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Ethan Allen Interiors (Ethan Allen Interiors) Debt-to-EBITDA : 1.50 (As of Mar. 2024)


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What is Ethan Allen Interiors Debt-to-EBITDA?

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

Ethan Allen Interiors's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $27.5 Mil. Ethan Allen Interiors's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $101.0 Mil. Ethan Allen Interiors's annualized EBITDA for the quarter that ended in Mar. 2024 was $85.6 Mil. Ethan Allen Interiors's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.50.

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 Ethan Allen Interiors's Debt-to-EBITDA or its related term are showing as below:

ETD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.79   Max: 5.65
Current: 1.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ethan Allen Interiors was 5.65. The lowest was 0.02. And the median was 0.79.

ETD's Debt-to-EBITDA is ranked better than
62.57% of 334 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.86 vs ETD: 1.17

Ethan Allen Interiors Debt-to-EBITDA Historical Data

The historical data trend for Ethan Allen Interiors'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.

Ethan Allen Interiors Debt-to-EBITDA Chart

Ethan Allen Interiors Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 5.65 1.35 0.75 0.84

Ethan Allen Interiors 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 0.98 0.88 1.37 1.17 1.50

Competitive Comparison of Ethan Allen Interiors's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Ethan Allen Interiors'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.


Ethan Allen Interiors's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ethan Allen Interiors's Debt-to-EBITDA distribution charts can be found below:

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



Ethan Allen Interiors Debt-to-EBITDA Calculation

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

Ethan Allen Interiors'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
=(26.423 + 104.505) / 156.852
=0.83

Ethan Allen Interiors'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
=(27.532 + 100.974) / 85.564
=1.50

* 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.


Ethan Allen Interiors  (NYSE:ETD) 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.


Ethan Allen Interiors Debt-to-EBITDA Related Terms

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


Ethan Allen Interiors (Ethan Allen Interiors) Business Description

Traded in Other Exchanges
N/A
Address
25 Lake Avenue Extension, Danbury, CT, USA, 06811 - 5286
Ethan Allen Interiors Inc. is a U.S.-based company that manufactures and retails home furnishings & accessories. The firm conducts activities through its wholly owned subsidiary, Ethan Allen Global, Inc., which operates through its own subsidiaries. The company does business across North America, Europe, Asia, & the Middle East. The vast majority of the firm's products are produced in its U.S. plants. The company's activities are divided between its Wholesale unit which includes case goods, upholstered products, and home accents, & its Retail segment. The majority of revenue within Wholesale is generated by upholstered products, & the majority of revenue for the overall company is derived from the Retail segment. Geographically, the majority of the company's revenue is produced in the U.S.
Executives
Rebecca L Thompson officer: SVP, Merchandising 25 LAKE AVENUE EXT., DANBURY CT 06811
Ashley Fothergill officer: SVP, Merchandising 25 LAKE AVENUE EXT., DANBURY CT 06811
Casar Perez Maria Eugenia director 25 LAKE AVENUE EXT., DANBURY CT 06811
David M. Sable director 77 HOT METAL STREET, PITTSBURGH PA 15203-2329
Cynthia Ekberg Tsai director 800 FIFTH AVENUE, NEW YORK NY 10021
John Bernard Clark director 25 LAKE AVENUE EXT., DANBURY CT 06811
James B. Carlson director ETHAN ALLEN DRIVE, DANBURY CT 06811
Daniel M. Grow officer: VP, Business Development ETHAN ALLEN DRIVE, DANBURY CT 06811
Whitely Corey officer: Executive VP Operations C/O ETHAN ALLEN INTERIORS INC, ETHAN ALLEN DRIVE, DANBURY CT 06811
M Farooq Kathwari director, 10 percent owner, officer: Chairman, President & CEO C/O ETHAN ALLEN INTERIORS INC, ETHAN ALLEN DRIVE, DANBURY CT 06811
Rodney A. Hutton officer: Chief Marketing Officer 25 LAKE AVENUE EXT., DANBURY CT 06811-5286
Matthew J Mcnulty officer: VP, Corporate Controller 601 MERRITT 7, NORWALK CT 06851
Domenick J. Esposito director ETHAN ALLEN DRIVE, DANBURY CT 06811
Bedford John S Ii officer: VP, Corporate Controller ETHAN ALLEN DRIVE, DANBURY CT 06811
Mary Garrett director ETHAN ALLEN DRIVE, DANBURY CT 06811