Veste Estilo (BSP:VSTE) Debt-to-EBITDA : 1.27 (As of Dec. 2023)

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What is Veste Estilo Debt-to-EBITDA?

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

Veste Estilo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$56 Mil. Veste Estilo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$259 Mil. Veste Estilo's annualized EBITDA for the quarter that ended in Dec. 2023 was R$248 Mil. Veste Estilo's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.27.

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

BSP:VSTE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.95 Med: 4.18 Max: 42.46
Current: 1.75

During the past 13 years, the highest Debt-to-EBITDA Ratio of Veste Estilo was 42.46. The lowest was -12.95. And the median was 4.18.

BSP:VSTE's Debt-to-EBITDA is ranked better than
65.56% of 842 companies
in the Retail - Cyclical industry
Industry Median: 2.685 vs BSP:VSTE: 1.75

Veste Estilo Debt-to-EBITDA Historical Data

The historical data trend for Veste Estilo'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.

Veste Estilo Debt-to-EBITDA Chart

Veste Estilo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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21.71

-12.95

42.46

0.74

1.75

Veste Estilo 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															0.28	1.53	3.51	1.56	1.27

Competitive Comparison of Veste Estilo's Debt-to-EBITDA

For the Apparel Retail subindustry, Veste Estilo'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.

Veste Estilo's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Veste Estilo's Debt-to-EBITDA distribution charts can be found below:

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

Veste Estilo Debt-to-EBITDA Calculation

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

Veste Estilo'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
	=	(56.153	+	258.638)	/	179.811
	=	1.75

Veste Estilo'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
	=	(56.153	+	258.638)	/	247.96
	=	1.27

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.

Veste Estilo (BSP:VSTE) 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.

Veste Estilo Debt-to-EBITDA Related Terms

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

Veste Estilo (BSP:VSTE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Veste SA Estilo (BSP:VSTE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Rua Othão, 405, Sao Paulo, SP, BRA, 05313-020

Website

https://www.veste.com

Veste SA Estilo is engaged in apparel industry retailers and high-end accessories in Brazil. The Company's main objectives are: development, exploration of the industry, trade, import and export of clothing and clothing accessories and trading in decorative, hygiene and cosmetic objects, among others. It produces clothes, accessories, footwear, and articles for the home, always in line with contemporary lifestyle, bringing joy, elegance, and well-being to customers under its brands Le Lis, Dudalina, john john, Stew, and Individual. The company focuses on designing, developing, manufacturing, and trading apparel and accessories for women and men.

Veste Estilo (BSP:VSTE) Headlines

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