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ForFarmers NV (XAMS:FFARM) Debt-to-EBITDA : 1.46 (As of Dec. 2023)


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What is ForFarmers NV Debt-to-EBITDA?

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

ForFarmers NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €17 Mil. ForFarmers NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €92 Mil. ForFarmers NV's annualized EBITDA for the quarter that ended in Dec. 2023 was €74 Mil. ForFarmers NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.46.

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

XAMS:FFARM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.56   Med: 1.06   Max: 2.29
Current: 1.9

During the past 11 years, the highest Debt-to-EBITDA Ratio of ForFarmers NV was 2.29. The lowest was 0.56. And the median was 1.06.

XAMS:FFARM's Debt-to-EBITDA is ranked better than
53.28% of 1432 companies
in the Consumer Packaged Goods industry
Industry Median: 2.125 vs XAMS:FFARM: 1.90

ForFarmers NV Debt-to-EBITDA Historical Data

The historical data trend for ForFarmers NV'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.

ForFarmers NV Debt-to-EBITDA Chart

ForFarmers NV 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 1.32 1.09 1.90 2.29 2.07

ForFarmers NV Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.14 1.72 2.95 4.13 1.46

Competitive Comparison of ForFarmers NV's Debt-to-EBITDA

For the Packaged Foods subindustry, ForFarmers NV'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.


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

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

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



ForFarmers NV Debt-to-EBITDA Calculation

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

ForFarmers NV'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
=(16.5 + 92) / 52.5
=2.07

ForFarmers NV's annualized Debt-to-EBITDA for the quarter 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
=(16.5 + 92) / 74.4
=1.46

* 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 (Dec. 2023) EBITDA data.


ForFarmers NV  (XAMS:FFARM) 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.


ForFarmers NV Debt-to-EBITDA Related Terms

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


ForFarmers NV (XAMS:FFARM) Business Description

Traded in Other Exchanges
Address
Kwinkweerd 12, Lochem, NLD, 7241 CW
ForFarmers NV is a feed company, active in North-West Europe. Its business operations comprise sourcing of ingredients, production, and sale of feed products, the sale of crop products, and associated outbound logistics. It also offers complementary services including advice on animal nutrition and livestock farming and assistance with farm management and business development. The company has Ruminant, Swine, Poultry and Horse, Goat, and Sheep segments. It operates in the Netherlands, Germany, Belgium, Poland, and the United Kingdom.

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