Birks Group (Birks Group) Debt-to-EBITDA : 21.19 (As of Sep. 2023)

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What is Birks Group Debt-to-EBITDA?

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

Birks Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $52.1 Mil. Birks Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $61.2 Mil. Birks Group's annualized EBITDA for the quarter that ended in Sep. 2023 was $5.3 Mil. Birks Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 21.19.

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

BGI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -89.92 Med: 13.78 Max: 81.48
Current: 43.35

During the past 13 years, the highest Debt-to-EBITDA Ratio of Birks Group was 81.48. The lowest was -89.92. And the median was 13.78.

BGI's Debt-to-EBITDA is ranked worse than
97.74% of 842 companies
in the Retail - Cyclical industry
Industry Median: 2.69 vs BGI: 43.35

Birks Group Debt-to-EBITDA Historical Data

The historical data trend for Birks Group'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.

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Birks Group Debt-to-EBITDA Chart

Birks Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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-6.57

-89.92

57.80

13.66

81.48

Birks Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															12.36	16.40	38.08	-925.42	21.19

Competitive Comparison of Birks Group's Debt-to-EBITDA

For the Luxury Goods subindustry, Birks Group'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.

Birks Group's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Birks Group's Debt-to-EBITDA distribution charts can be found below:

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

Birks Group Debt-to-EBITDA Calculation

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

Birks Group's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(48.806	+	62.244)	/	1.363
	=	81.47

Birks Group's annualized Debt-to-EBITDA for the quarter 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
	=	(52.053	+	61.173)	/	5.344
	=	21.19

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 (Sep. 2023) EBITDA data.

Birks Group (AMEX:BGI) 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.

Birks Group Debt-to-EBITDA Related Terms

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

Birks Group (Birks Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Birks Group Inc (AMEX:BGI) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

2BG:Germany

Address

2020 Robert-Bourassa Boulevard, Suite 200, Montreal, QC, CAN, H3A 2A5

Website

https://www.birks.com

Birks Group Inc is a part of the leisure industry. The company designs, develops, produces, and retails fine jewelry, timepieces, and gifts. Its operating segment includes Retail and other. The company generates maximum revenue from the Retail segment. Its retail segment consists of retail operations whereby it operates approximately 21 stores in Canada under the Maison Birks brand, one store under the Brinkhaus brand, one store under the Graff brand, and one store under the Patek Phillippe brand. The other segment consists mainly of wholesale business, e-commerce business, and gold exchange business.