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Bright Scholar Education Holdings (Bright Scholar Education Holdings) Debt-to-EBITDA : 27.30 (As of Feb. 2024)


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What is Bright Scholar Education Holdings Debt-to-EBITDA?

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

Bright Scholar Education Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $17.8 Mil. Bright Scholar Education Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was $203.0 Mil. Bright Scholar Education Holdings's annualized EBITDA for the quarter that ended in Feb. 2024 was $8.1 Mil. Bright Scholar Education Holdings's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 27.29.

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

BEDU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -90.41   Med: -9.89   Max: 55.65
Current: -13.08

During the past 10 years, the highest Debt-to-EBITDA Ratio of Bright Scholar Education Holdings was 55.65. The lowest was -90.41. And the median was -9.89.

BEDU's Debt-to-EBITDA is ranked worse than
100% of 183 companies
in the Education industry
Industry Median: 1.89 vs BEDU: -13.08

Bright Scholar Education Holdings Debt-to-EBITDA Historical Data

The historical data trend for Bright Scholar Education 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.

Bright Scholar Education Holdings Debt-to-EBITDA Chart

Bright Scholar Education Holdings Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.15 55.65 -90.41 -4.69 -15.09

Bright Scholar Education Holdings Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -9.43 5.91 -1.43 5.36 27.30

Competitive Comparison of Bright Scholar Education Holdings's Debt-to-EBITDA

For the Education & Training Services subindustry, Bright Scholar Education 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.


Bright Scholar Education Holdings's Debt-to-EBITDA Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Bright Scholar Education Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Bright Scholar Education Holdings Debt-to-EBITDA Calculation

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

Bright Scholar Education Holdings's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(17.306 + 210.143) / -15.076
=-15.09

Bright Scholar Education Holdings's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(17.789 + 202.969) / 8.088
=27.29

* 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 (Feb. 2024) EBITDA data.


Bright Scholar Education Holdings  (NYSE:BEDU) 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.


Bright Scholar Education Holdings Debt-to-EBITDA Related Terms

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


Bright Scholar Education Holdings (Bright Scholar Education Holdings) Business Description

Traded in Other Exchanges
Address
No. 1, Country Garden Road, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528300
Bright Scholar Education Holdings Ltd operates as an education service provider. The company offers overseas schools, complementary education services, and domestic kindergartens and K12 operation services. The group's overseas K12 education has several K12 schools, art colleges, language training institutions, and summer schools around the world. The complimentary education services segment of the company predominantly includes camp programs, after-school programs, through a network of learning centers in China, as well as international education consulting services. Geographically, the company operates in China which is the key revenue generating market, Canada, United States, and United Kingdom.