Cobram Estate Olives (ASX:CBO) Debt-to-EBITDA : 13.10 (As of Dec. 2023)

Cobram Estate Olives Debt-to-EBITDA Chart

Competitive Comparison of Cobram Estate Olives's Debt-to-EBITDA

For the Packaged Foods subindustry, Cobram Estate Olives'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.

Cobram Estate Olives's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Cobram Estate Olives's Debt-to-EBITDA falls into.

Cobram Estate Olives Debt-to-EBITDA Calculation

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

Cobram Estate Olives's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Cobram Estate Olives's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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 two times the quarterly (Dec. 2023) EBITDA data.

Cobram Estate Olives  (ASX:CBO) 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.

Cobram Estate Olives Debt-to-EBITDA Related Terms

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Cobram Estate Olives (ASX:CBO) Business Description