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Traeger (Traeger) Debt-to-EBITDA : -126.85 (As of Dec. 2023)


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What is Traeger Debt-to-EBITDA?

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

Traeger's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $32.3 Mil. Traeger's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $426.4 Mil. Traeger's annualized EBITDA for the quarter that ended in Dec. 2023 was $-3.6 Mil. Traeger's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -126.85.

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

COOK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -26.07   Med: 4.1   Max: 69.09
Current: 69.09

During the past 5 years, the highest Debt-to-EBITDA Ratio of Traeger was 69.09. The lowest was -26.07. And the median was 4.10.

COOK's Debt-to-EBITDA is ranked worse than
99.7% of 335 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.87 vs COOK: 69.09

Traeger Debt-to-EBITDA Historical Data

The historical data trend for Traeger'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.

Traeger Debt-to-EBITDA Chart

Traeger Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
9.12 4.10 -26.07 -1.67 69.09

Traeger Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -23.65 10.69 -14.91 30.63 -126.85

Competitive Comparison of Traeger's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Traeger'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.


Traeger's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Traeger's Debt-to-EBITDA distribution charts can be found below:

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



Traeger Debt-to-EBITDA Calculation

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

Traeger's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(32.258 + 426.442) / 6.639
=69.09

Traeger's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(32.258 + 426.442) / -3.616
=-126.85

* 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 (Dec. 2023) EBITDA data.


Traeger  (NYSE:COOK) 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.


Traeger Debt-to-EBITDA Related Terms

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


Traeger (Traeger) Business Description

Traded in Other Exchanges
N/A
Address
1215 E Wilmington Avenue, Suite 200, Salt Lake City, UT, USA, 84106
Traeger Inc designs, sources, sells, and supports wood pellet fueled barbeque grills sold to retailers, distributors, and direct to consumers. It produces and sells the pellets used to fire the grills and also sells Traeger-branded rubs, spices, and sauces, as well as grill accessories including covers, barbeque tools, trays, liners, and merchandise. The company's geographical segments include North America and the Rest of the world, of which majority of revenue is from North America.
Executives
Hardy James H Jr officer: Chief Supply Chain Officer C/O TRAEGER, 1215 E. WILMINGTON AVENUE, SUITE 200, SALT LAKE CITY UT 84106
Dominic Blosil officer: Chief Financial Officer C/O TAEGER, 1215 E WILMINGTON AVENUE, SUITE 200, SALT LAKE CITY UT 84106
Jeremy Andrus director, officer: Chief Executive Officer C/O TRAEGER, 1215 E. WILMINGTON AVENUE, SUITE 200, SALT LAKE CITY UT 84106
Steven Philip Richman director C/O TRAEGER INC., 1215 E WILMINGTON AVE, SUITE 200, SALT LAKE CITY UT 84106
Ontario Teachers Pension Plan Board 10 percent owner 5650 YONGE STREET, TORONTO A6 M2M 4H5
Trilantic Capital Management L.p. 10 percent owner, other: See Remarks 399 PARK AVENUE, 39TH FLOOR, NEW YORK NY 10022
Wendy A. Beck director C/O NORWEGIAN CRUISE LINE HOLDINGS LTD., 7665 CORPORATE CENTER DRIVE, MIAMI FL 33126
Elizabeth Cahill Lempres director TWO COMMERCE SQUARE, 2001 MARKET STREET, SUITE 3600, PHILADELPHIA PA 19103
Wayne Marino director C/O TRAEGER, INC., 1215 E WILMINGTON AVE., SUITE 200, SALT LAKE CITY UT 84106
Aea Investors Fund Vi Lp 10 percent owner 666 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10103
Ralph Alvarez director ELI LILLY AND COMPANY, LILLY CORPORATE CENTER, INDIANAPOLIS IN 46285
Aea Investors Executive Partners Vi Llc 10 percent owner 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Aea Investors Partners Vi Lp 10 percent owner 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022
Aea Investors Executive Fund Vi Lp 10 percent owner 666 FIFTH AVENUE, 36TH FLOOR, NEW YORK NY 10103
Aea Fund Vi Stockholder Representative Corp. 10 percent owner 520 MADISON AVENUE, 40TH FLOOR, NEW YORK NY 10022