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Boot Barn Holdings (Boot Barn Holdings) Debt-to-EBITDA

: 1.23 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Boot Barn Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $59 Mil. Boot Barn Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $375 Mil. Boot Barn Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $355 Mil. Boot Barn Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.22.

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

BOOT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.07   Med: 3.2   Max: 5.76
Current: 1.62

During the past 11 years, the highest Debt-to-EBITDA Ratio of Boot Barn Holdings was 5.76. The lowest was 1.07. And the median was 3.20.

BOOT's Debt-to-EBITDA is ranked better than
68.02% of 838 companies
in the Retail - Cyclical industry
Industry Median: 2.67 vs BOOT: 1.62

Boot Barn Holdings Debt-to-EBITDA Historical Data

The historical data trend for Boot Barn 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.

Boot Barn Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.23 4.58 2.99 1.07 1.67

Boot Barn 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 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 Premium Member Only Premium Member Only Premium Member Only 1.27 1.54 1.85 2.05 1.23

Competitive Comparison

For the Apparel Retail subindustry, Boot Barn 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.


Boot Barn Holdings Debt-to-EBITDA Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, Boot Barn Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Boot Barn Holdings Debt-to-EBITDA Calculation

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

Boot Barn Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(117.638 + 330.081) / 267.703
=1.67

Boot Barn 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
=(59.243 + 375.345) / 354.864
=1.22

* 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.


Boot Barn Holdings  (NYSE:BOOT) 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.


Boot Barn Holdings Debt-to-EBITDA Related Terms

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


Boot Barn Holdings (Boot Barn Holdings) Business Description

Traded in Other Exchanges
Address
15345 Barranca Parkway, Irvine, CA, USA, 92618
Boot Barn Holdings Inc operates specialty retail stores. The company sells western and work-related footwear, apparel, and accessories in the United States. It is a single operating segment, which includes net sales generated from its retail stores and e-commerce websites.
Executives
James M Watkins officer: CFO and Secretary 4000 MACARTHUR BLVD., EAST TOWER, NEWPORT BEACH CA 92660
James Grant Conroy director, officer: President and CEO 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
Michael A Love officer: Senior Vice President Stores 4 CENTAURUS WAY, COTO DE CAZA CA 92679
Laurie Marie Grijalva officer: Chief Merchandising Officer 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
John Hazen officer: Chief Digital Officer 14852 VANGUARD, HUNTINGTON BEACH CA 92647
Gregory V. Hackman officer: Chief Financial Officer 15776 LAGUNA CANYON ROAD, IRVINE CA 92618
Peter Starrett director
Chris Bruzzo director 411 FIRST AVE., SOUTH, SUITE 700, SEATTLE WA 98104
Anne Macdonald director 200 CARILLON PARKWAY, ST PETERSBURG FL 33716
Brenda I Morris director 6300 MERRILL CREEK PARKWAY, SUITE B, EVERETT WA 98203
Greg Bettinelli director 4151 EAST 96TH STREET, INDIANAPOLIS IN 46240
Gene Eddie Burt director 19601 N 27TH AVE, PHOENIX AZ 85027
Bradley Morgan Weston director 7644 PEPITA WAY, LA JOLLA CA 92037
Lisa Laube director 2233 LAKE PARK DRIVE, STE. 400, SMYRNA GA 30080
Fs Equity Partners Vi, L.p. 10 percent owner 11100 SANTA MONICA BOULEVARD, SUITE 1900, LOS ANGELES CA 90025