Watches of Switzerland Group (LSE:WOSG) Debt-to-EBITDA : 2.09 (As of Oct. 2023)

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What is Watches of Switzerland Group Debt-to-EBITDA?

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

Watches of Switzerland Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £52 Mil. Watches of Switzerland Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £476 Mil. Watches of Switzerland Group's annualized EBITDA for the quarter that ended in Oct. 2023 was £253 Mil. Watches of Switzerland Group's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was 2.09.

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

LSE:WOSG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.01 Med: 3.93 Max: 6.83
Current: 2.06

During the past 8 years, the highest Debt-to-EBITDA Ratio of Watches of Switzerland Group was 6.83. The lowest was 2.01. And the median was 3.93.

LSE:WOSG's Debt-to-EBITDA is ranked better than
59.74% of 842 companies
in the Retail - Cyclical industry
Industry Median: 2.685 vs LSE:WOSG: 2.06

Watches of Switzerland Group Debt-to-EBITDA Historical Data

The historical data trend for Watches of Switzerland 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.

Watches of Switzerland Group Debt-to-EBITDA Chart

Watches of Switzerland Group Annual Data

Trend

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-EBITDA

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4.60

6.83

2.88

2.16

2.01

Watches of Switzerland Group Semi-Annual Data
	Apr16	Apr17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-EBITDA	Get a 7-Day Free Trial									1.99	2.16	2.01	2.05	2.09

Competitive Comparison of Watches of Switzerland Group's Debt-to-EBITDA

For the Luxury Goods subindustry, Watches of Switzerland 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.

Watches of Switzerland Group's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Watches of Switzerland Group's Debt-to-EBITDA distribution charts can be found below:

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

Watches of Switzerland Group Debt-to-EBITDA Calculation

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

Watches of Switzerland Group's Debt-to-EBITDA for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(47.4	+	483)	/	263.8
	=	2.01

Watches of Switzerland Group's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(51.5	+	476.1)	/	253
	=	2.09

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 (Oct. 2023) EBITDA data.

Watches of Switzerland Group (LSE:WOSG) 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.

Watches of Switzerland Group Debt-to-EBITDA Related Terms

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

Watches of Switzerland Group (LSE:WOSG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Watches of Switzerland Group PLC (LSE:WOSG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

WOSGF:USA WOSGl:UK 5WS:Germany

Address

2 Elland Road, Aurum House, Braunstone, Leicester, GBR, LE3 1TT

Website

https://www.thewosgroupplc.com

Watches of Switzerland Group PLC is a retailer of luxury watches in the United Kingdom. Other than luxury watch offerings, the company also offers luxury jewellery, fashion, and classic watches and a range of watch and jewellery aftercare services. The company's geographical segments are the United Kingdom and the United States, of which the majority of the revenue comes from the United Kingdom.

Watches of Switzerland Group (LSE:WOSG) Headlines

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