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Seed Co (XZIM:SEED.ZW) Debt-to-EBITDA : 0.39 (As of Sep. 2023)


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What is Seed Co Debt-to-EBITDA?

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

Seed Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL0 Mil. Seed Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ZWL133,260 Mil. Seed Co's annualized EBITDA for the quarter that ended in Sep. 2023 was ZWL345,420 Mil. Seed Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.39.

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 Seed Co's Debt-to-EBITDA or its related term are showing as below:

XZIM:SEED.ZW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33   Med: 0.9   Max: 1.91
Current: 0.76

During the past 8 years, the highest Debt-to-EBITDA Ratio of Seed Co was 1.91. The lowest was 0.33. And the median was 0.90.

XZIM:SEED.ZW's Debt-to-EBITDA is ranked better than
72.78% of 180 companies
in the Agriculture industry
Industry Median: 2 vs XZIM:SEED.ZW: 0.76

Seed Co Debt-to-EBITDA Historical Data

The historical data trend for Seed Co'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.

Seed Co Debt-to-EBITDA Chart

Seed Co Annual Data
Trend Mar09 Mar11 Mar12 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial - 0.88 1.17 1.91 0.71

Seed Co Semi-Annual Data
Mar09 Mar11 Sep11 Mar12 Sep12 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 -0.54 0.63 0.31 3.69 0.39

Competitive Comparison of Seed Co's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Seed Co'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.


Seed Co's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Seed Co's Debt-to-EBITDA distribution charts can be found below:

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



Seed Co Debt-to-EBITDA Calculation

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

Seed Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(16407.139 + 8453.289) / 34824.386
=0.71

Seed Co'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
=(0 + 133260) / 345420
=0.39

* 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.


Seed Co  (XZIM:SEED.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.


Seed Co Debt-to-EBITDA Related Terms

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


Seed Co (XZIM:SEED.ZW) Business Description

Traded in Other Exchanges
N/A
Address
Shamwari Road, Stapleford, Westgate, P.O. Box WGT 64, Harare, ZWE
Seed Co Ltd is engaged in the business of processing agricultural seeds. The company is involved in the breeding, multiplication, and distribution of mainly hybrid seed varieties for crops such as maize, wheat, soya beans, sugar beans, cowpeas, sorghum, groundnuts, and vegetables. It generates maximum revenue from the maize crop.

Seed Co (XZIM:SEED.ZW) Headlines

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