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SelectQuote (SelectQuote) Debt-to-EBITDA : 4.48 (As of Mar. 2024)


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What is SelectQuote Debt-to-EBITDA?

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

SelectQuote's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $42 Mil. SelectQuote's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $671 Mil. SelectQuote's annualized EBITDA for the quarter that ended in Mar. 2024 was $159 Mil. SelectQuote's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.48.

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

SLQT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.32   Med: 1.36   Max: 18.62
Current: 12.82

During the past 6 years, the highest Debt-to-EBITDA Ratio of SelectQuote was 18.62. The lowest was -2.32. And the median was 1.36.

SLQT's Debt-to-EBITDA is ranked worse than
97.32% of 298 companies
in the Insurance industry
Industry Median: 1.415 vs SLQT: 12.82

SelectQuote Debt-to-EBITDA Historical Data

The historical data trend for SelectQuote'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.

SelectQuote Debt-to-EBITDA Chart

SelectQuote Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.25 2.28 2.48 -2.32 18.62

SelectQuote Quarterly Data
Jun19 Sep19 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 Premium Member Only 4.49 -6.34 -11.03 2.96 4.48

Competitive Comparison of SelectQuote's Debt-to-EBITDA

For the Insurance Brokers subindustry, SelectQuote'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.


SelectQuote's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, SelectQuote's Debt-to-EBITDA distribution charts can be found below:

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



SelectQuote Debt-to-EBITDA Calculation

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

SelectQuote's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(39.888 + 692.615) / 39.343
=18.62

SelectQuote'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
=(42.38 + 670.657) / 159.016
=4.48

* 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.


SelectQuote  (NYSE:SLQT) 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.


SelectQuote Debt-to-EBITDA Related Terms

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


SelectQuote (SelectQuote) Business Description

Traded in Other Exchanges
Address
6800 West 115th Street, Suite 2511, Overland Park, KS, USA, 66211
SelectQuote Inc is a Direct-to-consumer (DTC) distribution platform which facilitates consumers to shop for health, life and auto & home insurance policies online. The company generates its revenues by selling insurance products on behalf of the insurance carrier partners in the form of commission. It functions through three lines namely, SelectQuote Senior, SelectQuote Life, and SelectQuote Auto & Home.
Executives
Joshua Brandon Matthews officer: President, SelectQuote Senior 6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Grant W Thomas Ii director PO BOX 419248, KANSAS CITY MO 64141-6248
Grant William Thomas Iii officer: CHIEF OPERATING OFFICER 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Robert Clay Grant officer: PRESIDENT, SELECTQUOTE SENIOR 6800 W 115TH STREET, SUITE 2511, PARK KS 66211
Sarah Taylor Anderson officer: (See Remarks) 6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Timothy Robert Danker director, officer: CHIEF EXECUTIVE OFFICER 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Hawks Donald L Iii director 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Raymond F Weldon director 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Matthew Scott Gunter officer: See Remarks 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Stephanie D. Fisher officer: Chief Accounting Officer 10990 ROE AVENUE, OVERLAND PARK KS 66211
Ryan Moore Clement officer: See Remarks 6800 WEST 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Kristin Gibbar officer: Chief Human Resources Officer 6800 W. 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211
Devanny Earl H Iii director CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117-1593
Denise L Devine director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Raffaele Sadun officer: CHIEF FINANCIAL OFFICER 6800 W 115TH STREET, SUITE 2511, OVERLAND PARK KS 66211