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RIDYF (Ridley) Debt-to-EBITDA : 1.12 (As of Jun. 2024)


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What is Ridley Debt-to-EBITDA?

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

Ridley's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $3.4 Mil. Ridley's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $61.9 Mil. Ridley's annualized EBITDA for the quarter that ended in Jun. 2024 was $58.4 Mil. Ridley's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 1.12.

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

RIDYF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.56   Med: 1.28   Max: 12.74
Current: 1.09

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ridley was 12.74. The lowest was 0.56. And the median was 1.28.

RIDYF's Debt-to-EBITDA is ranked better than
65.28% of 1492 companies
in the Consumer Packaged Goods industry
Industry Median: 2.045 vs RIDYF: 1.09

Ridley Debt-to-EBITDA Historical Data

The historical data trend for Ridley'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.

Ridley Debt-to-EBITDA Chart

Ridley Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.74 1.79 0.56 0.92 1.09

Ridley Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.60 0.73 0.92 1.01 1.12

Competitive Comparison of Ridley's Debt-to-EBITDA

For the Packaged Foods subindustry, Ridley'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.


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

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

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



Ridley Debt-to-EBITDA Calculation

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

Ridley's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.381 + 61.887) / 60.128
=1.09

Ridley's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.381 + 61.887) / 58.396
=1.12

* 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 (Jun. 2024) EBITDA data.


Ridley  (OTCPK:RIDYF) 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.


Ridley Debt-to-EBITDA Related Terms

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


Ridley Business Description

Traded in Other Exchanges
Address
525 Collins Street, Level 9, South Tower Rialto, Melbourne, VIC, AUS, 3000
Ridley Corp Ltd engages in the production and marketing of stock feed and animal feed supplements. The company's operating segments include Bulk Stockfeeds and Packaged Feeds and Ingredients. The Bulk Stockfeeds segment comprises the Group's animal nutrition stockfeed solutions delivered in bulk. This includes monogastric and ruminant feeds, such as pellets, meals, concentrates, and premixes for poultry, pigs, dairy cattle, beef cattle, and sheep. Packaged Feeds and Ingredients segment comprises the Group's animal nutrition feed and ingredient solutions delivered in packaged form. This includes bagged poultry, dairy, dog, horse, and lifestyle animal feeds, as well as block and loose lick supplements; and aquafeed. It generates the majority of its revenue from the Bulk Stockfeeds segment.

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