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Jamieson Wellness (TSX:JWEL) Debt-to-EBITDA : 1.82 (As of Dec. 2023)


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What is Jamieson Wellness Debt-to-EBITDA?

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

Jamieson Wellness's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.0 Mil. Jamieson Wellness's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$325.0 Mil. Jamieson Wellness's annualized EBITDA for the quarter that ended in Dec. 2023 was C$178.2 Mil. Jamieson Wellness's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.82.

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 Jamieson Wellness's Debt-to-EBITDA or its related term are showing as below:

TSX:JWEL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -30.59   Med: 2.33   Max: 32.32
Current: 2.99

During the past 10 years, the highest Debt-to-EBITDA Ratio of Jamieson Wellness was 32.32. The lowest was -30.59. And the median was 2.33.

TSX:JWEL's Debt-to-EBITDA is ranked worse than
59.79% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs TSX:JWEL: 2.99

Jamieson Wellness Debt-to-EBITDA Historical Data

The historical data trend for Jamieson Wellness'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.

Jamieson Wellness Debt-to-EBITDA Chart

Jamieson Wellness Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.68 1.98 1.65 3.99 2.99

Jamieson Wellness 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 2.43 5.07 4.02 3.21 1.82

Competitive Comparison of Jamieson Wellness's Debt-to-EBITDA

For the Packaged Foods subindustry, Jamieson Wellness'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.


Jamieson Wellness's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Jamieson Wellness's Debt-to-EBITDA distribution charts can be found below:

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



Jamieson Wellness Debt-to-EBITDA Calculation

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

Jamieson Wellness'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
=(0 + 325) / 108.778
=2.99

Jamieson Wellness'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
=(0 + 325) / 178.204
=1.82

* 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.


Jamieson Wellness  (TSX:JWEL) 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.


Jamieson Wellness Debt-to-EBITDA Related Terms

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


Jamieson Wellness (TSX:JWEL) Business Description

Traded in Other Exchanges
Address
1 Adelaide Street East, Suite 2200, Toronto, ON, CAN, M5C 2V9
Jamieson Wellness Inc is engaged in the manufacturing, distributing, and marketing of branded natural health products, including vitamins, minerals, and supplements. The company operates in two segments: The Jamieson brands and The Strategic Partners. The majority of its revenue comes from the Jamieson brand segment. Some of its brands are Jamieson, Progressive, Precision, and Iron Vegan. Geographically, most of its revenue is derived from the domestic market.
Executives
Donald Bird Senior Officer