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Lazydays Holdings (Lazydays Holdings) Debt-to-EBITDA : -1.39 (As of Dec. 2023)


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What is Lazydays Holdings Debt-to-EBITDA?

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

Lazydays Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $456 Mil. Lazydays Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $225 Mil. Lazydays Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $-488 Mil. Lazydays Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.39.

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

GORV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.79   Med: 3.33   Max: 8.61
Current: -7.79

During the past 8 years, the highest Debt-to-EBITDA Ratio of Lazydays Holdings was 8.61. The lowest was -7.79. And the median was 3.33.

GORV's Debt-to-EBITDA is ranked worse than
100% of 1048 companies
in the Vehicles & Parts industry
Industry Median: 2.39 vs GORV: -7.79

Lazydays Holdings Debt-to-EBITDA Historical Data

The historical data trend for Lazydays 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.

Lazydays Holdings Debt-to-EBITDA Chart

Lazydays Holdings Annual Data
Trend Nov15 Nov16 Nov17 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 8.61 4.87 2.61 4.06 -7.79

Lazydays Holdings 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 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 14.18 10.98 6.80 21.46 -1.39

Competitive Comparison of Lazydays Holdings's Debt-to-EBITDA

For the Auto & Truck Dealerships subindustry, Lazydays 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.


Lazydays Holdings's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lazydays Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Lazydays Holdings Debt-to-EBITDA Calculation

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

Lazydays Holdings'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
=(455.673 + 224.572) / -87.334
=-7.79

Lazydays Holdings'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
=(455.673 + 224.572) / -487.852
=-1.39

* 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. 2023) EBITDA data.


Lazydays Holdings  (NAS:GORV) 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.


Lazydays Holdings Debt-to-EBITDA Related Terms

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


Lazydays Holdings (Lazydays Holdings) Business Description

Traded in Other Exchanges
Address
4042 Park Oaks Boulevard, Suite 350, Tampa, FL, USA, 33610
Lazydays Holdings Inc operates recreational vehicle dealerships. It provides products and services for RV owners and outdoor enthusiasts. The company generate revenue providing a full spectrum of RV products: New and pre-owned RV sales, RV-parts and service, financing and insurance products, third-party protection plans, after-market parts and accessories, and RV camping facilities.
Executives
John F North director, officer: Chief Executive Officer 150 N. BARTLETT STREET, MEDFORD OR 97501
Kelly Porter officer: Chief Financial Officer 4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
Coliseum Capital Management, Llc director, 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Susan Scarola director 4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
Suzanne Tager director 4042 PARK OAKS BLVD, SUITE 350, TAMPA FL 33610
David Kanen 10 percent owner, other: See Explanation of Responses 6429 NW 65TH WAY, PARKLAND FL 33067
Nicholas J Tomashot officer: Chief Financial Officer C/O LAZYDAYS HOLDINGS, INC., 6130 LAZY DAYS BOULEVARD, SEFFNER FL 33584
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Philotimo Fund, Lp other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Philotimo Focused Growth & Income Fund other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Kanen Wealth Management Llc 10 percent owner, other: See Explanation of Responses 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076
Bryant R Riley 10 percent owner C/O B. RILEY FINANCIAL, INC., 21255 BURBANK BLVD, SUITE 400, WOODLAND HILLS CA 91367
Brf Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
B. Riley Principal Investments, Llc 10 percent owner 11100 SANTA MONICA BLVD., SUITE 800, LOS ANGELES CA 90025
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025