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BGSF (BGSF) Debt-to-EBITDA : 3.27 (As of Dec. 2023)


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What is BGSF Debt-to-EBITDA?

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

BGSF's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $65.1 Mil. BGSF's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.8 Mil. BGSF's annualized EBITDA for the quarter that ended in Dec. 2023 was $21.1 Mil. BGSF's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.27.

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

BGSF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.69   Med: 2.13   Max: 117.05
Current: 117.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of BGSF was 117.05. The lowest was 0.69. And the median was 2.13.

BGSF's Debt-to-EBITDA is ranked worse than
99.4% of 829 companies
in the Business Services industry
Industry Median: 1.84 vs BGSF: 117.05

BGSF Debt-to-EBITDA Historical Data

The historical data trend for BGSF'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.

BGSF Debt-to-EBITDA Chart

BGSF 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 1.73 11.31 2.42 3.52 117.05

BGSF Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only 4.65 -0.92 2.57 2.42 3.27

Competitive Comparison of BGSF's Debt-to-EBITDA

For the Staffing & Employment Services subindustry, BGSF'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.


BGSF's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BGSF's Debt-to-EBITDA distribution charts can be found below:

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



BGSF Debt-to-EBITDA Calculation

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

BGSF'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
=(65.13 + 3.814) / 0.589
=117.05

BGSF'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
=(65.13 + 3.814) / 21.088
=3.27

* 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 four times the quarterly (Dec. 2023) EBITDA data.


BGSF  (NYSE:BGSF) 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.


BGSF Debt-to-EBITDA Related Terms

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


BGSF (BGSF) Business Description

Traded in Other Exchanges
Address
5850 Granite Parkway, Suite 730, Plano, TX, USA, 75024
BGSF Inc is engaged in providing temporary staffing services. The company has expertise in Real Estate, Professional, and Light Industrial sectors. The majority of its revenue comes from the Professional segment that provides skilled field talent on a nationwide basis for information technology & finance, accounting, legal and human resource client partner projects on a national basis. The services offered by the company include Staffing and Recruiting, Executive Search, Project & Consulting, and Onsite Management.
Executives
Douglas Hailey director 861 MAGGIES WAY, WATERBURY CENTER VT 05677
Donna Carroll director 5850 GRANITE PARKWAY #730, PLANO TX 75024
John R Barnett officer: CFO and Secretary 111 CONGRESSIONAL BLVD, STE 500, CARMEL IN 46032
Allen C. David Jr director 805 HUNTINGTON COURT, SOUTHLAKE TX 76092
Baum Richard L Jr director 10 KINZEL LANE, WEST ORANGE NJ 07052
Paul Seid director 22 WOODHAVEN DRIVE, NEW CITY NY 10956
Cynthia Marshall director 5850 GRANITE PARKWAY STE 730, PLANO TX 75024
Dan Hollenbach officer: CFO and Secretary C/O BG STAFFING, INC., 5850 GRANITE PARKWAY, SUITE 730, PLANO TX 75024
Beth Garvey officer: Chief Operating Officer 4528 DAFFODIL TRAIL, PLANO TX 75093
Baker L. Allen Jr. director, officer: President and CEO 7338 MAY HALL DRIVE, FRISCO TX 75034
Robert G Weinrich officer: interim CFO and Secretary 158 NATCHES TRACE, COPPELL TX 75019
Michael A Rutledge officer: CFO and Secretary 5000 LEGACY DR, SUITE 350, PLANO TX 75024