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International Meal Co Alimentacao (BSP:MEAL3) Debt-to-EBITDA : 3.43 (As of Dec. 2023)


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What is International Meal Co Alimentacao Debt-to-EBITDA?

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

International Meal Co Alimentacao's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$177 Mil. International Meal Co Alimentacao's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$1,003 Mil. International Meal Co Alimentacao's annualized EBITDA for the quarter that ended in Dec. 2023 was R$344 Mil. International Meal Co Alimentacao's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.43.

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

BSP:MEAL3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.92   Med: 3.39   Max: 14.29
Current: 3.81

During the past 13 years, the highest Debt-to-EBITDA Ratio of International Meal Co Alimentacao was 14.29. The lowest was -2.92. And the median was 3.39.

BSP:MEAL3's Debt-to-EBITDA is ranked worse than
58.91% of 275 companies
in the Restaurants industry
Industry Median: 2.98 vs BSP:MEAL3: 3.81

International Meal Co Alimentacao Debt-to-EBITDA Historical Data

The historical data trend for International Meal Co Alimentacao'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.

International Meal Co Alimentacao Debt-to-EBITDA Chart

International Meal Co Alimentacao 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 4.60 -2.92 9.60 2.80 3.86

International Meal Co Alimentacao 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 1.05 6.31 3.26 2.98 3.43

Competitive Comparison of International Meal Co Alimentacao's Debt-to-EBITDA

For the Restaurants subindustry, International Meal Co Alimentacao'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.


International Meal Co Alimentacao's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, International Meal Co Alimentacao's Debt-to-EBITDA distribution charts can be found below:

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



International Meal Co Alimentacao Debt-to-EBITDA Calculation

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

International Meal Co Alimentacao'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
=(176.724 + 1003.246) / 305.735
=3.86

International Meal Co Alimentacao'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
=(176.724 + 1003.246) / 344.012
=3.43

* 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.


International Meal Co Alimentacao  (BSP:MEAL3) 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.


International Meal Co Alimentacao Debt-to-EBITDA Related Terms

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


International Meal Co Alimentacao (BSP:MEAL3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida das Nacoes Unidas, 4.777, 12th Floor, Jardim Universidade Pinheiros, Sao Paulo, SP, BRA, 5477902
International Meal Co Alimentacao SA is a Brazil-based company principally engaged in the sale of food and beverages to restaurants, snack bars, coffee shops, cafes on motorways, airports, shopping malls, and airline catering services. It also subleases stores and spaces for promotional and commercial purposes in its store chain, upon the sale of fuel, and provides general services related to these segments. The company operates in five segments: Shopping malls, Airports, Highways, the United States of America (USA), and Others. Some of its brands are Viena, Olive Garden, Margaritaville, KFC Brazil, and Pizza Hut Brazil. Its geographical segments are Brazil, The Caribbean, and the USA.

International Meal Co Alimentacao (BSP:MEAL3) Headlines

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