GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » York Timber Holdings Ltd (JSE:YRK) » Definitions » Debt-to-EBITDA

York Timber Holdings (JSE:YRK) Debt-to-EBITDA : 1.75 (As of Dec. 2023)


View and export this data going back to 1946. Start your Free Trial

What is York Timber Holdings Debt-to-EBITDA?

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

York Timber Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R251 Mil. York Timber Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R163 Mil. York Timber Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was R238 Mil. York Timber Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.74.

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

JSE:YRK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.42   Med: 1.81   Max: 3.47
Current: -1.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of York Timber Holdings was 3.47. The lowest was -4.42. And the median was 1.81.

JSE:YRK's Debt-to-EBITDA is ranked worse than
100% of 223 companies
in the Forest Products industry
Industry Median: 3.38 vs JSE:YRK: -1.41

York Timber Holdings Debt-to-EBITDA Historical Data

The historical data trend for York Timber 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.

York Timber Holdings Debt-to-EBITDA Chart

York Timber Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.43 -4.42 1.62 1.23 -1.57

York Timber Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 Premium Member Only Premium Member Only Premium Member Only 1.57 1.07 1.52 -0.51 1.75

Competitive Comparison of York Timber Holdings's Debt-to-EBITDA

For the Lumber & Wood Production subindustry, York Timber 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.


York Timber Holdings's Debt-to-EBITDA Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, York Timber Holdings's Debt-to-EBITDA distribution charts can be found below:

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



York Timber Holdings Debt-to-EBITDA Calculation

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

York Timber Holdings's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(164.538 + 259.3) / -269.83
=-1.57

York Timber Holdings'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
=(251.402 + 163.109) / 237.592
=1.74

* 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 (Dec. 2023) EBITDA data.


York Timber Holdings  (JSE:YRK) 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.


York Timber Holdings Debt-to-EBITDA Related Terms

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


York Timber Holdings (JSE:YRK) Business Description

Traded in Other Exchanges
N/A
Address
3 Main Road, York Corporate Office, P.O. Box 1191, Sabie, MP, ZAF, 1260
York Timber Holdings Ltd is an integrated forestry company. The company's operating segment includes Processing plants; Wholesale, Forestry and Fleet and Agriculture. It generates maximum revenue from the Processing plants segment. The processing plants segment is divided into two divisions namely Sawmilling and Plywood. Geographically, it derives a majority of revenue from South Africa and also has a presence in the Southern Africa Development Community (SADC) and the United Kingdom, Belgium, China, and the United States of America.

York Timber Holdings (JSE:YRK) Headlines

No Headlines