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Pet Valu Holdings (TSX:PET) Debt-to-EBITDA : 3.57 (As of Mar. 2024)


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What is Pet Valu Holdings Debt-to-EBITDA?

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

Pet Valu Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$83 Mil. Pet Valu Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$656 Mil. Pet Valu Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was C$207 Mil. Pet Valu Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.57.

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

TSX:PET' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.95   Med: 3.42   Max: 6.97
Current: 3.34

During the past 6 years, the highest Debt-to-EBITDA Ratio of Pet Valu Holdings was 6.97. The lowest was 2.95. And the median was 3.42.

TSX:PET's Debt-to-EBITDA is ranked worse than
59.38% of 842 companies
in the Retail - Cyclical industry
Industry Median: 2.685 vs TSX:PET: 3.34

Pet Valu Holdings Debt-to-EBITDA Historical Data

The historical data trend for Pet Valu 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.

Pet Valu Holdings Debt-to-EBITDA Chart

Pet Valu Holdings Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 6.97 6.71 2.95 2.97 3.42

Pet Valu Holdings Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.10 3.12 3.31 2.78 3.57

Competitive Comparison of Pet Valu Holdings's Debt-to-EBITDA

For the Specialty Retail subindustry, Pet Valu 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.


Pet Valu Holdings's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Pet Valu Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Pet Valu Holdings Debt-to-EBITDA Calculation

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

Pet Valu 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
=(81.818 + 655.307) / 215.414
=3.42

Pet Valu Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(83.449 + 656.278) / 207.42
=3.57

* 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 (Mar. 2024) EBITDA data.


Pet Valu Holdings  (TSX:PET) 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.


Pet Valu Holdings Debt-to-EBITDA Related Terms

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


Pet Valu Holdings (TSX:PET) Business Description

Traded in Other Exchanges
Address
130 Royal Crest Court, Markham, ON, CAN, L3R0A1
Pet Valu Holdings Ltd is engaged in providing pet-related products through its stores. Its products include Dry Food, Wet Food, Frozen raw food, Jerky Treats, and Training treats among others. The services offered by the company include Dog Wash, Adoption, Grooming, and Frozen Raw.