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Brimstone Investment (JSE:BRT) Debt-to-EBITDA : 6.38 (As of Dec. 2023)


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What is Brimstone Investment Debt-to-EBITDA?

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

Brimstone Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R486 Mil. Brimstone Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R4,653 Mil. Brimstone Investment's annualized EBITDA for the quarter that ended in Dec. 2023 was R806 Mil. Brimstone Investment's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.37.

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 Brimstone Investment's Debt-to-EBITDA or its related term are showing as below:

JSE:BRT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.66   Med: 6.93   Max: 13.33
Current: 6.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Brimstone Investment was 13.33. The lowest was -4.66. And the median was 6.93.

JSE:BRT's Debt-to-EBITDA is ranked worse than
84.07% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs JSE:BRT: 6.92

Brimstone Investment Debt-to-EBITDA Historical Data

The historical data trend for Brimstone Investment'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.

Brimstone Investment Debt-to-EBITDA Chart

Brimstone Investment Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.79 7.01 4.02 8.13 6.84

Brimstone Investment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 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 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 3.74 10.34 7.00 7.50 6.38

Competitive Comparison of Brimstone Investment's Debt-to-EBITDA

For the Packaged Foods subindustry, Brimstone Investment'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.


Brimstone Investment's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Brimstone Investment Debt-to-EBITDA Calculation

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

Brimstone Investment'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
=(485.69 + 4652.956) / 751.48
=6.84

Brimstone Investment'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
=(485.69 + 4652.956) / 806.096
=6.37

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Brimstone Investment  (JSE:BRT) 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.


Brimstone Investment Debt-to-EBITDA Related Terms

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


Brimstone Investment (JSE:BRT) Business Description

Traded in Other Exchanges
Address
1st Floor, Slade House, Boundary Terraces, 1 Mariendahl Lane, Newlands, GT, ZAF, 7700
Brimstone Investment Corp Ltd is an investment holding company. The company primarily invests in various sectors, including food, financial services, healthcare, and infrastructure, among others. It is also supplementary engaged in deep-sea trawling of the groundfish species called Hake, processing of the catch into frozen and chilled seafood and the marketing of these products. The primary business segments of the Group are Food and Investments. It generates maximum revenue from the Food segment.