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Snyder′s-Lance (Snyder′s-Lance) Debt-to-EBITDA : 3.78 (As of Dec. 2017)


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What is Snyder′s-Lance Debt-to-EBITDA?

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

Snyder′s-Lance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $49 Mil. Snyder′s-Lance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $1,026 Mil. Snyder′s-Lance's annualized EBITDA for the quarter that ended in Dec. 2017 was $285 Mil. Snyder′s-Lance's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2017 was 3.77.

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 Snyder′s-Lance's Debt-to-EBITDA or its related term are showing as below:

LNCE's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.145
* Ranked among companies with meaningful Debt-to-EBITDA only.

Snyder′s-Lance Debt-to-EBITDA Historical Data

The historical data trend for Snyder′s-Lance'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.

Snyder′s-Lance Debt-to-EBITDA Chart

Snyder′s-Lance Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 2.71 2.37 6.36 7.85

Snyder′s-Lance Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17
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 4.58 5.94 5.16 -9.48 3.78

Competitive Comparison of Snyder′s-Lance's Debt-to-EBITDA

For the Packaged Foods subindustry, Snyder′s-Lance'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.


Snyder′s-Lance's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Snyder′s-Lance Debt-to-EBITDA Calculation

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

Snyder′s-Lance's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(49 + 1025.533) / 136.939
=7.85

Snyder′s-Lance's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(49 + 1025.533) / 284.66
=3.77

* 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. 2017) EBITDA data.


Snyder′s-Lance  (NAS:LNCE) 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.


Snyder′s-Lance Debt-to-EBITDA Related Terms

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


Snyder′s-Lance (Snyder′s-Lance) Business Description

Traded in Other Exchanges
N/A
Address
Snyder's-Lance makes, sells, and distributes a variety of packaged snack foods. About 78% of 2016 net revenue came from branded products, with the remainder from distribution of third-party brands and contract manufacturing. More than 90% of sales come from the United States. The company's largest brands include Snyder's of Hanover, Lance, Cape Cod, Pretzel Crisps, and Late July, and the firm added Kettle, Pop Secret, and Emerald after its 2016 acquisition of Diamond Foods and subsequent sale of Diamond culinary nuts.
Executives
Lawrence V Jackson director C/O ASSURANT, INC., 28 LIBERTY ST., 41 F, NEW YORK NY 10005
Brian J Driscoll director, officer: President & CEO THREE LAKES DR, NORTHFIELD IL 60093
Isaiah Tidwell director 1059 HUNTERS BROOK COURT, ATLANTA GA 30319
Alexander W Pease officer: EVP & CFO 5605 CARNEGIE BOULEVARD, SUTIE 500, CHARLOTTE NC 28209
Gail Sharps Myers officer: SVP, General Counsel & Sec 13515 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Andrea L. Frohning officer: Chief Human Resources Officer C/O DENTSLY SIRONA INC, 13320 BALLANTYNE CORPORATE PLACE, CHARLOTTE NC 28277
Wilbur J Prezzano director 13515 BALLANTYNE CORPORATE PL, CHARLOTTE NC 28277
Rick D Puckett officer: EVP, CFO and Chief Admin. Ofc. 440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202
Kevin A Henry officer: Chief Human Resources Officer 13024 BALLANTYNE CORPORATE PLACE, HARRIS BUILDING, SUITE 900, CHARLOTTE NC 28277
David V Singer director, officer: CEO 13024 BALLANTYNE CORPORATE PL, SUITE 900, CHARLOTTE NC 28277
William R Holland director C/O GOODRICH COPRORATION, 2730 WEST TYVOLA ROAD, CHARLOTTE NC 28269
J P Bolduc director PO BOX 7003, ROCKFORD IL 61125-7003
Barbara R Allen director
David L Burner director C/O GOODRICH CORP 2730 WEST TYVOLA RD CHARLOTTE NC 28217
B Clyde Preslar officer: Vice Pres., CFO and Sec. 305 GREGSON DRIVE, CARY NC 27518

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