Heavitree Brewery (LSE:HVT) Debt-to-EBITDA : 0.99 (As of Oct. 2023)

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What is Heavitree Brewery Debt-to-EBITDA?

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

Heavitree Brewery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £2.10 Mil. Heavitree Brewery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.09 Mil. Heavitree Brewery's annualized EBITDA for the quarter that ended in Oct. 2023 was £2.21 Mil. Heavitree Brewery's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was 0.99.

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 Heavitree Brewery's Debt-to-EBITDA or its related term are showing as below:

LSE:HVT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.92 Med: 3.05 Max: 7.97
Current: 0.98

During the past 13 years, the highest Debt-to-EBITDA Ratio of Heavitree Brewery was 7.97. The lowest was 0.92. And the median was 3.05.

LSE:HVT's Debt-to-EBITDA is ranked better than
84.06% of 276 companies
in the Restaurants industry
Industry Median: 2.99 vs LSE:HVT: 0.98

Heavitree Brewery Debt-to-EBITDA Historical Data

The historical data trend for Heavitree Brewery'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.

Heavitree Brewery Debt-to-EBITDA Chart

Heavitree Brewery Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-EBITDA

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2.72

7.97

3.63

0.92

0.98

Heavitree Brewery Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-EBITDA	Get a 7-Day Free Trial															1.92	-	0.86	-	0.99

Competitive Comparison of Heavitree Brewery's Debt-to-EBITDA

For the Restaurants subindustry, Heavitree Brewery'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.

Heavitree Brewery's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Heavitree Brewery's Debt-to-EBITDA distribution charts can be found below:

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

Heavitree Brewery Debt-to-EBITDA Calculation

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

Heavitree Brewery's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.101	+	0.086)	/	2.227
	=	0.98

Heavitree Brewery's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.101	+	0.086)	/	2.206
	=	0.99

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 (Oct. 2023) EBITDA data.

Heavitree Brewery (LSE:HVT) 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.

Heavitree Brewery Debt-to-EBITDA Related Terms

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

Heavitree Brewery (LSE:HVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Heavitree Brewery PLC (LSE:HVT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

HVTA:UK

Address

Heavitree Brewery, Trood Lane, Matford, Exeter, GBR, EX2 8YP

Website

https://www.heavitreebrewery.co.uk

Heavitree Brewery PLC is a UK-based company engaged in the business of leasing and operating public houses. Its geographical segments include the United Kingdom and the United States. The firm mainly involves running and developing tenanted and leased estate. The company owns over 60 pubs which include The Anchor Inn, The Ashcott Inn, The Atmospheric Railway, The Beach Hotel, The Bell Inn, The Brunswick Arms, and others. It also owns land in the United States through its subsidiary while the majority of its revenues are generated from the pubs that it owns in the United Kingdom.