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African And Overseas Enterprises (JSE:AOVP) Debt-to-EBITDA : 4.54 (As of Jun. 2024)


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What is African And Overseas Enterprises Debt-to-EBITDA?

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

African And Overseas Enterprises's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was R57.4 Mil. African And Overseas Enterprises's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was R511.7 Mil. African And Overseas Enterprises's annualized EBITDA for the quarter that ended in Jun. 2024 was R125.3 Mil. African And Overseas Enterprises's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 4.54.

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 African And Overseas Enterprises's Debt-to-EBITDA or its related term are showing as below:

JSE:AOVP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.32   Med: 1.79   Max: 3.52
Current: 3.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of African And Overseas Enterprises was 3.52. The lowest was 0.32. And the median was 1.79.

JSE:AOVP's Debt-to-EBITDA is ranked worse than
59.18% of 855 companies
in the Retail - Cyclical industry
Industry Median: 2.77 vs JSE:AOVP: 3.29

African And Overseas Enterprises Debt-to-EBITDA Historical Data

The historical data trend for African And Overseas Enterprises'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.

African And Overseas Enterprises Debt-to-EBITDA Chart

African And Overseas Enterprises Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.52 2.25 1.79 2.00 3.29

African And Overseas Enterprises Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 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 3.00 1.63 2.31 2.39 4.54

Competitive Comparison of African And Overseas Enterprises's Debt-to-EBITDA

For the Apparel Retail subindustry, African And Overseas Enterprises'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.


African And Overseas Enterprises's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, African And Overseas Enterprises's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where African And Overseas Enterprises's Debt-to-EBITDA falls into.



African And Overseas Enterprises Debt-to-EBITDA Calculation

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

African And Overseas Enterprises'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
=(57.434 + 511.683) / 172.879
=3.29

African And Overseas Enterprises'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
=(57.434 + 511.683) / 125.256
=4.54

* 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.


African And Overseas Enterprises  (JSE:AOVP) 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.


African And Overseas Enterprises Debt-to-EBITDA Related Terms

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


African And Overseas Enterprises Business Description

Traded in Other Exchanges
Address
263 Victoria Road, Rex Trueform Office Park, Salt River, Cape Town, WC, ZAF, 7925
African And Overseas Enterprises Ltd is an investment holding company. The company operates in five segments: Retail division comprises the retailing of fashion apparel through Queenspark stores in South Africa. Property division comprises of the group's property portfolio based in Cape Town which includes both investment and owner-occupied properties.; Water infrastructure segment comprises an indirect investment made in a private water and wastewater utility group operating in the South African provinces of Mpumalanga and KwaZulu-Natal, Media and broadcasting comprises the provision of media and satellite equipment and services through Telemedia, and the Group Services division manages the corporate responsibility and includes corporate costs. The Retail Segment derives maximum revenue.

African And Overseas Enterprises Headlines

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