Fix Price Group (LSE:FIXP) Debt-to-EBITDA : 0.60 (As of Dec. 2023)

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What is Fix Price Group Debt-to-EBITDA?

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

Fix Price Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $209 Mil. Fix Price Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $107 Mil. Fix Price Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $527 Mil. Fix Price Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.60.

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

LSE:FIXP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04 Med: 0.51 Max: 0.73
Current: 0.66

During the past 7 years, the highest Debt-to-EBITDA Ratio of Fix Price Group was 0.73. The lowest was 0.04. And the median was 0.51.

LSE:FIXP's Debt-to-EBITDA is ranked better than
81.82% of 253 companies
in the Retail - Defensive industry
Industry Median: 2.62 vs LSE:FIXP: 0.66

Fix Price Group Debt-to-EBITDA Historical Data

The historical data trend for Fix Price 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.

* Premium members only.

Fix Price Group Debt-to-EBITDA Chart

Fix Price Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.47

0.69

0.73

0.64

0.51

Fix Price Group Semi-Annual Data
	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial						0.67	0.96	0.74	0.96	0.60

Competitive Comparison of Fix Price Group's Debt-to-EBITDA

For the Discount Stores subindustry, Fix Price 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.

Fix Price Group's Debt-to-EBITDA Distribution in the Retail - Defensive Industry

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

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

Fix Price Group Debt-to-EBITDA Calculation

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

Fix Price Group'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
	=	(208.622	+	106.938)	/	622.044
	=	0.51

Fix Price Group's annualized Debt-to-EBITDA for the quarter 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
	=	(208.622	+	106.938)	/	526.544
	=	0.60

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 (Dec. 2023) EBITDA data.

Fix Price Group (LSE:FIXP) 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.

Fix Price Group Debt-to-EBITDA Related Terms

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

Fix Price Group (LSE:FIXP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Fix Price Group PLC (LSE:FIXP) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Makariou III & Vyronos Street, P. Lordos Center building, Block B, 1st floor, Office 102, Limassol, CYP, 3105

Website

https://ir.fix-price.com

Fix Price Group PLC is a low-price value retailer. Its categories include ambient food and drink, household goods, and cosmetics and hygiene items. Its retail operations are conducted through a chain of convenience stores, located in the Russian Federation, Belarus, Kazakhstan, Uzbekistan, Latvia, Georgia, and Kyrgyzstan The group is also engaged in wholesale operations by servicing a number of franchises that operate in distant regions of the Russian Federation, as well as in a number of international geographies.

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