Lions Gate Entertainment (Lions Gate Entertainment) Debt-to-EBITDA

: 1.47 (As of Dec. 2023)

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

Lions Gate Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $50 Mil. Lions Gate Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,238 Mil. Lions Gate Entertainment's annualized EBITDA for the quarter that ended in Dec. 2023 was $1,557 Mil. Lions Gate Entertainment's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.47.

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 Lions Gate Entertainment's Debt-to-EBITDA or its related term are showing as below:

LGF.B' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.01 Med: 1.56 Max: 14.58
Current: 2.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lions Gate Entertainment was 14.58. The lowest was 1.01. And the median was 1.56.

LGF.B's Debt-to-EBITDA is ranked worse than
61.28% of 674 companies
in the Media - Diversified industry
Industry Median: 1.65 vs LGF.B: 2.63

Lions Gate Entertainment Debt-to-EBITDA Historical Data

The historical data trend for Lions Gate Entertainment'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.

Lions Gate Entertainment Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

2.23

1.62

2.06

1.32

14.58

Lions Gate Entertainment 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																2.13	1.19	1.16	-1.33	1.47

Competitive Comparison

For the Entertainment subindustry, Lions Gate Entertainment'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.

Lions Gate Entertainment Debt-to-EBITDA Distribution

For the Media - Diversified industry and Communication Services sector, Lions Gate Entertainment's Debt-to-EBITDA distribution charts can be found below:

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

Lions Gate Entertainment Debt-to-EBITDA Calculation

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

Lions Gate Entertainment'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
	=	(41.4	+	1978.2)	/	138.5
	=	14.58

Lions Gate Entertainment'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
	=	(50.3	+	2238.2)	/	1556.8
	=	1.47

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.

Lions Gate Entertainment (NYSE:LGF.B) 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.

Lions Gate Entertainment Debt-to-EBITDA Related Terms

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

Lions Gate Entertainment (Lions Gate Entertainment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Lions Gate Entertainment Corp (NYSE:LGF.B) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

LGF.A:USA LGNA:Germany LGNA:Germany

Address

250 Howe Street, 20th Floor, Vancouver, BC, CAN, V6C 3R8

Website

https://www.lionsgate.com

Lions Gate Entertainment Corp is engaged in entertainment business. The company's segment includes Motion Picture, Television Production and Media Networks. It generates maximum revenue from the Television Production segment. Television Production segment consists of the development, production and worldwide distribution of television productions including television series, television movies and mini-series, and non-fiction programming.

Executives

Harkey John D Jr	director	305 MAIN STREET, REDWOOD CITY CA 94063
Bruce Tobey	officer: General Counsel	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
James W Barge	officer: Chief Financial Officer	VIACOM INC., 1515 BROADWAY, NEW YORK NY 10036
Gordon Crawford	director	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Harry Sloan	director, other: Chairman of the Board	1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Mignon L Clyburn	director	12601 PLANTSIDE DRIVE, LOUISVILLE KY 40299
Berg Corii D.	officer: General Counsel	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Yvette Ostolaza	director	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Daniel E. Sanchez	director	C/O DISCOVERY, INC., 8403 COLESVILLE ROAD, SILVER SPRING MD 20910
Susan Mccaw	director	LIONSGATE, 2700 COLORADO AVENUE, SANTA MONICA CA 90404
Michael Raymond Burns	director, officer: Vice Chairman	2700 COLORADO AVENUE, STE 200, SANTA MONICA CA 90404
John C Malone	director	12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian Goldsmith	officer: Chief Operating Officer	LIONS GATE ENTERTAINMENT CORP., 2700 COLORADO AVENUE, SANTA MONICA CA 90292
Mhr Institutional Advisors Iii Llc	10 percent owner	40 WEST 57 STREET, 24TH FLOOR, NEW YORK NY 10019
Mhr Institutional Partners Iii Lp	10 percent owner	40 WEST 57TH STREET, 24TH FLOOR, NEW YORK NY 10019