Mayberry Jamaican Equities (XJAM:MJE) Debt-to-EBITDA : 1.54 (As of Jun. 2024)

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What is Mayberry Jamaican Equities Debt-to-EBITDA?

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

Mayberry Jamaican Equities's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was JMD0.0 Mil. Mayberry Jamaican Equities's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was JMD6,505.0 Mil. Mayberry Jamaican Equities's annualized EBITDA for the quarter that ended in Jun. 2024 was JMD4,224.2 Mil. Mayberry Jamaican Equities's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 1.54.

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 Mayberry Jamaican Equities's Debt-to-EBITDA or its related term are showing as below:

XJAM:MJE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -695.68 Med: 0.03 Max: 11.53
Current: -9.32

During the past 7 years, the highest Debt-to-EBITDA Ratio of Mayberry Jamaican Equities was 11.53. The lowest was -695.68. And the median was 0.03.

XJAM:MJE's Debt-to-EBITDA is ranked worse than
100% of 352 companies
in the Asset Management industry
Industry Median: 1.41 vs XJAM:MJE: -9.32

Mayberry Jamaican Equities Debt-to-EBITDA Historical Data

The historical data trend for Mayberry Jamaican Equities'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.

Mayberry Jamaican Equities Debt-to-EBITDA Chart

Mayberry Jamaican Equities Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-695.77

-0.56

1.16

0.61

-0.55

Mayberry Jamaican Equities Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial															-5.00	9.49	-0.47	-5.49	1.54

Competitive Comparison of Mayberry Jamaican Equities's Debt-to-EBITDA

For the Asset Management subindustry, Mayberry Jamaican Equities'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.

Mayberry Jamaican Equities's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mayberry Jamaican Equities's Debt-to-EBITDA distribution charts can be found below:

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

Mayberry Jamaican Equities Debt-to-EBITDA Calculation

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

Mayberry Jamaican Equities'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
	=	(0	+	1015.329)	/	-1834.391
	=	-0.55

Mayberry Jamaican Equities'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
	=	(0	+	6505.031)	/	4224.22
	=	1.54

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 (Jun. 2024) EBITDA data.

Mayberry Jamaican Equities (XJAM:MJE) 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.

Mayberry Jamaican Equities Debt-to-EBITDA Related Terms

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

Mayberry Jamaican Equities Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mayberry Jamaican Equities Ltd (XJAM:MJE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bourbon Street, Suite 1, 1st Floor, Bourbon House, Castries, LCA

Website

https://www.mayberryinv.com

Mayberry Jamaican Equities Ltd is an investment holding company with a view to achieve long term capital appreciation, while preserving capital, by investing in public equity services in Jamaica. Its business activities include treasury and trading, investment banking, asset management, pension fund management, and managed equity portfolio. Its investment banking services comprise of Debt Raising, Advisory Services, Mergers, and Acquisitions, Divestitures, and Equity Raising.

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