Marks Electrical Group (LSE:MRK) Debt-to-EBITDA : 0.23 (As of Sep. 2023)

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What is Marks Electrical Group Debt-to-EBITDA?

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

Marks Electrical Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.9 Mil. Marks Electrical Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.0 Mil. Marks Electrical Group's annualized EBITDA for the quarter that ended in Sep. 2023 was £3.9 Mil. Marks Electrical Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.23.

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 Marks Electrical Group's Debt-to-EBITDA or its related term are showing as below:

LSE:MRK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.13 Med: 0.48 Max: 1.9
Current: 0.13

During the past 5 years, the highest Debt-to-EBITDA Ratio of Marks Electrical Group was 1.90. The lowest was 0.13. And the median was 0.48.

LSE:MRK's Debt-to-EBITDA is ranked better than
95.71% of 840 companies
in the Retail - Cyclical industry
Industry Median: 2.625 vs LSE:MRK: 0.13

Marks Electrical Group Debt-to-EBITDA Historical Data

The historical data trend for Marks Electrical Group'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.

Marks Electrical Group Debt-to-EBITDA Chart

Marks Electrical Group Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

1.90

1.88

0.28

0.48

0.18

Marks Electrical Group Semi-Annual Data
	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial				0.29	0.49	0.34	0.14	0.23

Competitive Comparison of Marks Electrical Group's Debt-to-EBITDA

For the Internet Retail subindustry, Marks Electrical Group'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.

Marks Electrical Group's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Marks Electrical Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Marks Electrical Group's Debt-to-EBITDA falls into.

Marks Electrical Group Debt-to-EBITDA Calculation

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

Marks Electrical Group's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.921	+	0.473)	/	7.837
	=	0.18

Marks Electrical Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.862	+	0.048)	/	3.92
	=	0.23

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 (Sep. 2023) EBITDA data.

Marks Electrical Group (LSE:MRK) 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.

Marks Electrical Group Debt-to-EBITDA Related Terms

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

Marks Electrical Group (LSE:MRK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Marks Electrical Group PLC (LSE:MRK) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

4 Boston Road, Leicester, GBR, LE4 1AU

Website

https://www.markselectrical.co.uk

Marks Electrical Group PLC sells, delivers, installs, and recycles a wide range of household electrical products. Primarily through its retail website - markselectrical.co.uk, the company offers over 3,000 products from over fifty brands across its main product categories, which include Cooking, Refrigeration, Washers & Dryers, Dishwashers and Audio-Visual. These products are sourced from UK distributors of the brands, with whom the group maintains strong and direct relationships. Delivery to customers is operated by its own skilled team of delivery drivers in its owned and branded vehicles, who are also able to offer installation and recycling services.