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Ariston Holdings (XZIM:ARIS.ZW) Debt-to-EBITDA : -0.55 (As of Sep. 2023)


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What is Ariston Holdings Debt-to-EBITDA?

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

Ariston Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL5,704 Mil. Ariston Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL33,167 Mil. Ariston Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was ZWL-70,698 Mil. Ariston Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.55.

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 Ariston Holdings's Debt-to-EBITDA or its related term are showing as below:

XZIM:ARIS.ZW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.18   Med: -0.07   Max: 5.22
Current: -1.06

During the past 9 years, the highest Debt-to-EBITDA Ratio of Ariston Holdings was 5.22. The lowest was -6.18. And the median was -0.07.

XZIM:ARIS.ZW's Debt-to-EBITDA is ranked worse than
100% of 1435 companies
in the Consumer Packaged Goods industry
Industry Median: 2.12 vs XZIM:ARIS.ZW: -1.06

Ariston Holdings Debt-to-EBITDA Historical Data

The historical data trend for Ariston Holdings'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.

Ariston Holdings Debt-to-EBITDA Chart

Ariston Holdings Annual Data
Trend Sep09 Sep11 Sep12 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 0.50 1.70 -0.63 -6.18 -1.59

Ariston Holdings Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.16 0.33 -1.92 -2.15 -0.55

Competitive Comparison of Ariston Holdings's Debt-to-EBITDA

For the Farm Products subindustry, Ariston Holdings'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.


Ariston Holdings's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Ariston Holdings Debt-to-EBITDA Calculation

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

Ariston Holdings'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
=(5704.128 + 33167.462) / -24422.202
=-1.59

Ariston Holdings's annualized Debt-to-EBITDA for the quarter 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
=(5704.128 + 33167.462) / -70698.316
=-0.55

* 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 (Sep. 2023) EBITDA data.


Ariston Holdings  (XZIM:ARIS.ZW) 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.


Ariston Holdings Debt-to-EBITDA Related Terms

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


Ariston Holdings (XZIM:ARIS.ZW) Business Description

Traded in Other Exchanges
N/A
Address
18 Coghlan Road, P. O. Box 4019 , Greendale, Harare, ZWE
Ariston Holdings Ltd is an agro-industrial company. Its principal activities are farming operations which include, tea, macadamia nuts, horticulture, deciduous fruits, fishery, and poultry. The company is organized into three operating divisions. The Southdown Estates division is engaged in the growing and manufacturing of tea, macadamia nuts, avocados, potatoes, and bananas as well as generates maximum revenue. Claremont Estate division is engaged in the growing of pome and stone fruit, passion fruit, and potatoes. Kent Estate division engages in the growing of horticultural crops, and the rearing of poultry and livestock.

Ariston Holdings (XZIM:ARIS.ZW) Headlines

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