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Cranswick (LSE:CWK) Debt-to-EBITDA : 0.40 (As of Mar. 2024)


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What is Cranswick Debt-to-EBITDA?

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

Cranswick's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £17 Mil. Cranswick's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was £82 Mil. Cranswick's annualized EBITDA for the quarter that ended in Mar. 2024 was £246 Mil. Cranswick's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.40.

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

LSE:CWK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.12   Med: 0.46   Max: 1.05
Current: 0.39

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cranswick was 1.05. The lowest was 0.12. And the median was 0.46.

LSE:CWK's Debt-to-EBITDA is ranked better than
81.39% of 1435 companies
in the Consumer Packaged Goods industry
Industry Median: 2.12 vs LSE:CWK: 0.39

Cranswick Debt-to-EBITDA Historical Data

The historical data trend for Cranswick'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.

Cranswick Debt-to-EBITDA Chart

Cranswick Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.05 0.71 0.53 0.55 0.39

Cranswick Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 Premium Member Only 0.52 0.38 0.51 0.35 0.40

Competitive Comparison of Cranswick's Debt-to-EBITDA

For the Packaged Foods subindustry, Cranswick'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.


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

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

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



Cranswick Debt-to-EBITDA Calculation

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

Cranswick's Debt-to-EBITDA for the fiscal year 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
=(17.3 + 82.1) / 254
=0.39

Cranswick'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
=(17.3 + 82.1) / 246
=0.40

* 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 (Mar. 2024) EBITDA data.


Cranswick  (LSE:CWK) 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.


Cranswick Debt-to-EBITDA Related Terms

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


Cranswick (LSE:CWK) Business Description

Traded in Other Exchanges
Address
Ferriby Road, Crane Court, Hesslewood Country Office Park, East Yorkshire, Hessle, GBR, HU13 0PA
Cranswick PLC is a British supplier of fresh pork, sausages, cooked meats, pastry, and sandwiches through retail, food service, and manufacturing channels. The company operates through its food segment, which manufactures and supplies products to United Kingdom grocery retailers, the food-service sector, and other food producers. Retail customers contribute about three-fourths of the company's total revenue, through retailers' own-label products. Cranswick's operations are focused on the production and supply of premium food products and are located in the U.K., with a small proportion of exports. The company also owns pig-breeding and -rearing operations.