Birkenstock Holding (STU:7PV) Debt-to-EBITDA : 2.40 (As of Mar. 2024)

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What is Birkenstock Holding Debt-to-EBITDA?

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

Birkenstock Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €63 Mil. Birkenstock Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1,438 Mil. Birkenstock Holding's annualized EBITDA for the quarter that ended in Mar. 2024 was €627 Mil. Birkenstock Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.40.

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

STU:7PV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.61 Med: 6.93 Max: 65.88
Current: 3.61

During the past 4 years, the highest Debt-to-EBITDA Ratio of Birkenstock Holding was 65.88. The lowest was 3.61. And the median was 6.93.

STU:7PV's Debt-to-EBITDA is ranked worse than
58.31% of 818 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.8 vs STU:7PV: 3.61

Birkenstock Holding Debt-to-EBITDA Historical Data

The historical data trend for Birkenstock Holding'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.

Birkenstock Holding Debt-to-EBITDA Chart

Birkenstock Holding Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Debt-to-EBITDA

65.88

8.35

5.03

5.50

Birkenstock Holding Quarterly Data
	Sep20	Sep21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial						4.02	3.51	7.87	6.26	2.40

Competitive Comparison of Birkenstock Holding's Debt-to-EBITDA

For the Footwear & Accessories subindustry, Birkenstock Holding'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.

Birkenstock Holding's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Birkenstock Holding's Debt-to-EBITDA distribution charts can be found below:

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

Birkenstock Holding Debt-to-EBITDA Calculation

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

Birkenstock Holding's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(64.352	+	1918.743)	/	360.35
	=	5.50

Birkenstock Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(63.241	+	1437.966)	/	626.592
	=	2.40

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 (Mar. 2024) EBITDA data.

Birkenstock Holding (STU:7PV) 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.

Birkenstock Holding Debt-to-EBITDA Related Terms

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

Birkenstock Holding (STU:7PV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Birkenstock Holding PLC (STU:7PV) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

BIRK:USA 7PV:Germany 7PV:Germany

Address

1-2 Berkeley Square, London, GBR, W1J 6EA

Website

https://www.birkenstock-holding.com

Birkenstock Holding PLC is a company that manufactures and sells footbed-based products, including sandals, closed-toe silhouettes, and other products, such as skincare and accessories, for everyday, leisure, and work. The company operates in four operating segments based on its regional hubs: Americas, Europe and APMA (Asia Pacific, Middle East and Africa). The company sells its products through two main channels: business-to-business (B2B) and direct-to-consumer (DTC).

Birkenstock Holding (STU:7PV) Headlines

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