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Livestock Improvement (NZSE:LIC) Debt-to-EBITDA : 0.00 (As of Nov. 2023)


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What is Livestock Improvement Debt-to-EBITDA?

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

Livestock Improvement's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was NZ$0.0 Mil. Livestock Improvement's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was NZ$0.0 Mil. Livestock Improvement's annualized EBITDA for the quarter that ended in Nov. 2023 was NZ$103.3 Mil. Livestock Improvement's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was 0.00.

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 Livestock Improvement's Debt-to-EBITDA or its related term are showing as below:

NZSE:LIC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.08   Med: 0.4   Max: 1.91
Current: 0.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of Livestock Improvement was 1.91. The lowest was 0.08. And the median was 0.40.

NZSE:LIC's Debt-to-EBITDA is ranked better than
78.46% of 1430 companies
in the Consumer Packaged Goods industry
Industry Median: 2.125 vs NZSE:LIC: 0.51

Livestock Improvement Debt-to-EBITDA Historical Data

The historical data trend for Livestock Improvement'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.

Livestock Improvement Debt-to-EBITDA Chart

Livestock Improvement Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.45 0.08 0.34 0.27 0.51

Livestock Improvement Semi-Annual Data
Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 Nov23
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 -1.28 - -0.35 - -

Competitive Comparison of Livestock Improvement's Debt-to-EBITDA

For the Farm Products subindustry, Livestock Improvement'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.


Livestock Improvement's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Livestock Improvement Debt-to-EBITDA Calculation

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

Livestock Improvement's Debt-to-EBITDA for the fiscal year that ended in May. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.442 + 14.631) / 35.649
=0.51

Livestock Improvement's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 103.326
=0.00

* 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 (Nov. 2023) EBITDA data.


Livestock Improvement  (NZSE:LIC) 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.


Livestock Improvement Debt-to-EBITDA Related Terms

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


Livestock Improvement (NZSE:LIC) Business Description

Traded in Other Exchanges
N/A
Address
605 Ruakura Road, Newstead, Hamilton, NTL, NZL, 3286
Livestock Improvement Corp Ltd is an agri-tech and herd improvement company. The company's operating segments include NZ market genetics; Herd testing; Farm software and Diagnostics. It generates maximum revenue from the NZ market genetics segment. The NZ market genetics segment provides bovine genetic breeding material and related services, predominately to dairy farmers. Geographically, it derives a majority of revenue from New Zealand.

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