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SSP Group (LSE:SSPG) Debt-to-EBITDA : 2.96 (As of Sep. 2023)


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What is SSP Group Debt-to-EBITDA?

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

SSP Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £265 Mil. SSP Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £1,459 Mil. SSP Group's annualized EBITDA for the quarter that ended in Sep. 2023 was £582 Mil. SSP Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.96.

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

LSE:SSPG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.66   Med: 3.05   Max: 292.73
Current: 3.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of SSP Group was 292.73. The lowest was 1.66. And the median was 3.05.

LSE:SSPG's Debt-to-EBITDA is ranked worse than
55.11% of 274 companies
in the Restaurants industry
Industry Median: 2.975 vs LSE:SSPG: 3.43

SSP Group Debt-to-EBITDA Historical Data

The historical data trend for SSP 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.

SSP Group Debt-to-EBITDA Chart

SSP Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 40.99 292.73 4.34 3.43

SSP 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 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 13.97 4.68 3.86 3.70 2.96

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

For the Restaurants subindustry, SSP 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.


SSP Group's Debt-to-EBITDA Distribution in the Restaurants Industry

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

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



SSP Group Debt-to-EBITDA Calculation

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

SSP Group's Debt-to-EBITDA for the fiscal year 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
=(264.9 + 1459.2) / 502.7
=3.43

SSP 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
=(264.9 + 1459.2) / 582
=2.96

* 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 two times the quarterly (Sep. 2023) EBITDA data.


SSP Group  (LSE:SSPG) 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.


SSP Group Debt-to-EBITDA Related Terms

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


SSP Group (LSE:SSPG) Business Description

Traded in Other Exchanges
Address
32 Jamestown Road, London, GBR, NW1 7HW
SSP Group PLC operates food and beverage units in travel locations such as airports and railway stations. Units range from coffee shops and sandwich bars to casual and fine-dining restaurants. Its units operate under more than 300 different brand names, including both proprietary brands and franchised brands, such as Starbucks and Burger King. Its segments include the UK, Continental Europe, North America and the APAC and EEME.

SSP Group (LSE:SSPG) Headlines

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