Alliance Entertainment Holding (Alliance Entertainment Holding) Debt-to-EBITDA : 1.70 (As of Dec. 2023)

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What is Alliance Entertainment Holding Debt-to-EBITDA?

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

Alliance Entertainment Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $6 Mil. Alliance Entertainment Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $113 Mil. Alliance Entertainment Holding's annualized EBITDA for the quarter that ended in Dec. 2023 was $70 Mil. Alliance Entertainment Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.70.

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 Alliance Entertainment Holding's Debt-to-EBITDA or its related term are showing as below:

AENT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.69 Med: 1.21 Max: 8.57
Current: 8.57

During the past 4 years, the highest Debt-to-EBITDA Ratio of Alliance Entertainment Holding was 8.57. The lowest was -5.69. And the median was 1.21.

AENT's Debt-to-EBITDA is ranked worse than
87.54% of 674 companies
in the Media - Diversified industry
Industry Median: 1.65 vs AENT: 8.57

Alliance Entertainment Holding Debt-to-EBITDA Historical Data

The historical data trend for Alliance Entertainment Holding'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.

Alliance Entertainment Holding Debt-to-EBITDA Chart

Alliance Entertainment Holding Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

1.21

2.95

-5.69

Alliance Entertainment Holding Quarterly Data
	Jun20	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial						-2.95	-6.31	17.82	643.61	1.70

Competitive Comparison of Alliance Entertainment Holding's Debt-to-EBITDA

For the Entertainment subindustry, Alliance Entertainment Holding'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.

Alliance Entertainment Holding's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alliance Entertainment Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Alliance Entertainment Holding's Debt-to-EBITDA falls into.

Alliance Entertainment Holding Debt-to-EBITDA Calculation

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

Alliance Entertainment Holding's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(140.127	+	8.551)	/	-26.118
	=	-5.69

Alliance Entertainment Holding'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
	=	(5.792	+	112.89)	/	69.776
	=	1.70

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. 2023) EBITDA data.

Alliance Entertainment Holding (NAS:AENT) 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.

Alliance Entertainment Holding Debt-to-EBITDA Related Terms

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

Alliance Entertainment Holding (Alliance Entertainment Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Alliance Entertainment Holding Corp (NAS:AENT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

8201 Peters Road, Suite 1000, Plantation, FL, USA, 33324

Website

https://www.aent.com

Alliance Entertainment Holding Corp is a top tier distributor of music, movies, and consumer electronics. It offers more than 485,000 SKU products, consisting of vinyl records, compact discs, DVDs, Blu-rays, and video games. The company serves customers of every size, providing a suite of services to resellers and retailers around the world.