Just Group (LSE:JUST) Debt-to-EBITDA : 2.48 (As of Dec. 2023)

View and export this data going back to 2013. Start your Free Trial

What is Just Group Debt-to-EBITDA?

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

Just Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.0 Mil. Just Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £695.0 Mil. Just Group's annualized EBITDA for the quarter that ended in Dec. 2023 was £280.4 Mil. Just Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.48.

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

LSE:JUST' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.64 Med: 0.99 Max: 5.53
Current: 2.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Just Group was 5.53. The lowest was -1.64. And the median was 0.99.

LSE:JUST's Debt-to-EBITDA is ranked worse than
64.97% of 294 companies
in the Insurance industry
Industry Median: 1.52 vs LSE:JUST: 2.32

Just Group Debt-to-EBITDA Historical Data

The historical data trend for Just 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.

Just Group Debt-to-EBITDA Chart

Just Group Annual Data

Trend

Jun14

Jun15

Jun16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

1.16

1.86

5.53

-1.64

2.32

Just Group Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															2.65	-1.88	-1.58	2.24	2.48

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

For the Insurance - Specialty subindustry, Just 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.

Just Group's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Just Group's Debt-to-EBITDA distribution charts can be found below:

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

Just Group Debt-to-EBITDA Calculation

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

Just 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
	=	(0	+	695)	/	299
	=	2.32

Just 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
	=	(0	+	695)	/	280.4
	=	2.48

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.

Just Group (LSE:JUST) 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.

Just Group Debt-to-EBITDA Related Terms

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

Just Group (LSE:JUST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Just Group PLC (LSE:JUST) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

JUSTl:UK

Address

Bancroft Road, Enterprise House, Reigate, Surrey, GBR, RH2 7RP

Website

https://www.justgroupplc.co.uk

Just Group PLC is a financial service company that offers retirement management services through products, advisory, and professional services. The company's client base includes individuals, financial intermediaries, corporate clients, and pension plan trustees. The insurance segment writes insurance products for the retirement market - which include Guaranteed Income for Life Solutions, Defined Benefit De-risking Solutions, Care Plans, Flexible Pension Plans, and Protection and invests the premiums received from these contracts in debt securities, gilts, liquidity funds, and Lifetime Mortgage advances. The Other segment also includes the group's corporate activities that are involved in managing its liquidity, capital, and investment activities.