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Emerald Holding (STU:EM7) Debt-to-EBITDA : 3.08 (As of Mar. 2024)


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What is Emerald Holding Debt-to-EBITDA?

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

Emerald Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €7.5 Mil. Emerald Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €374.2 Mil. Emerald Holding's annualized EBITDA for the quarter that ended in Mar. 2024 was €124.0 Mil. Emerald Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.08.

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

STU:EM7' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -30.55   Med: 4.87   Max: 20.34
Current: 4.73

During the past 10 years, the highest Debt-to-EBITDA Ratio of Emerald Holding was 20.34. The lowest was -30.55. And the median was 4.87.

STU:EM7's Debt-to-EBITDA is ranked worse than
76.81% of 664 companies
in the Media - Diversified industry
Industry Median: 1.69 vs STU:EM7: 4.73

Emerald Holding Debt-to-EBITDA Historical Data

The historical data trend for Emerald 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.

Emerald Holding Debt-to-EBITDA Chart

Emerald Holding 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 20.34 -0.87 -30.55 1.77 4.87

Emerald Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.42 8.86 11.22 3.15 3.08

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

For the Advertising Agencies subindustry, Emerald 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.


Emerald Holding's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Emerald Holding's Debt-to-EBITDA distribution charts can be found below:

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



Emerald Holding Debt-to-EBITDA Calculation

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

Emerald Holding'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
=(7.519 + 373.769) / 78.312
=4.87

Emerald 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
=(7.544 + 374.164) / 124.016
=3.08

* 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 (Mar. 2024) EBITDA data.


Emerald Holding  (STU:EM7) 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.


Emerald Holding Debt-to-EBITDA Related Terms

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


Emerald Holding (STU:EM7) Business Description

Traded in Other Exchanges
Address
100 Broadway, 14th Floor, New York, NY, USA, 10005
Emerald Holding Inc is an operator of B2B trade shows in the United States by NSF. It operates trade shows, which serve a large and broad set of global exhibitors and attendees, across multiple attractive, fragmented sectors that represent significant portions of the U.S. economy. The company operates trade shows in several broadly-defined industry sectors namely, Gift, Home and General Merchandise, Sports Design and Construction, Technology, Jewelry, Other Trade Shows, Other Events, and Other Marketing Services amongst other. It operates in three segments: Commerce; Design, Creative, and Technology; and All others.

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