GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Suburban Propane Partners LP (NYSE:SPH) » Definitions » Debt-to-EBITDA
中文

Suburban Propane Partners LP (Suburban Propane Partners LP) Debt-to-EBITDA

: 5.82 (As of Dec. 2023)
View and export this data going back to 1996. Start your Free Trial

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

Suburban Propane Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $33 Mil. Suburban Propane Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,348 Mil. Suburban Propane Partners LP's annualized EBITDA for the quarter that ended in Dec. 2023 was $237 Mil. Suburban Propane Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.82.

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 Suburban Propane Partners LP's Debt-to-EBITDA or its related term are showing as below:

SPH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.95   Med: 4.63   Max: 5.65
Current: 5.65

During the past 13 years, the highest Debt-to-EBITDA Ratio of Suburban Propane Partners LP was 5.65. The lowest was 3.95. And the median was 4.63.

SPH's Debt-to-EBITDA is ranked worse than
71.3% of 460 companies
in the Utilities - Regulated industry
Industry Median: 3.535 vs SPH: 5.65

Suburban Propane Partners LP Debt-to-EBITDA Historical Data

The historical data trend for Suburban Propane Partners LP'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.

Suburban Propane Partners LP Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.60 5.27 4.21 4.67 5.11

Suburban Propane Partners LP 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 4.14 2.44 11.52 21.62 5.82

Competitive Comparison

For the Utilities - Regulated Gas subindustry, Suburban Propane Partners LP'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.


Suburban Propane Partners LP Debt-to-EBITDA Distribution

For the Utilities - Regulated industry and Utilities sector, Suburban Propane Partners LP's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Suburban Propane Partners LP's Debt-to-EBITDA falls into.



Suburban Propane Partners LP Debt-to-EBITDA Calculation

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

Suburban Propane Partners LP's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(33.562 + 1296.705) / 260.395
=5.11

Suburban Propane Partners LP'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
=(33.471 + 1347.63) / 237.152
=5.82

* 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.


Suburban Propane Partners LP  (NYSE:SPH) 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.


Suburban Propane Partners LP Debt-to-EBITDA Related Terms

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


Suburban Propane Partners LP (Suburban Propane Partners LP) Business Description

Traded in Other Exchanges
N/A
Address
240 Route 10 West, P.O. Box 206, Whippany, NJ, USA, 07981
Suburban Propane Partners LP distributes propane, fuel oil, and other refined fuels to customers in the East Coast and West Coast regions of the United States. Other operations include natural gas and electricity marketing in the deregulated New York and Pennsylvania markets. The company operates in three segments: Propane; Fuel Oil and Refined Fuels; and Natural Gas and Electricity. It generates maximum revenue from Propane segment.
Executives
Michael A Stivala officer: Controller C/O SUBURBAN PROPANE PARTNERS LP, P O BOX 206, WHIPPANY NJ 07981
Douglas Brinkworth officer: Vice President, Product Supply C/O SUBURBAN PROPANE PARTERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Nandini Sankara officer: VP Mark. & Brand Strategy 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Samuel Hodges officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Brent Stubbs officer: VP - Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Alejandro Centeno officer: VP, Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Logan Harold R Jr director
Rommel Oates director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Amy Adams director 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Michael A Schueler officer: Vice President-Product Supply C/O SUBURBAN PROPANE, 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Bryon L Koepke officer: VP,Gen.Counsel & Secretary 240 ROUTE 10 WEST, WHIPPANY NJ 07981
Dee Arthur Tate officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Daniel W. Boyd officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPANNY NJ 07981-0206
Gregory L. Boyd officer: Vice President-Area Operations 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206
Francesca Cleffi officer: Vice President,Human Resources C/O SUBURBAN PROPANE PARTNERS, L.P., 240 ROUTE 10 WEST, WHIPPANY NJ 07981-0206