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Maple Leaf Foods (TSX:MFI) Debt-to-EBITDA : 2.71 (As of Dec. 2024)


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What is Maple Leaf Foods Debt-to-EBITDA?

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

Maple Leaf Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$341 Mil. Maple Leaf Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$1,538 Mil. Maple Leaf Foods's annualized EBITDA for the quarter that ended in Dec. 2024 was C$693 Mil. Maple Leaf Foods's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 2.71.

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

TSX:MFI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -138.63   Med: 2.09   Max: 7.79
Current: 3.35

During the past 13 years, the highest Debt-to-EBITDA Ratio of Maple Leaf Foods was 7.79. The lowest was -138.63. And the median was 2.09.

TSX:MFI's Debt-to-EBITDA is ranked worse than
65.56% of 1501 companies
in the Consumer Packaged Goods industry
Industry Median: 2.02 vs TSX:MFI: 3.35

Maple Leaf Foods Debt-to-EBITDA Historical Data

The historical data trend for Maple Leaf 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.

Maple Leaf Foods Debt-to-EBITDA Chart

Maple Leaf Foods Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.60 3.89 -138.63 7.79 3.35

Maple Leaf Foods Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.44 2.95 7.06 3.65 2.71

Competitive Comparison of Maple Leaf Foods's Debt-to-EBITDA

For the Packaged Foods subindustry, Maple Leaf 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.


Maple Leaf Foods's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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


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Maple Leaf Foods Debt-to-EBITDA Calculation

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

Maple Leaf Foods's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(341.378 + 1538.371) / 561.193
=3.35

Maple Leaf Foods's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(341.378 + 1538.371) / 692.812
=2.71

* 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. 2024) EBITDA data.


Maple Leaf Foods  (TSX:MFI) 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.


Maple Leaf Foods Debt-to-EBITDA Related Terms

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


Maple Leaf Foods Business Description

Traded in Other Exchanges
Address
6985 Financial Drive, Corporate Secretary'S Department, Mississauga, ON, CAN, L5N 0A1
Maple Leaf Foods Inc is a protein company that responsibly produces food products under leading brands including Maple Leaf, Maple Leaf Prime, Maple Leaf Natural Selections, Schneiders, Mina, Greenfield Natural Meat Co., Lightlife and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-to-serve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China.
Executives
Olajumoke Fagbemi Senior Officer
Thomas Patrick Hayes Director
Andrew Gordon Macdonald Director
Linda Mantia Director
Jonathan Wallace Ferguson Mccain Director
Jonathan David Sawatzky Senior Officer
Iain William Stewart Senior Officer
Robert Scott Lorimer Senior Officer
William Elias Aziz Director
Michael Ross Rawle Senior Officer
Katherine Newell Lemon Director
Andreas Liris Senior Officer
Suzanne Hathaway Senior Officer
Adam John Grogan Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Randall Huffman Senior Officer