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Cullinan Holdings (JSE:CULP.PFD) Debt-to-EBITDA : 0.73 (As of Sep. 2017)


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What is Cullinan Holdings Debt-to-EBITDA?

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

Cullinan Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was R0.41 Mil. Cullinan Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2017 was R45.00 Mil. Cullinan Holdings's annualized EBITDA for the quarter that ended in Sep. 2017 was R62.26 Mil. Cullinan Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2017 was 0.73.

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

JSE:CULP.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.28   Max: 1.11
Current: 0.36

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cullinan Holdings was 1.11. The lowest was 0.00. And the median was 0.28.

JSE:CULP.PFD's Debt-to-EBITDA is not ranked
in the Travel & Leisure industry.
Industry Median: 2.78 vs JSE:CULP.PFD: 0.36

Cullinan Holdings Debt-to-EBITDA Historical Data

The historical data trend for Cullinan Holdings'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.

Cullinan Holdings Debt-to-EBITDA Chart

Cullinan Holdings Annual Data
Trend Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.60 0.43 0.36

Cullinan Holdings Semi-Annual Data
Mar08 Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17
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 1.57 0.40 1.35 0.23 0.73

Competitive Comparison of Cullinan Holdings's Debt-to-EBITDA

For the Leisure subindustry, Cullinan Holdings'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.


Cullinan Holdings's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Cullinan Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Cullinan Holdings Debt-to-EBITDA Calculation

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

Cullinan Holdings's Debt-to-EBITDA for the fiscal year that ended in Sep. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.405 + 45) / 128.014
=0.35

Cullinan Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.405 + 45) / 62.26
=0.73

* 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 (Sep. 2017) EBITDA data.


Cullinan Holdings  (JSE:CULP.PFD) 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.


Cullinan Holdings Debt-to-EBITDA Related Terms

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


Cullinan Holdings (JSE:CULP.PFD) Business Description

Traded in Other Exchanges
N/A
Address
Cullinan Holdings Ltd is engaged in leisure business sector. The business of the company operates in segments that include Marine and Boating; which supplies marine and boating equipment to boat builders and wholesalers; Travel and Tourism, which provides outbound tours, inbound tours, and coaching and touring; Financial Services, which provides bridging finance primarily on property transfers, marine finance aimed at boat building; and Corporate Services, which focus on projects to support community development. The Travel and Tourism business segment generates maximum revenue for the company.

Cullinan Holdings (JSE:CULP.PFD) Headlines

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