GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Distribution » SiteOne Landscape Supply Inc (NYSE:SITE) » Definitions » Debt-to-EBITDA

SiteOne Landscape Supply (SiteOne Landscape Supply) Debt-to-EBITDA : 22.11 (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is SiteOne Landscape Supply Debt-to-EBITDA?

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

SiteOne Landscape Supply's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $112 Mil. SiteOne Landscape Supply's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $825 Mil. SiteOne Landscape Supply's annualized EBITDA for the quarter that ended in Mar. 2024 was $42 Mil. SiteOne Landscape Supply's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 22.11.

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 SiteOne Landscape Supply's Debt-to-EBITDA or its related term are showing as below:

SITE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.53   Med: 2.29   Max: 4.25
Current: 2.62

During the past 12 years, the highest Debt-to-EBITDA Ratio of SiteOne Landscape Supply was 4.25. The lowest was 1.53. And the median was 2.29.

SITE's Debt-to-EBITDA is ranked worse than
62.2% of 127 companies
in the Industrial Distribution industry
Industry Median: 2.08 vs SITE: 2.62

SiteOne Landscape Supply Debt-to-EBITDA Historical Data

The historical data trend for SiteOne Landscape Supply'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.

SiteOne Landscape Supply Debt-to-EBITDA Chart

SiteOne Landscape Supply Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.25 2.30 1.53 1.69 2.28

SiteOne Landscape Supply Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 8.14 1.02 2.03 6.59 22.11

Competitive Comparison of SiteOne Landscape Supply's Debt-to-EBITDA

For the Industrial Distribution subindustry, SiteOne Landscape Supply'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.


SiteOne Landscape Supply's Debt-to-EBITDA Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, SiteOne Landscape Supply's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SiteOne Landscape Supply's Debt-to-EBITDA falls into.



SiteOne Landscape Supply Debt-to-EBITDA Calculation

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

SiteOne Landscape Supply'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
=(110.7 + 750.7) / 378
=2.28

SiteOne Landscape Supply'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
=(112.4 + 825.2) / 42.4
=22.11

* 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.


SiteOne Landscape Supply  (NYSE:SITE) 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.


SiteOne Landscape Supply Debt-to-EBITDA Related Terms

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


SiteOne Landscape Supply (SiteOne Landscape Supply) Business Description

Traded in Other Exchanges
Address
300 Colonial Center Parkway, Suite 600, Roswell, GA, USA, 30076
SiteOne Landscape Supply Inc is one of the largest suppliers of tools and equipment. The company serves various businesses which include wholesale irrigation, outdoor lighting, nursery, landscape supplies, grass seeds, and fertilizers, turf protection products, turf care equipment, and golf course accessories for green industry professionals mainly in the United States and Canada. Its product portfolio includes irrigation supplies, fertilizer and herbicides, landscape accessories, nursery goods, natural stones and blocks, outdoor lighting and ice melt products and other products.
Executives
Doug Black director, officer: CEO MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
John T Guthrie officer: EVP, CFO and Assistant Sec. MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Brisendine L Briley Jr officer: EVP, General Counsel & Sec. MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Shannon Versaggi officer: SVP Marketing 1004 SUMMIT VIEW LANE, MILTON GA 30004
Greg Weller officer: Senior VP of Operations MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Joseph Ketter officer: Senior VP, Human Resources. MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Jack L Wyszomierski director SCHERING PLOUGH CORP, ONE GIRALDA FARMS, MADISON NJ 07940-1000
Webster Roy Dunbar director 5757 N. GREEN BAY AVENUE, MILWAUKEE WI 53209
Douglas William W Iii director COCA-COLA ENTERPRISES, INC, 2500 WINDY RIDGE PARKWAY, ATLANTA GA 30339
Jeri L Isbell director ONE LEXMARK CENTRE DR, 740 WEST NEW CIRCLE RD, LEXINGTON KY 40550
Larisa Drake director EQUITY LIFESTYLE PROPERTIES, INC., TWO NORTH RIVERSIDE PLAZA, SUITE 800, CHICAGO IL 60606
Scott Salmon officer: EVP, Strategy & Development 14155 SEABISCUIT, MILTON GA 30004
Ross Anker officer: EVP, Category Mgmt, Mktg & IT MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL 2Q 30076
Pascal Convers officer: EVP, Strategy and Development MANSELL OVERLOOK, 300 COLONIAL CENTER PARKWAY, SUITE 600, ROSWELL GA 30076
Michael J Grebe director STERLING CHECKCORP INC., 1 STATE STREET PLAZA, NEW YORK NY 10004