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Limoneira Co (Limoneira Co) Debt-to-EBITDA : -2.52 (As of Jan. 2024)


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What is Limoneira Co Debt-to-EBITDA?

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

Limoneira Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $2.9 Mil. Limoneira Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $53.4 Mil. Limoneira Co's annualized EBITDA for the quarter that ended in Jan. 2024 was $-22.4 Mil. Limoneira Co's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was -2.52.

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

LMNR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -20.55   Med: 5.28   Max: 24.72
Current: -20.55

During the past 13 years, the highest Debt-to-EBITDA Ratio of Limoneira Co was 24.72. The lowest was -20.55. And the median was 5.28.

LMNR's Debt-to-EBITDA is ranked worse than
100% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs LMNR: -20.55

Limoneira Co Debt-to-EBITDA Historical Data

The historical data trend for Limoneira Co'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.

Limoneira Co Debt-to-EBITDA Chart

Limoneira Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.72 -8.87 19.02 9.08 2.03

Limoneira Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 0.42 2.21 18.66 -4.24 -2.52

Competitive Comparison of Limoneira Co's Debt-to-EBITDA

For the Farm Products subindustry, Limoneira Co'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.


Limoneira Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Limoneira Co's Debt-to-EBITDA distribution charts can be found below:

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



Limoneira Co Debt-to-EBITDA Calculation

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

Limoneira Co's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.531 + 42.944) / 22.434
=2.03

Limoneira Co's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.93 + 53.444) / -22.408
=-2.52

* 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 (Jan. 2024) EBITDA data.


Limoneira Co  (NAS:LMNR) 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.


Limoneira Co Debt-to-EBITDA Related Terms

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


Limoneira Co (Limoneira Co) Business Description

Traded in Other Exchanges
Address
1141 Cummings Road, Santa Paula, CA, USA, 93060
Limoneira Co is an agribusiness company. The company's operating segments include Fresh Lemons; Lemon Packing; Avocados and Other Agribusiness. It generates maximum revenue from the Fresh Lemons segment.
Executives
Harold S Edwards director, officer: President and CEO SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Mark Palamountain officer: CFO, Treasurer & Secretary C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Scott S Slater director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Barbara Carbone director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Loza Jose De Jesus director C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Alex M Teague officer: Senior Vice President 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Donald R Rudkin director C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501
Elizabeth Mora director C/O MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Merriman John W.h. director 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Elizabeth Blanchard Chess director C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Robert M Sawyer director 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Amy Fukutomi director, officer: See Remarks C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Edgar A. Terry director C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Gordon E Kimball director, officer: Chairman 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Ronald L Michaelis director 1141 CUMMINGS ROAD, SANTA PAULA CA 93060

Limoneira Co (Limoneira Co) Headlines