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SNDL (SNDL) Debt-to-EBITDA : 4.56 (As of Mar. 2024)


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What is SNDL Debt-to-EBITDA?

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

SNDL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $24.4 Mil. SNDL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $95.2 Mil. SNDL's annualized EBITDA for the quarter that ended in Mar. 2024 was $26.2 Mil. SNDL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.56.

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

SNDL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.11   Med: -0.52   Max: -0.01
Current: -2.11

During the past 7 years, the highest Debt-to-EBITDA Ratio of SNDL was -0.01. The lowest was -2.11. And the median was -0.52.

SNDL's Debt-to-EBITDA is ranked worse than
100% of 160 companies
in the Beverages - Alcoholic industry
Industry Median: 1.795 vs SNDL: -2.11

SNDL Debt-to-EBITDA Historical Data

The historical data trend for SNDL'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.

SNDL Debt-to-EBITDA Chart

SNDL Annual Data
Trend Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -1.49 -0.01 -0.15 -0.52 -1.69

SNDL 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 -3.01 -3.30 -12.05 -0.61 4.56

Competitive Comparison of SNDL's Debt-to-EBITDA

For the Beverages - Wineries & Distilleries subindustry, SNDL'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.


SNDL's Debt-to-EBITDA Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, SNDL's Debt-to-EBITDA distribution charts can be found below:

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



SNDL Debt-to-EBITDA Calculation

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

SNDL'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
=(22.762 + 101.738) / -73.904
=-1.68

SNDL'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
=(24.361 + 95.165) / 26.228
=4.56

* 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.


SNDL  (NAS:SNDL) 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.


SNDL Debt-to-EBITDA Related Terms

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


SNDL (SNDL) Business Description

Traded in Other Exchanges
Address
919-11 Avenue South West, Suite 300, Calgary, AB, CAN, T2R 1P3
SNDL Inc is the largest private-sector liquor and cannabis retailer in Canada with retail banners that include Ace Liquor, Wine and Beyond, Liquor Depot, Value Buds, and Spiritleaf. Principal activities of the company are the retailing of wines, beers and spirits. It comprised of four reportable segments: liquor retail, cannabis retail, cannabis operations, and investments. Liquor retail includes the sale of wines, beers and spirits through owned liquor stores. Company generates maximum revenue from liquor retail.