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iFresh (iFresh) Debt-to-EBITDA : 12.64 (As of Dec. 2020)


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What is iFresh Debt-to-EBITDA?

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

iFresh's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $28.91 Mil. iFresh's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $58.79 Mil. iFresh's annualized EBITDA for the quarter that ended in Dec. 2020 was $6.94 Mil. iFresh's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2020 was 12.64.

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

IFMK's Debt-to-EBITDA is not ranked *
in the Retail - Defensive industry.
Industry Median: 2.62
* Ranked among companies with meaningful Debt-to-EBITDA only.

iFresh Debt-to-EBITDA Historical Data

The historical data trend for iFresh'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.

iFresh Debt-to-EBITDA Chart

iFresh Annual Data
Trend Dec14 Dec15 Mar17 Mar18 Mar19 Mar20
Debt-to-EBITDA
Get a 7-Day Free Trial - 4.16 8.91 -2.83 -20.15

iFresh Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 -18.06 -19.04 4.68 -9.27 12.64

Competitive Comparison of iFresh's Debt-to-EBITDA

For the Grocery Stores subindustry, iFresh'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.


iFresh's Debt-to-EBITDA Distribution in the Retail - Defensive Industry

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

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



iFresh Debt-to-EBITDA Calculation

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

iFresh's Debt-to-EBITDA for the fiscal year that ended in Mar. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(25.795 + 59.054) / -4.211
=-20.15

iFresh's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(28.909 + 58.793) / 6.94
=12.64

* 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 (Dec. 2020) EBITDA data.


iFresh  (OTCPK:IFMK) 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.


iFresh Debt-to-EBITDA Related Terms

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


iFresh (iFresh) Business Description

Traded in Other Exchanges
N/A
Address
2-39 54th Avenue, Long Island City, NY, USA
iFresh Inc is an Asian/Chinese grocery supermarket chain in the North-Eastern U.S. providing food and other merchandise hard to find in mainstream grocery stores. The company has two reportable and operating segments: Retail segment and Wholesale segment. It offers seafood, vegetables, meat, fruit, frozen goods, groceries, and bakery products through its retail stores. The company generates a majority of its revenue from its retail segment.
Executives
Fei Zhang 10 percent owner NO. 136-30 YUE JIN VILLAGE DA DU KOU DISTRICT CHONG QING CITY F4 400080
Ping Zhou director, 10 percent owner 51 RENMIN SOUTH ROAD BUILDING 3, UNIT 3, ROOM 501 WUHOU DISTRICT CHENGDU SICHUAN F4 610041
Jay Walder director 2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Long Yi officer: Chief Financial Officer NO. 1688, YUNLI ROAD, TONLGI, WUJIANG, JIANGSU PROVINCE F4 0000000000
Long Deng director, 10 percent owner, officer: CEO, COO & Chairman of Board 2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Lilly Deng director, 10 percent owner, officer: VP of Legal and Finance 2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Hk Xu Ding Co., Ltd 10 percent owner UNIT 5, 27/F., RICHMOND COMM. BLDG. 109 ARGYLE STREET, MONGKOK, KOWLOON HONG KONG K3 0000000
Junfeng Liu 10 percent owner UNIT 5, 27/F., RICHMOND COMM. BLDG. 109 ARGYLE STREET MONGKOK, KOWLOON K3 00000
Harvey Leibowitz director
Mark Fang director 2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Xin He officer: Chief Financial Officer 32000 AURORA ROAD, SUITE B, SOLON OH 44139
Jianming You director 2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Amy He officer: Chief Financial Officer 8TH FLOOR BLOCK 8 AOLINJIATAI BLDG, 1 KEHUIQIAN ST, CHAOYANG DISTRICT, BEIJING F4 00000
Xiangke Fang director 2-39 54TH AVENUE LONG ISLAND CITY NY 11101
Henry Chang-yu Lee director 300 BOSTON POST ROAD WEST HAVEN CT 06516

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