George Weston (TSX:WN.PR.C.PFD) Debt-to-EBITDA : 4.05 (As of Dec. 2023)

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What is George Weston Debt-to-EBITDA?

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

George Weston's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$4,098.00 Mil. George Weston's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$17,204.00 Mil. George Weston's annualized EBITDA for the quarter that ended in Dec. 2023 was C$5,264.00 Mil. George Weston's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.05.

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 George Weston's Debt-to-EBITDA or its related term are showing as below:

TSX:WN.PR.C.PFD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.9 Med: 3.57 Max: 5.94
Current: 2.95

During the past 13 years, the highest Debt-to-EBITDA Ratio of George Weston was 5.94. The lowest was 2.90. And the median was 3.57.

TSX:WN.PR.C.PFD's Debt-to-EBITDA is ranked worse than
57.87% of 254 companies
in the Retail - Defensive industry
Industry Median: 2.675 vs TSX:WN.PR.C.PFD: 2.95

George Weston Debt-to-EBITDA Historical Data

The historical data trend for George Weston'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.

George Weston Debt-to-EBITDA Chart

George Weston Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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4.48

3.70

3.32

2.90

2.95

George Weston 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															4.30	2.96	2.79	2.34	4.05

Competitive Comparison of George Weston's Debt-to-EBITDA

For the Grocery Stores subindustry, George Weston'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.

George Weston's Debt-to-EBITDA Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, George Weston's Debt-to-EBITDA distribution charts can be found below:

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

George Weston Debt-to-EBITDA Calculation

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

George Weston'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
	=	(4098	+	17204)	/	7215
	=	2.95

George Weston'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
	=	(4098	+	17204)	/	5264
	=	4.05

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.

George Weston (TSX:WN.PR.C.PFD) 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.

George Weston Debt-to-EBITDA Related Terms

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

George Weston (TSX:WN.PR.C.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » George Weston Ltd (TSX:WN.PR.C.PFD) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

WNGRF:USA WN.PR.E.PFD:Canada WN.PR.D.PFD:Canada WN.PR.A.PFD:Canada WN:Canada

Address

22 St. Clair Avenue East, Suite 1901, Toronto, ON, CAN, M4T 2S7

Website

https://www.weston.ca

George Weston is a holding company that controls a 53% stake in retailer Loblaw and a 62% stake in Choice Properties, a real estate investment trust. Loblaw boasts the largest retail footprint across Canada with 2,500 food retail and pharmacy stores under banners such as Loblaw, No-Frills, Maxi, and Shoppers Drug Mart. Meanwhile, open-ended Choice Properties REIT owns and manages 702 commercial and residential properties in Canada, generating 57% of its gross rental revenue from its largest tenant Loblaw. Previously, George Weston sold its wholly owned bakery Weston Foods in 2022. The firm is controlled by the Weston family, which owns a 65% stake.

George Weston (TSX:WN.PR.C.PFD) Headlines

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