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AeroGrow International (AeroGrow International) Debt-to-EBITDA : 0.45 (As of Dec. 2020)


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What is AeroGrow International Debt-to-EBITDA?

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

AeroGrow International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $6.67 Mil. AeroGrow International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2020 was $1.99 Mil. AeroGrow International's annualized EBITDA for the quarter that ended in Dec. 2020 was $19.48 Mil. AeroGrow International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2020 was 0.44.

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 AeroGrow International's Debt-to-EBITDA or its related term are showing as below:

AERO's Debt-to-EBITDA is not ranked *
in the Retail - Cyclical industry.
Industry Median: 2.685
* Ranked among companies with meaningful Debt-to-EBITDA only.

AeroGrow International Debt-to-EBITDA Historical Data

The historical data trend for AeroGrow International'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.

AeroGrow International Debt-to-EBITDA Chart

AeroGrow International Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.45 -0.06 -1.23 0.21 2.38

AeroGrow International Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 0.85 0.39 0.20 0.72 0.45

Competitive Comparison of AeroGrow International's Debt-to-EBITDA

For the Home Improvement Retail subindustry, AeroGrow International'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.


AeroGrow International's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

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

* The bar in red indicates where AeroGrow International's Debt-to-EBITDA falls into.



AeroGrow International Debt-to-EBITDA Calculation

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

AeroGrow International's Debt-to-EBITDA for the fiscal year that ended in Mar. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.104 + 2.101) / 0.928
=2.38

AeroGrow International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6.671 + 1.99) / 19.484
=0.44

* 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. 2020) EBITDA data.


AeroGrow International  (OTCPK:AERO) 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.


AeroGrow International Debt-to-EBITDA Related Terms

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


AeroGrow International (AeroGrow International) Business Description

Traded in Other Exchanges
N/A
Address
5405 Spine Road, Boulder, CO, USA, 80301
AeroGrow International Inc is engaged in the manufacturing and distribution of indoor aeroponic gardening systems. The company operates its business through two segments: Direct-to-Consumer and Retail. It offers multiple lines of proprietary indoor gardens, grow lights, a patented nutrient formula, proprietary seed pod kits, and various cooking, gardening and decor accessories in the United States and Canada, as well as selected countries in Europe. The company operates in a broad spectrum of market sectors, including gardener market, cooking and healthy eating market, and home and office decor market. It generates maximum revenue from Retail segment.
Executives
John K Thompson officer: EVP Marketing 6075 LONGBOW DR. SUITE 200 BOULDER CO 80301
J Michael Wolfe officer: President and CEO 6075 LONGBOW DR. SUITE 200 BOULDER CO 80301
Jack Jonas Walker director 2105 11TH STREET BOULDER CO 80302
Harding Wayne Edward Iii director 6075 LONGBOW DRIVE STE 200 BOULDER CO 80301
Smg Growing Media, Inc. 10 percent owner 14111 SCOTTSLAWN ROAD MARYSVILLE OH 43041
Grey H Gibbs officer: SVP-Finance and Accounting 3566 LARKSPUR CT. LONGMONT CO 80503
E Jeffrey Peierls 10 percent owner 73 SOUTH HOLMAN WAY, GOLDEN CO 80401
Michael S Barish director 2401 EAST SECOND AVENUE, SUITE 400, DENVER CO 80206
Scotts Miracle-gro Co 10 percent owner 14111 SCOTTSLAWN ROAD N/A MARYSVILLE OH 43041
Lazarus Investment Partners Lllp 10 percent owner C/O IBEX INVESTORS LLC, 260 NORTH JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Justin B Borus 10 percent owner 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Lazarus Management Co Llc 10 percent owner 260 N. JOSEPHINE STREET, SUITE 300, DENVER CO 80206
Brian E Peierls 10 percent owner 7808 HARVESTMAN COVE, AUSTIN TX 78731
Christopher Hagedorn director 14111 SCOTTSLAWN ROAD, MARYSVILLE OH 43041
H Macgregor Clarke director, officer: Chief Financial Officer 6075 LONGBOW DR. SUITE 200 BOULDER CO 80301

AeroGrow International (AeroGrow International) Headlines