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Boot Barn Holdings (STU:OBB) Debt-to-EBITDA : 2.21 (As of Mar. 2024)


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What is Boot Barn Holdings Debt-to-EBITDA?

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

Boot Barn Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €58 Mil. Boot Barn Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €371 Mil. Boot Barn Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was €195 Mil. Boot Barn Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.21.

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 Boot Barn Holdings's Debt-to-EBITDA or its related term are showing as below:

STU:OBB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.07   Med: 2.61   Max: 5.76
Current: 1.87

During the past 12 years, the highest Debt-to-EBITDA Ratio of Boot Barn Holdings was 5.76. The lowest was 1.07. And the median was 2.61.

STU:OBB's Debt-to-EBITDA is ranked better than
64.09% of 841 companies
in the Retail - Cyclical industry
Industry Median: 2.68 vs STU:OBB: 1.87

Boot Barn Holdings Debt-to-EBITDA Historical Data

The historical data trend for Boot Barn Holdings'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.

Boot Barn Holdings Debt-to-EBITDA Chart

Boot Barn Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 2.99 1.07 1.67 1.87

Boot Barn Holdings 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 1.54 1.85 2.05 1.23 2.21

Competitive Comparison of Boot Barn Holdings's Debt-to-EBITDA

For the Apparel Retail subindustry, Boot Barn Holdings'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.


Boot Barn Holdings's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Boot Barn Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Boot Barn Holdings's Debt-to-EBITDA falls into.



Boot Barn Holdings Debt-to-EBITDA Calculation

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

Boot Barn Holdings's Debt-to-EBITDA for the fiscal year 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
=(58.378 + 371.039) / 229.259
=1.87

Boot Barn Holdings'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
=(58.378 + 371.039) / 194.516
=2.21

* 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.


Boot Barn Holdings  (STU:OBB) 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.


Boot Barn Holdings Debt-to-EBITDA Related Terms

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


Boot Barn Holdings (STU:OBB) Business Description

Traded in Other Exchanges
Address
15345 Barranca Parkway, Irvine, CA, USA, 92618
Boot Barn Holdings Inc operates specialty retail stores. The company sells western and work-related footwear, apparel, and accessories in the United States. It is a single operating segment, which includes net sales generated from its retail stores and e-commerce websites.

Boot Barn Holdings (STU:OBB) Headlines

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