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MYT Netherlands Parent BV (MYT Netherlands Parent BV) Debt-to-EBITDA : 9.25 (As of Mar. 2024)


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What is MYT Netherlands Parent BV Debt-to-EBITDA?

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

MYT Netherlands Parent BV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $38.3 Mil. MYT Netherlands Parent BV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $46.5 Mil. MYT Netherlands Parent BV's annualized EBITDA for the quarter that ended in Mar. 2024 was $9.2 Mil. MYT Netherlands Parent BV's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 9.25.

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 MYT Netherlands Parent BV's Debt-to-EBITDA or its related term are showing as below:

MYTE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.97   Med: 6.17   Max: 9.7
Current: -10.97

During the past 7 years, the highest Debt-to-EBITDA Ratio of MYT Netherlands Parent BV was 9.70. The lowest was -10.97. And the median was 6.17.

MYTE's Debt-to-EBITDA is ranked worse than
100% of 840 companies
in the Retail - Cyclical industry
Industry Median: 2.635 vs MYTE: -10.97

MYT Netherlands Parent BV Debt-to-EBITDA Historical Data

The historical data trend for MYT Netherlands Parent BV'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.

MYT Netherlands Parent BV Debt-to-EBITDA Chart

MYT Netherlands Parent BV Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial 6.71 8.29 -9.35 1.58 9.70

MYT Netherlands Parent BV Quarterly Data
Jun18 Jun19 Sep19 Dec19 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 -4.89 15.99 -1.85 -25.93 9.25

Competitive Comparison of MYT Netherlands Parent BV's Debt-to-EBITDA

For the Luxury Goods subindustry, MYT Netherlands Parent BV'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.


MYT Netherlands Parent BV's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, MYT Netherlands Parent BV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where MYT Netherlands Parent BV's Debt-to-EBITDA falls into.



MYT Netherlands Parent BV Debt-to-EBITDA Calculation

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

MYT Netherlands Parent BV'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
=(8.835 + 53.649) / 6.444
=9.70

MYT Netherlands Parent BV'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
=(38.284 + 46.517) / 9.172
=9.25

* 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.


MYT Netherlands Parent BV  (NYSE:MYTE) 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.


MYT Netherlands Parent BV Debt-to-EBITDA Related Terms

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


MYT Netherlands Parent BV (MYT Netherlands Parent BV) Business Description

Traded in Other Exchanges
N/A
Address
Einsteinring 9, Munich, BY, DEU, 85609
MYT Netherlands Parent BV is a luxury e-commerce platform. The company offers luxury fashion wear for men, women, and kids. Also, the company sells shoes, bags, and accessories.

MYT Netherlands Parent BV (MYT Netherlands Parent BV) Headlines

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