Motorcycle Holdings (ASX:MTO) Debt-to-EBITDA : 2.99 (As of Dec. 2023)

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What is Motorcycle Holdings Debt-to-EBITDA?

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

Motorcycle Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$59.8 Mil. Motorcycle Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$86.7 Mil. Motorcycle Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was A$49.1 Mil. Motorcycle Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.98.

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

ASX:MTO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.35 Med: 2.78 Max: 7.95
Current: 2.8

During the past 8 years, the highest Debt-to-EBITDA Ratio of Motorcycle Holdings was 7.95. The lowest was 1.35. And the median was 2.78.

ASX:MTO's Debt-to-EBITDA is ranked worse than
56.33% of 1051 companies
in the Vehicles & Parts industry
Industry Median: 2.4 vs ASX:MTO: 2.80

Motorcycle Holdings Debt-to-EBITDA Historical Data

The historical data trend for Motorcycle 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.

Motorcycle Holdings Debt-to-EBITDA Chart

Motorcycle Holdings Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

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4.13

7.95

1.35

1.99

2.80

Motorcycle Holdings Semi-Annual Data
	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											1.34	2.22	2.90	2.70	2.99

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

For the Auto & Truck Dealerships subindustry, Motorcycle 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.

Motorcycle Holdings's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Motorcycle Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Motorcycle Holdings Debt-to-EBITDA Calculation

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

Motorcycle Holdings'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
	=	(60.384	+	89.272)	/	53.547
	=	2.79

Motorcycle Holdings'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
	=	(59.813	+	86.674)	/	49.078
	=	2.98

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.

Motorcycle Holdings (ASX:MTO) 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.

Motorcycle Holdings Debt-to-EBITDA Related Terms

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

Motorcycle Holdings (ASX:MTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Motorcycle Holdings Ltd (ASX:MTO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

68 Moss Street, Slacks Creek, Logan City, QLD, AUS, 4127

Website

https://www.mcholdings.com.au

Motorcycle Holdings Ltd is a motorcycle dealer in Australia. It has two reporting segments. First, Motorcycle Retailing, which consists of the ownership and operation of motorcycle dealerships engaging in the sale of new motorcycles, used motorcycles, parts, servicing, accessories, and mechanical protection plan contracts. It also facilitates insurance and financing for motorcycle purchases through third-party sources. Second, Motorcycle Accessories Wholesaling, which imports and distributes a diversified range of motorcycle parts and accessories to wholesale customers in Australia. The majority of its revenue is derived from the Motorcycle Retailing segment. The company also owns and operates a motorcycle repair business that performs smash repair work for insurers.

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