Vintage Wine Estates (Vintage Wine Estates) Debt-to-EBITDA : -2.24 (As of Dec. 2023)

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What is Vintage Wine Estates Debt-to-EBITDA?

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

Vintage Wine Estates's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $312.1 Mil. Vintage Wine Estates's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $24.5 Mil. Vintage Wine Estates's annualized EBITDA for the quarter that ended in Dec. 2023 was $-150.0 Mil. Vintage Wine Estates's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -2.24.

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 Vintage Wine Estates's Debt-to-EBITDA or its related term are showing as below:

VWE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.75 Med: 8.96 Max: 42.52
Current: -3.75

During the past 4 years, the highest Debt-to-EBITDA Ratio of Vintage Wine Estates was 42.52. The lowest was -3.75. And the median was 8.96.

VWE's Debt-to-EBITDA is ranked worse than
100% of 161 companies
in the Beverages - Alcoholic industry
Industry Median: 1.67 vs VWE: -3.75

Vintage Wine Estates Debt-to-EBITDA Historical Data

The historical data trend for Vintage Wine Estates'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.

Vintage Wine Estates Debt-to-EBITDA Chart

Vintage Wine Estates Annual Data

Trend

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

42.52

8.68

9.24

-1.89

Vintage Wine Estates Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial										-0.63	-15.37	-1.98	-20.90	-2.24

Competitive Comparison of Vintage Wine Estates's Debt-to-EBITDA

For the Beverages - Wineries & Distilleries subindustry, Vintage Wine Estates'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.

Vintage Wine Estates's Debt-to-EBITDA Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Vintage Wine Estates's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Vintage Wine Estates's Debt-to-EBITDA falls into.

Vintage Wine Estates Debt-to-EBITDA Calculation

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

Vintage Wine Estates'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
	=	(136.44	+	200.535)	/	-178.554
	=	-1.89

Vintage Wine Estates's annualized Debt-to-EBITDA for the quarter 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
	=	(312.056	+	24.451)	/	-150.008
	=	-2.24

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 (Dec. 2023) EBITDA data.

Vintage Wine Estates (NAS:VWE) 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.

Vintage Wine Estates Debt-to-EBITDA Related Terms

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

Vintage Wine Estates (Vintage Wine Estates) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Vintage Wine Estates Inc (NAS:VWE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

8HQ:Germany

Address

937 Tahoe Boulevard, Suite 210, Incline Village, NV, USA, 89451

Website

https://www.vintagewineestates.com

Vintage Wine Estates Inc is a family of wineries and wines whose singular focus is producing the finest quality wines and incredible customer experiences with wineries throughout Napa, Sonoma, California's Central Coast, Oregon, and Washington State.

Executives

Patrick A Roney	director, 10 percent owner, officer: Chief Executive Officer	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Timothy D Proctor	director	301 SOUTH COLLEGE STREET, CHARLOTTE NC 28288-0630
Jonathan Sebastiani	director, other: Member of 10% owner group	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Seth Kaufman	officer: President and CEO	C/O VINTAGE WINE ESTATES, INC., 937 TAHOE BLVD, SUITE 210, INCLINE VILLAGE NV 89451
Bespoke Sponsor Capital Lp	10 percent owner	115 PARK STREET, 3RD FLOOR, LONDON X0 W1K 7AP
Paul S Walsh	director	8 HENRIETTA PLACE, LONDON X0 94111
Zach Long	officer: Chief Operations Officer	C/O VINTAGE WINE ESTATES, INC., 937 TAHOE BOULEVARD, SUITE 210, INCLINE VILLAGE NV 89451
Jon Moramarco	director	C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Kristina L Johnston	officer: Chief Financial Officer	937 TAHOE BLVD., SUITE 210, INCLINE VILLAGE NV 89451
Katherine Devillers	officer: Chief Financial Officer	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Terry Wheatley	officer: President	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Harms Mark W.b.	director	937 TAHOE BOULEVARD, INCLINE VILLAGE NV 89451
Berner Robert L Iii	director	C/O CHARTERHOUSE GROUP INTERNATIONAL INC, 535 MADISON AVE, NEW YORK NY 10022
Lisa M. Schnorr	director	C/O GRAHAM CORPORATION, 20 FLORENCE AVENUE, BATAVIA NY 14020
Russell G Joy	officer: Chief Operating Officer	937 TAHOE BOULEVARD, SUITE 10, INCLINE VILLAGE NV 89451