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J&J Snack Foods (J&J Snack Foods) Debt-to-EBITDA : 1.35 (As of Dec. 2023)


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What is J&J Snack Foods Debt-to-EBITDA?

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

J&J Snack Foods's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $18 Mil. J&J Snack Foods's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $129 Mil. J&J Snack Foods's annualized EBITDA for the quarter that ended in Dec. 2023 was $109 Mil. J&J Snack Foods's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.35.

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 J&J Snack Foods's Debt-to-EBITDA or its related term are showing as below:

JJSF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.96
Current: 0.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of J&J Snack Foods was 0.96. The lowest was 0.00. And the median was 0.01.

JJSF's Debt-to-EBITDA is ranked better than
70.62% of 1426 companies
in the Consumer Packaged Goods industry
Industry Median: 2.145 vs JJSF: 0.83

J&J Snack Foods Debt-to-EBITDA Historical Data

The historical data trend for J&J Snack Foods'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.

J&J Snack Foods Debt-to-EBITDA Chart

J&J Snack Foods Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.83 0.49 0.96 0.70

J&J Snack Foods Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only 1.46 1.42 0.66 0.51 1.35

Competitive Comparison of J&J Snack Foods's Debt-to-EBITDA

For the Packaged Foods subindustry, J&J Snack Foods'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.


J&J Snack Foods's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, J&J Snack Foods's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where J&J Snack Foods's Debt-to-EBITDA falls into.



J&J Snack Foods Debt-to-EBITDA Calculation

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

J&J Snack Foods's Debt-to-EBITDA for the fiscal year 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
=(16.679 + 105.231) / 175.402
=0.70

J&J Snack Foods'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
=(18.093 + 129.175) / 109.092
=1.35

* 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.


J&J Snack Foods  (NAS:JJSF) 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.


J&J Snack Foods Debt-to-EBITDA Related Terms

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


J&J Snack Foods (J&J Snack Foods) Business Description

Traded in Other Exchanges
Address
350 Fellowship Road, Mt. Laurel, NJ, USA, 08054
J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.
Executives
Dan Fachner officer: President, ICEE 1205 DUPONT CIRCLE, ONTARIO CA 91761-7817
Marjorie Shreiber Roshkoff director 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Mary Lou Kehoe officer: VP, Human Resources 9 GITHENS LANE, LUMBERTON NJ 08048
Stephen Every officer: COO, The ICEE Co C/O J & J SNACK FOODS CORP., 6000 CENTRAL HIGHWAY, PENNSAUKEN PA 08109
Robert Cranmer officer: Senior VP, Operations 3 EAST DICKENS COURT, JACKSON NJ 08527
Mary Meder director 201 S. 18TH ST #2416, PHILADELPHIA PA 19103
Gerald B Shreiber director, 10 percent owner, officer: President and CEO 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Roy Christopher Jackson director 1040 BRICKYARD LANE, GREENSBORO GA 30642
Michael A Pollner officer: SVP, General Counsel & Secy. C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
Robert Joseph Pape officer: Senior Vice President 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
2021 Irrevocable Trust For Gerald B. Shreiber 10 percent owner 6000 CENTRAL HIGHWAY, PENNSAUKEN PA 08109
Lynwood Mallard officer: Senior Vice President and CMO C/O J & J SNACK FOODS CORP., 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109
Dennis G Moore director, officer: Sr. Vice President 6000 CNTRAL HIGHWAY, PENNSAUKEN NJ 08109
Robert M Radano director, officer: Senior Vice President 6000 CNTRAL HIGHWAY, PENNSAUKEN NJ 08109
Ken Allen Plunk officer: Senior Vice President and CFO 6000 CENTRAL HIGHWAY, PENNSAUKEN NJ 08109