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BrightSpring Health Services (BrightSpring Health Services) Debt-to-EBITDA : 16.30 (As of Mar. 2024)


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What is BrightSpring Health Services Debt-to-EBITDA?

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

BrightSpring Health Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $137 Mil. BrightSpring Health Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $2,748 Mil. BrightSpring Health Services's annualized EBITDA for the quarter that ended in Mar. 2024 was $177 Mil. BrightSpring Health Services's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 16.30.

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 BrightSpring Health Services's Debt-to-EBITDA or its related term are showing as below:

BTSG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 8.58   Med: 9.39   Max: 11.2
Current: 9.89

During the past 6 years, the highest Debt-to-EBITDA Ratio of BrightSpring Health Services was 11.20. The lowest was 8.58. And the median was 9.39.

BTSG's Debt-to-EBITDA is ranked worse than
89.36% of 423 companies
in the Healthcare Providers & Services industry
Industry Median: 2.63 vs BTSG: 9.89

BrightSpring Health Services Debt-to-EBITDA Historical Data

The historical data trend for BrightSpring Health Services'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.

BrightSpring Health Services Debt-to-EBITDA Chart

BrightSpring Health Services Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 11.20 8.58 8.70 9.39 10.50

BrightSpring Health Services Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 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 - 7.21 -638.01 7.69 16.30

Competitive Comparison of BrightSpring Health Services's Debt-to-EBITDA

For the Health Information Services subindustry, BrightSpring Health Services'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.


BrightSpring Health Services's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, BrightSpring Health Services's Debt-to-EBITDA distribution charts can be found below:

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



BrightSpring Health Services Debt-to-EBITDA Calculation

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

BrightSpring Health Services'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
=(114.467 + 3556.124) / 349.516
=10.50

BrightSpring Health Services'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
=(137.438 + 2747.796) / 177.052
=16.30

* 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.


BrightSpring Health Services  (NAS:BTSG) 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.


BrightSpring Health Services Debt-to-EBITDA Related Terms

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


BrightSpring Health Services (BrightSpring Health Services) Business Description

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BrightSpring Health Services Inc is a platform of complementary health services delivering provider and pharmacy solutions for complex populations in home and community settings. Its platform delivers clinical services and pharmacy solutions across Medicare, Medicaid, and commercially insured populations.

BrightSpring Health Services (BrightSpring Health Services) Headlines