Stewart Enterprises, (FRA:SWX) Debt-to-EBITDA : 4.02 (As of Oct. 2013)

View and export this data going back to . Start your Free Trial

What is Stewart Enterprises, Debt-to-EBITDA?

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

Stewart Enterprises,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2013 was €62.1 Mil. Stewart Enterprises,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2013 was €177.0 Mil. Stewart Enterprises,'s annualized EBITDA for the quarter that ended in Oct. 2013 was €59.6 Mil. Stewart Enterprises,'s annualized Debt-to-EBITDA for the quarter that ended in Oct. 2013 was 4.01.

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 Stewart Enterprises,'s Debt-to-EBITDA or its related term are showing as below:

FRA:SWX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.08
Current: 3.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Stewart Enterprises, was 3.08. The lowest was 0.00. And the median was 0.00.

FRA:SWX's Debt-to-EBITDA is not ranked
in the Personal Services industry.
Industry Median: 3.81 vs FRA:SWX: 3.08

Stewart Enterprises, Debt-to-EBITDA Historical Data

The historical data trend for Stewart Enterprises,'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.

Stewart Enterprises, Debt-to-EBITDA Chart

Stewart Enterprises, Annual Data

Trend

Oct04

Oct05

Oct06

Oct07

Oct08

Oct09

Oct10

Oct11

Oct12

Oct13

Debt-to-EBITDA

Get a 7-Day Free Trial

4.32

3.26

2.78

3.04

3.08

Stewart Enterprises, Quarterly Data
	Jan09	Apr09	Jul09	Oct09	Jan10	Apr10	Jul10	Oct10	Jan11	Apr11	Jul11	Oct11	Jan12	Apr12	Jul12	Oct12	Jan13	Apr13	Jul13	Oct13
Debt-to-EBITDA	Get a 7-Day Free Trial															3.04	2.45	2.56	3.90	4.02

Competitive Comparison of Stewart Enterprises,'s Debt-to-EBITDA

For the Personal Services subindustry, Stewart Enterprises,'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.

Stewart Enterprises,'s Debt-to-EBITDA Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Stewart Enterprises,'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Stewart Enterprises,'s Debt-to-EBITDA falls into.

Stewart Enterprises, Debt-to-EBITDA Calculation

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

Stewart Enterprises,'s Debt-to-EBITDA for the fiscal year that ended in Oct. 2013 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(62.103	+	177.038)	/	77.535
	=	3.08

Stewart Enterprises,'s annualized Debt-to-EBITDA for the quarter that ended in Oct. 2013 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(62.103	+	177.038)	/	59.564
	=	4.01

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 (Oct. 2013) EBITDA data.

Stewart Enterprises, (FRA:SWX) 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.

Stewart Enterprises, Debt-to-EBITDA Related Terms

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

Stewart Enterprises, (FRA:SWX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Stewart Enterprises, Inc. (FRA:SWX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.stewartenterprises.com

Stewart Enterprises, Inc. was founded in 1910, and was incorporated as a Louisiana corporation in 1970 in the State of Louisiana. The Company is a provider of funeral and cemetery products and services in the death care industry in the United States. It owns and operates approximately 217 funeral homes and 141 cemeteries in 24 states within the United States and Puerto Rico. It sells cemetery property and funeral and cemetery products and services both at the time of need and on a preneed basis. The Company's funeral homes offer a complete range of funeral and cremation services and products both at the time of need and on a preneed basis. The Company's services and products include family consultation, removal and preparation of remains, the use of funeral home facilities for visitation, worship and funeral services, transportation services, flowers and caskets. Most of its funeral homes have a non-denominational chapel on the premises, which allows family visitation and religious services to take place at the same location. The Company's cemetery operations sell cemetery property and related merchandise, including lots, lawn crypts, family and community mausoleums, monuments, markers and burial vaults, and also provide burial site openings and closings and inscriptions. It also provides cremation memorialization options including columbariums, cremation niches and cremation gardens. Cemetery property and merchandise sales are made both at the time of need and on a preneed basis. The Company's funeral home and cemetery operations face competition in local markets that are served by numerous funeral home and cemetery firms. It also competes with monument dealers, casket retailers, low-cost funeral providers and crematories, and other non-traditional providers of services or products.