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Snap One Holdings (Snap One Holdings) Debt-to-EBITDA : 8.38 (As of Dec. 2023)


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What is Snap One Holdings Debt-to-EBITDA?

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

Snap One Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $15 Mil. Snap One Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $548 Mil. Snap One Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $67 Mil. Snap One Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 8.38.

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 Snap One Holdings's Debt-to-EBITDA or its related term are showing as below:

SNPO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.8   Med: 9.61   Max: 28.34
Current: 6.8

During the past 5 years, the highest Debt-to-EBITDA Ratio of Snap One Holdings was 28.34. The lowest was 6.80. And the median was 9.61.

SNPO's Debt-to-EBITDA is ranked worse than
84.65% of 1726 companies
in the Hardware industry
Industry Median: 1.815 vs SNPO: 6.80

Snap One Holdings Debt-to-EBITDA Historical Data

The historical data trend for Snap One Holdings'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.

Snap One Holdings Debt-to-EBITDA Chart

Snap One Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
28.34 9.61 10.89 6.91 6.80

Snap One Holdings Quarterly Data
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 7.49 13.19 5.85 4.87 8.38

Competitive Comparison of Snap One Holdings's Debt-to-EBITDA

For the Electronics & Computer Distribution subindustry, Snap One Holdings'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.


Snap One Holdings's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Snap One Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Snap One Holdings's Debt-to-EBITDA falls into.



Snap One Holdings Debt-to-EBITDA Calculation

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

Snap One Holdings'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
=(15.356 + 547.71) / 82.812
=6.80

Snap One Holdings'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
=(15.356 + 547.71) / 67.224
=8.38

* 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.


Snap One Holdings  (NAS:SNPO) 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.


Snap One Holdings Debt-to-EBITDA Related Terms

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


Snap One Holdings (Snap One Holdings) Business Description

Traded in Other Exchanges
Address
1800 Continental Boulevard, Suite 200, Charlotte, NC, USA, 28273
Snap One Holdings Corp provides products, services, and software to its network of professional integrators that enable them to deliver smart living experiences for their residential and business end users. The Company's hardware and software portfolio includes proprietary and third-party offerings across connected, infrastructure, and entertainment categories. Additionally, the Company provides value-added services and workflow solutions to support integrators throughout the project lifecycle, enhancing their operations.
Executives
John H Heyman director, officer: Chief Executive Officer 3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Ryan Francis Marsh other: Executive VP of Sales C/O SNAP ONE HOLDINGS CORP.,, 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Kathleen Ann Creech officer: Chief People Officer C/O SNAP ONE HOLDINGS CORP., 1800, CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Jefferson Dungan officer: Chief Operations Officer C/O CONTROL4 CORPORATION, 11734 S. ELECTION ROAD, SALT LAKE CITY UT 84020
Thomas Hendrickson director 16234 SANDSTONE DRIVE, MORRISON CO 80465
Michael Carlet officer: Chief Financial Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Galen Paul Hess officer: Chief Product Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Jeffrey Hindman officer: Chief Revenue Officer C/O SNAP ONE HOLDINGS CORP., 1800 CONTINENTAL BLVD., SUITE 200, CHARLOTTE NC 28273
Adalio T Sanchez director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Joshua D. Ellis officer: Chief Legal Officer CONTROL4 CORP., 11734 S. ELECTION ROAD, SALT LAKE CITY UT 84020
H&f Associates Viii, L.p. 10 percent owner ONE MARITINE PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
H&f Corporate Investors Viii, Ltd. 10 percent owner 415 MISSION STREET, SUITE 5700, SAN FRANCISCO CA 94105
Hellman & Friedman Investors Viii, L.p. 10 percent owner 415 MISSION STREET, SUITE 5700, SAN FRANCISCO CA 94105
H&f Executives Viii, L.p. 10 percent owner ONE MARITIME PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111
Hellman & Friedman Capital Partners Viii, L.p. 10 percent owner ONE MARITINE PLAZA, 12TH FLOOR, SAN FRANCISCO CA 94111