Party City Holdco (Party City Holdco) Debt-to-EBITDA : -4.75 (As of Sep. 2022)

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What is Party City Holdco Debt-to-EBITDA?

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

Party City Holdco's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $567 Mil. Party City Holdco's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $2,018 Mil. Party City Holdco's annualized EBITDA for the quarter that ended in Sep. 2022 was $-544 Mil. Party City Holdco's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was -4.75.

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 Party City Holdco's Debt-to-EBITDA or its related term are showing as below:

PRTYQ's Debt-to-EBITDA is not ranked ^*
in the Retail - Cyclical industry.
Industry Median: 2.63
* Ranked among companies with meaningful Debt-to-EBITDA only.

Party City Holdco Debt-to-EBITDA Historical Data

The historical data trend for Party City Holdco'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.

Party City Holdco Debt-to-EBITDA Chart

Party City Holdco Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Debt-to-EBITDA

Get a 7-Day Free Trial

5.08

5.60

-7.63

-4.42

14.54

Party City Holdco Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Debt-to-EBITDA	Get a 7-Day Free Trial															15.64	31.73	-147.79	21.04	-4.75

Competitive Comparison of Party City Holdco's Debt-to-EBITDA

For the Specialty Retail subindustry, Party City Holdco'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.

Party City Holdco's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Party City Holdco's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Party City Holdco's Debt-to-EBITDA falls into.

Party City Holdco Debt-to-EBITDA Calculation

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

Party City Holdco's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(201.991	+	2007.064)	/	151.962
	=	14.54

Party City Holdco's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(566.517	+	2018.118)	/	-543.956
	=	-4.75

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 (Sep. 2022) EBITDA data.

Party City Holdco (OTCPK:PRTYQ) 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.

Party City Holdco Debt-to-EBITDA Related Terms

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

Party City Holdco (Party City Holdco) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Party City Holdco Inc (OTCPK:PRTYQ) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

80 Grasslands Road, Elmsford, NY, USA, 10523

Website

https://www.partycity.com

Party City Holdco Inc is a party goods retailer in North America that operates owned and franchised locations in the us, Canada, and Puerto Rico. Party City also sells internationally in countries like the UK, France, Germany, and Australia, among others. The company has two primary reporting segments: retail and wholesale. The retail operations sell through Anagram, Amscan, Designware, Costumes USA, and other party suppliers, such as Party City, Halloween City, and PartyCity.com. The wholesale segment sells party goods such as paper and plastic tableware, accessories and novelties, balloons, stationery, and gift items for all occasions. These products are sold by franchise stores, mass merchants, independent card and gift shops, dollar stores, and other retailers and global distributors.

Executives

Clifford Sosin	10 percent owner	8 WRIGHT STREET, 1ST FL, WESTPORT CT 06880
John Capela	officer: See Remarks	779 HIGHLAND AVENUE, PARAMUS NJ 07652
Peter Royer Smith	officer: Chief Operations Officer	3438 PEACHTREE ROAD NE, SUITE 1800, ATLANTA GA 30326
De Mesa Graziano Cheryl	officer: Chief Accounting Officer	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Steven J Collins	director	29 VINTON STREET, #5, BOSTON MA 02127
William S. Creekmuir	director	SIX CONCOURSE PARKWAY, SUITE 3300-A, ATLANTA GA 30328
John Frascotti	director	C/O HASBRO, INC. 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Shroff Michelle Millstone	director	C/O PARTY CITY HOLDCO INC., 80 GRASSLANDS ROAD, ELMSFORD NY 10523
James M Harrison	director	GOLDMAN, SACHS & CO., 85 BROAD ST, NEW YORK NY 10004
Reginald Rasch	officer: See Remarks	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Sean Thompson	officer: See Remarks	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Sarah Dodds-brown	director	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Jennifer Fleiss	director	80 GRASSLANDS ROAD, ELMSFORD NY 10523
Joel Alsfine	director	2905 PREMIERE PARKWAY, SUITE 300, DULUTH GA 30097
Norman S Matthews	director	650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022