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LZB (La-Z-Boy) Debt-to-EBITDA : 1.75 (As of Jan. 2025)


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What is La-Z-Boy Debt-to-EBITDA?

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

La-Z-Boy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was $79 Mil. La-Z-Boy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2025 was $409 Mil. La-Z-Boy's annualized EBITDA for the quarter that ended in Jan. 2025 was $279 Mil. La-Z-Boy's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2025 was 1.75.

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 La-Z-Boy's Debt-to-EBITDA or its related term are showing as below:

LZB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.68   Max: 1.9
Current: 1.64

During the past 13 years, the highest Debt-to-EBITDA Ratio of La-Z-Boy was 1.90. The lowest was 0.00. And the median was 0.68.

LZB's Debt-to-EBITDA is ranked better than
54.28% of 339 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.84 vs LZB: 1.64

La-Z-Boy Debt-to-EBITDA Historical Data

The historical data trend for La-Z-Boy'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.

La-Z-Boy Debt-to-EBITDA Chart

La-Z-Boy Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.90 1.48 1.35 1.38 1.66

La-Z-Boy Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 1.86 1.40 1.70 1.72 1.75

Competitive Comparison of La-Z-Boy's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, La-Z-Boy'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.


La-Z-Boy's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

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

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


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La-Z-Boy Debt-to-EBITDA Calculation

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

La-Z-Boy's Debt-to-EBITDA for the fiscal year that ended in Apr. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(77.027 + 404.724) / 290.892
=1.66

La-Z-Boy's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(79.224 + 408.972) / 279.24
=1.75

* 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. 2025) EBITDA data.


La-Z-Boy  (NYSE:LZB) 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.


La-Z-Boy Debt-to-EBITDA Related Terms

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


La-Z-Boy Business Description

Traded in Other Exchanges
Address
One La-Z-Boy Drive, Monroe, MI, USA, 48162-5138
La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's reportable segments include the Wholesale segment, which manufactures and imports upholstered furniture; and Retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its Wholesale segment.
Executives
Janet Kerr director 50 CASTILIAN DR, GOLETA CA 93117
Jennifer Lynn Mccurry officer: Chief Accounting Officer ONE LA-Z-BOY DRIVE, MONROE MI 48162
Michael Adam Leggett officer: Sr VP & Chief Supply Chain Off 1 LA-Z-BOY DRIVE, MONROE MI 48162
Raza Syed Haider director ONE LA-Z-BOY DRIVE, MONROE MI 48162
Rebecca M Reeder officer: Pres., Retail LZB Furn. Gall. 1 LA-Z-BOY DRIVE, MONROE MI 48162
Mark Stephen Lavigne director 533 MARYVILLE UNIVERSITY DRIVE, ST. LOUIS MO 63141
Katherine E. Vanderjagt officer: VP & Chief HR Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162
Carol Young Lee officer: VP & Chief Information Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162
Bryan Keith Wilson officer: President Int'l & Joybird 6 BELL STREET, MAIDENHEAD, BERKS X0 SL6 1BU
Terrence James Linz officer: President, La-Z-Boy Retail 1 LA-Z-BOY DRIVE, MONROE MI 48162
Robert Ii Sundy officer: SVP & Chief Commercial Officer 1 LA-Z-BOY DRIVE, MONROE MI 48162
Kurt L Darrow director, officer: Chairman, President & CEO ONE LA-Z-BOY DRIVE, MONROE MI 48162
Erika L. Alexander director 10400 FERNWOOD RD., BETHESDA MD 20817
Otis S Sawyer officer: Senior Vice President ONE LA-Z-BOY DRIVE, MONROE MI 48162
Raphaell Z. Richmond officer: VP, GC & Chief Compliance Off ONE LA-Z-BOY DRIVE, MONROE MI 48162