JM Smucker Co (BSP:S1JM34) Debt-to-EBITDA : 5.22 (As of Jan. 2024)

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What is JM Smucker Co Debt-to-EBITDA?

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

JM Smucker Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$2,255 Mil. JM Smucker Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was R$40,686 Mil. JM Smucker Co's annualized EBITDA for the quarter that ended in Jan. 2024 was R$8,233 Mil. JM Smucker Co's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 5.22.

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 JM Smucker Co's Debt-to-EBITDA or its related term are showing as below:

BSP:S1JM34' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.87 Med: 3.46 Max: 14.43
Current: 14.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of JM Smucker Co was 14.43. The lowest was 1.87. And the median was 3.46.

BSP:S1JM34's Debt-to-EBITDA is ranked worse than
94.05% of 1428 companies
in the Consumer Packaged Goods industry
Industry Median: 2.145 vs BSP:S1JM34: 14.43

JM Smucker Co Debt-to-EBITDA Historical Data

The historical data trend for JM Smucker Co'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.

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JM Smucker Co Debt-to-EBITDA Chart

JM Smucker Co Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-EBITDA

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4.36

3.48

2.72

3.15

7.71

JM Smucker Co Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-EBITDA	Get a 7-Day Free Trial															2.57	-2.01	3.12	5.26	5.22

Competitive Comparison of JM Smucker Co's Debt-to-EBITDA

For the Packaged Foods subindustry, JM Smucker Co'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.

JM Smucker Co's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, JM Smucker Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where JM Smucker Co's Debt-to-EBITDA falls into.

JM Smucker Co Debt-to-EBITDA Calculation

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

JM Smucker Co's Debt-to-EBITDA for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(166.714	+	22051.415)	/	2881.337
	=	7.71

JM Smucker Co's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2255.487	+	40685.81)	/	8233.068
	=	5.22

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 (Jan. 2024) EBITDA data.

JM Smucker Co (BSP:S1JM34) 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.

JM Smucker Co Debt-to-EBITDA Related Terms

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

JM Smucker Co (BSP:S1JM34) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » JM Smucker Co (BSP:S1JM34) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

SJM:USA JM2:Germany

Address

One Strawberry Lane, Orrville, OH, USA, 44667-0280

Website

https://www.jmsmucker.com

J.M. Smucker is a packaged food company that primarily sells through the U.S. retail channel (77% of forecast fiscal 2024 revenue), with the remaining share consisting of Hostess, foodservice, and international (primarily Canada). Following the divestiture of several pet foods brands and private-label products that constituted about $1.5 billion of sales, retail coffee is now its largest category (33% of sales) with brands Folgers and Dunkin'. Pet foods (22% of sales) holds leading brands like Milk-Bone and Meow Mix. Of its remaining, approximately 22% comes from consumer foods, primarily peanut butter and jelly, through brands Jif and Smucker's. The company acquired Hostess Brands in fiscal 2024 to boost its snack and convenience store presence.

JM Smucker Co (BSP:S1JM34) Headlines

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