Life Time Group Holdings (Life Time Group Holdings) Debt-to-EBITDA

: 8.68 (As of Dec. 2023)

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

Life Time Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $133 Mil. Life Time Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,128 Mil. Life Time Group Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $491 Mil. Life Time Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 8.68.

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

LTH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -36.38 Med: 9.07 Max: 11.89
Current: 9.08

During the past 6 years, the highest Debt-to-EBITDA Ratio of Life Time Group Holdings was 11.89. The lowest was -36.38. And the median was 9.07.

LTH's Debt-to-EBITDA is ranked worse than
83.55% of 620 companies
in the Travel & Leisure industry
Industry Median: 2.875 vs LTH: 9.08

Life Time Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for Life Time Group 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.

Life Time Group Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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9.71

-36.38

-14.45

11.89

9.07

Life Time Group Holdings Quarterly Data
	Dec18	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial												9.88	8.23	9.33	9.47	8.68

Competitive Comparison

For the Leisure subindustry, Life Time Group 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.

Life Time Group Holdings Debt-to-EBITDA Distribution

For the Travel & Leisure industry and Consumer Cyclical sector, Life Time Group Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Life Time Group Holdings Debt-to-EBITDA Calculation

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

Life Time Group 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
	=	(132.612	+	4127.89)	/	469.607
	=	9.07

Life Time Group 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
	=	(132.612	+	4127.89)	/	490.848
	=	8.68

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.

Life Time Group Holdings (NYSE:LTH) 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.

Life Time Group Holdings Debt-to-EBITDA Related Terms

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

Life Time Group Holdings (Life Time Group Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Life Time Group Holdings Inc (NYSE:LTH) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

2902 Corporate Place, Chanhassen, MN, USA, 55317

Website

https://www.lifetime.life

Life Time Group Holdings Inc is engaged in designing, building, and operating distinctive and large, multi-use sports and athletic, professional fitness, family recreation and spa centres in a resort-like environment, principally in residential locations of metropolitan areas in the United States and Canada.

Executives

Bahram Akradi	director, 10 percent owner, officer: Founder & CEO	2902 CORPORATE PLACE, CHANHASSEN MN 55317
Erik Weaver	officer: SVP & Controller	C/O ORTHO-CLINICAL DIAGNOSTICS, INC., 1001 ROUTE 202, RARITAN NJ 08869
Robert P. Houghton	officer: EVP & CHIEF FINANCIAL OFFICER	2902 CORPORATE PLACE, CHANHASSEN MN 55317
Teacher Retirement System Of Texas	other: Member of a group that is 10%	1000 RED RIVER STREET, AUSTIN TX 78701
Donna Coallier	director	2902 CORPORATE PLACE, CHANHASSEN MN 55317
Jon Winkelried	10 percent owner	C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Tpg Gp A, Llc	10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Jimena Almendares	director	C/O LIFE TIME GROUP HOLDINGS, INC., 2902 CORPORATE PLACE, CHANHASSEN MN 55317
Lnk Life Time Fund, L.p.	director, 10 percent owner	81 MAIN STREET, WHITE PLAINS NY 10601
Partners Group Private Equity (master Fund), Llc	10 percent owner	1114 AVENUE OF THE AMERICAS, 37TH FLOOR, NEW YORK NY 10036
Green Ltf Holdings Ii Lp	director, 10 percent owner	11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Simon Property Group Inc /de/	10 percent owner	225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204-3438
John Kristofer Galashan	director, 10 percent owner	LEONARD, GREEN & PARTNERS, 11111 SANTA MONICA BLVD., SUITE 2000, LOS ANGELES CA 90025
Jss Ltf Holdings Ltd	10 percent owner	MARCY BUILDING, PURCELL ESTATE, P.O. BOX 2416, ROAD TOWN, TORTOLA D8 VG1110
Lifeco Llc	10 percent owner	499 PARK AVENUE, 24TH FLOOR, NEW YORK NY 10022