Aveanna Healthcare Holdings (Aveanna Healthcare Holdings) Debt-to-EBITDA : 23.96 (As of Dec. 2023)

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What is Aveanna Healthcare Holdings Debt-to-EBITDA?

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

Aveanna Healthcare Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $28 Mil. Aveanna Healthcare Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,316 Mil. Aveanna Healthcare Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $56 Mil. Aveanna Healthcare Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 23.96.

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

AVAH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -72.32 Med: 19.98 Max: 34.32
Current: 32.21

During the past 6 years, the highest Debt-to-EBITDA Ratio of Aveanna Healthcare Holdings was 34.32. The lowest was -72.32. And the median was 19.98.

AVAH's Debt-to-EBITDA is ranked worse than
98.33% of 419 companies
in the Healthcare Providers & Services industry
Industry Median: 2.57 vs AVAH: 32.21

Aveanna Healthcare Holdings Debt-to-EBITDA Historical Data

The historical data trend for Aveanna Healthcare 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.

Aveanna Healthcare Holdings Debt-to-EBITDA Chart

Aveanna Healthcare Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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24.38

19.98

-72.32

-2.58

34.32

Aveanna Healthcare Holdings Quarterly Data
	Dec18	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													-1.71	27.22	4.79	-6.12	23.96

Competitive Comparison of Aveanna Healthcare Holdings's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Aveanna Healthcare 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.

Aveanna Healthcare Holdings's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Aveanna Healthcare Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Aveanna Healthcare Holdings Debt-to-EBITDA Calculation

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

Aveanna Healthcare Holdings'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
	=	(28.036	+	1316.159)	/	39.169
	=	34.32

Aveanna Healthcare 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
	=	(28.036	+	1316.159)	/	56.108
	=	23.96

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.

Aveanna Healthcare Holdings (NAS:AVAH) 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.

Aveanna Healthcare Holdings Debt-to-EBITDA Related Terms

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

Aveanna Healthcare Holdings (Aveanna Healthcare Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Aveanna Healthcare Holdings Inc (NAS:AVAH) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

400 Interstate North Parkway SE, Suite 1600, Atlanta, GA, USA, 30339

Website

https://www.aveanna.com

Aveanna Healthcare Holdings Inc is a diversified home care platform that provides care to medically complex, high-cost patient populations. It directly addresses the pressing challenges facing the U.S. healthcare system by providing safe, high-quality care in the home. The firm provides its services through three segments: Private Duty Services (PDS); Home Health & Hospice (HHH); and Medical Solutions (MS). Private Duty Services include private duty nursing (PDN) and pediatric therapy services. HHH segment provides home health, hospice, and specialty program services to elderly populations seeking compassionate care and assistance with activities of daily living in the home. MS segment provides needed supplies to patients requiring enteral nutrition services or respiratory care.

Executives

Deborah Stewart	officer: SVP, Chief Accounting Officer	400 INTERSTATE NORTH PARKWAY SE, ATLANTA GA 30339
Matthew Buckhalter	officer: See Remarks	400 INTERSTATE NORTH PARKWAY SE, SUITE 1600, ATLANTA GA 30339
Victor F Ganzi	director
David Afshar	officer: Chief Financial Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Patrick A. Cunningham	officer: Chief Compliance Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Edwin C. Reisz	officer: Chief Administrative Officer	C/O AVEANNA HEALTHCARE HOLDINGS INC., 400 INTERSTATE NORTH PARKWAY SE STE 1600, ATLANTA GA 30339
Jeff Shaner	officer: Chief Operating Officer	3350 RIVERWOOD PARKWAY SUITE 1400, ATLANTA GA 30339
Tony Strange	director, officer: Chief Executive Officer	3 HUNTINGTON QUADRANGLE 2S, MELVILLE NY 11747
Rodney D Windley	director, officer: Executive Chairman	3 HUNTINGTON QUADRANGLE 2S, MELVILLE NY 11747
Steven E Rodgers	director
Erica Schwartz	director	400 INTERSTATE N. PARKWAY SE, SUITE 1600, C/O AVEANNA HEALTHCARE HOLDINGS INC., ATLANTA GA 30339
Bcip Associates Iv-b (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Whitney Strategic Partners Vii, L.p.	10 percent owner	130 MAIN STREET, NEW CANAAN CT 06840
Bcip T Associates Iv-b (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bcip T Associates Iv (us), L.p.	10 percent owner	JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116