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Murray Cod Australia (ASX:MCA) Debt-to-EBITDA : -6.37 (As of Dec. 2023)


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What is Murray Cod Australia Debt-to-EBITDA?

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

Murray Cod Australia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$3.19 Mil. Murray Cod Australia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$30.56 Mil. Murray Cod Australia's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-5.30 Mil. Murray Cod Australia's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -6.37.

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 Murray Cod Australia's Debt-to-EBITDA or its related term are showing as below:

ASX:MCA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.79   Med: -0.62   Max: 29.06
Current: -3.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of Murray Cod Australia was 29.06. The lowest was -3.79. And the median was -0.62.

ASX:MCA's Debt-to-EBITDA is ranked worse than
100% of 1428 companies
in the Consumer Packaged Goods industry
Industry Median: 2.145 vs ASX:MCA: -3.42

Murray Cod Australia Debt-to-EBITDA Historical Data

The historical data trend for Murray Cod Australia'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.

Murray Cod Australia Debt-to-EBITDA Chart

Murray Cod Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.37 29.06 -3.79 -1.17 -1.93

Murray Cod Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -1.61 -1.20 6.92 -0.89 -6.37

Competitive Comparison of Murray Cod Australia's Debt-to-EBITDA

For the Farm Products subindustry, Murray Cod Australia'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.


Murray Cod Australia's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Murray Cod Australia Debt-to-EBITDA Calculation

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

Murray Cod Australia'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
=(1.76 + 11.023) / -6.633
=-1.93

Murray Cod Australia'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
=(3.19 + 30.559) / -5.3
=-6.37

* 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 (Dec. 2023) EBITDA data.


Murray Cod Australia  (ASX:MCA) 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.


Murray Cod Australia Debt-to-EBITDA Related Terms

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


Murray Cod Australia (ASX:MCA) Business Description

Traded in Other Exchanges
N/A
Address
2-4 Lasscock Road, Griffith, NSW, AUS, 2680
Murray Cod Australia Ltd is engaged in producing pond-grown Murray cod. The company grows Murray cod in open ponds or dams on the Murray-Darling Basin river system. Murray Cod Australia Ltd is branded as Aquna Sustainable Murray Cod. The company generates revenue from fish sales, cattle sales and equipment sales.

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