble Education's current Debt-to-EBITDA is 6.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barnes & Noble Education stock overvalued right now?
Based on GuruFocus' analysis, Barnes & Noble Education (BNED) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.40, compared to a current price of $12.03 — trading 401.3% above its estimated fair value. The current Debt-to-EBITDA is 6.06 and 166.4% above the Retail - Cyclical industry median of 2.28. Barnes & Noble Education's overall GF Score™ is 51/100 with 4 warning signs to review. 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 Barnes & Noble Education (BNED), the current Debt-to-EBITDA is 6.06 as of Apr. 2026. 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.

Is Barnes & Noble Education (BNED) Overvalued in 2026?

Based on GuruFocus' analysis, Barnes & Noble Education stock appears to be overvalued. The current stock price of $12.03 is trading 401.3% above its estimated GF Value™ of $2.40. GuruFocus considers Barnes & Noble Education to be Significantly Overvalued.

Key valuation signals for BNED:

  • Debt-to-EBITDA: 6.06
  • GF Value™: $2.40 vs. price of $12.03 (401.3% above fair value)
  • GF Score™: 51/100 with 4 warning signs
  • Industry Position: 166.4% above the Retail - Cyclical median (#607 of 910)

No single metric tells the full story. See the BNED stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Barnes & Noble Education Business Description

Address 180 Park Avenue, Suite 301, Florham Park, NJ, USA, 07932
Barnes & Noble Education Inc is a contract operator of physical and virtual bookstores for college and university campuses and K-12 institutions across the United States. The company is also a textbook wholesaler and inventory management hardware and software provider. It offers course materials through physical and online bookstores, including new and used print textbooks, rental options, digital textbooks, and publisher-hosted digital courseware. Products are also offered directly to students through Textbooks.com. The majority of the company's revenue is derived from the sale of products through its bookstore locations, including virtual bookstores, and the bookstore affiliated e-commerce websites.
51GF Score

Get the complete analysis for BNED

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.03
Price
$2.40
GF Value