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Marfrig Global Foods (Marfrig Global Foods) Debt-to-EBITDA : 4.63 (As of Dec. 2023)


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What is Marfrig Global Foods Debt-to-EBITDA?

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

Marfrig Global Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,793 Mil. Marfrig Global Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9,653 Mil. Marfrig Global Foods's annualized EBITDA for the quarter that ended in Dec. 2023 was $2,471 Mil. Marfrig Global Foods's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.63.

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 Marfrig Global Foods's Debt-to-EBITDA or its related term are showing as below:

MRRTY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -132.78   Med: 4.34   Max: 59.96
Current: 7.2

During the past 13 years, the highest Debt-to-EBITDA Ratio of Marfrig Global Foods was 59.96. The lowest was -132.78. And the median was 4.34.

MRRTY's Debt-to-EBITDA is ranked worse than
84.87% of 1428 companies
in the Consumer Packaged Goods industry
Industry Median: 2.15 vs MRRTY: 7.20

Marfrig Global Foods Debt-to-EBITDA Historical Data

The historical data trend for Marfrig Global Foods'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.

Marfrig Global Foods Debt-to-EBITDA Chart

Marfrig Global Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.33 3.34 2.55 5.61 7.38

Marfrig Global Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 16.30 11.31 -248.75 4.20 4.63

Competitive Comparison of Marfrig Global Foods's Debt-to-EBITDA

For the Packaged Foods subindustry, Marfrig Global Foods'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.


Marfrig Global Foods's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Marfrig Global Foods's Debt-to-EBITDA falls into.



Marfrig Global Foods Debt-to-EBITDA Calculation

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

Marfrig Global Foods's Debt-to-EBITDA for the fiscal year 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
=(1793.218 + 9652.982) / 1550.599
=7.38

Marfrig Global Foods'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
=(1793.218 + 9652.982) / 2471.044
=4.63

* 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 (Dec. 2023) EBITDA data.


Marfrig Global Foods  (OTCPK:MRRTY) 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.


Marfrig Global Foods Debt-to-EBITDA Related Terms

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


Marfrig Global Foods (Marfrig Global Foods) Business Description

Traded in Other Exchanges
Address
Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000
Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

Marfrig Global Foods (Marfrig Global Foods) Headlines

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