Morrison (Wm) Supermarkets (Morrison (Wm) Supermarkets) Debt-to-EBITDA : 3.99 (As of Jul. 2021)

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What is Morrison (Wm) Supermarkets Debt-to-EBITDA?

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

Morrison (Wm) Supermarkets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2021 was $236 Mil. Morrison (Wm) Supermarkets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2021 was $4,381 Mil. Morrison (Wm) Supermarkets's annualized EBITDA for the quarter that ended in Jul. 2021 was $1,157 Mil. Morrison (Wm) Supermarkets's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2021 was 3.99.

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 Morrison (Wm) Supermarkets's Debt-to-EBITDA or its related term are showing as below:

MRWSF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.31 Med: 2.73 Max: 10.08
Current: 4.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of Morrison (Wm) Supermarkets was 10.08. The lowest was -8.31. And the median was 2.73.

MRWSF's Debt-to-EBITDA is not ranked
in the Retail - Defensive industry.
Industry Median: 2.68 vs MRWSF: 4.41

Morrison (Wm) Supermarkets Debt-to-EBITDA Historical Data

The historical data trend for Morrison (Wm) Supermarkets'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.

Morrison (Wm) Supermarkets Debt-to-EBITDA Chart

Morrison (Wm) Supermarkets Annual Data

Trend

Jan12

Jan13

Jan14

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Debt-to-EBITDA

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1.88

3.12

2.91

2.54

4.19

Morrison (Wm) Supermarkets Semi-Annual Data
	Jan12	Jul12	Jan13	Jul13	Jan14	Jul14	Jan15	Jul15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21
Debt-to-EBITDA	Get a 7-Day Free Trial															2.54	2.47	3.19	4.97	3.99

Competitive Comparison of Morrison (Wm) Supermarkets's Debt-to-EBITDA

For the Grocery Stores subindustry, Morrison (Wm) Supermarkets'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.

Morrison (Wm) Supermarkets's Debt-to-EBITDA Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Morrison (Wm) Supermarkets's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Morrison (Wm) Supermarkets's Debt-to-EBITDA falls into.

Morrison (Wm) Supermarkets Debt-to-EBITDA Calculation

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

Morrison (Wm) Supermarkets's Debt-to-EBITDA for the fiscal year that ended in Jan. 2021 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(171.896	+	4481.583)	/	1111.869
	=	4.19

Morrison (Wm) Supermarkets's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2021 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(236.188	+	4381.215)	/	1157.458
	=	3.99

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 (Jul. 2021) EBITDA data.

Morrison (Wm) Supermarkets (OTCPK:MRWSF) 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.

Morrison (Wm) Supermarkets Debt-to-EBITDA Related Terms

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

Morrison (Wm) Supermarkets (Morrison (Wm) Supermarkets) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Morrison (Wm) Supermarkets PLC (OTCPK:MRWSF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Gain Lane, Hilmore House, Bradford, West Yorkshire, GBR, BD3 7DL

Website

https://www.morrisons.com

Founded by William Morrison in 1899, Wm Morrison Supermarkets is the U.K.'s fourth- largest grocery chain, with a market share of around 10%. The 2004 takeover of rival Safeway transformed the firm in terms of scale and gave it a significant presence outside its base in Northern England. The company operates about 500 stores, entirely in the United Kingdom. Morrisons has an online presence via a partnership with Ocado and Amazon and has lately been trying to expand its wholesale channel with new agreements (McColl's).