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Bunge Global (Bunge Global) Debt-to-EBITDA : 2.53 (As of Mar. 2024)


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What is Bunge Global Debt-to-EBITDA?

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

Bunge Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,331 Mil. Bunge Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4,636 Mil. Bunge Global's annualized EBITDA for the quarter that ended in Mar. 2024 was $2,356 Mil. Bunge Global's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.53.

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 Bunge Global's Debt-to-EBITDA or its related term are showing as below:

BG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.08   Med: 2.63   Max: 4.35
Current: 1.68

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bunge Global was 4.35. The lowest was -18.08. And the median was 2.63.

BG's Debt-to-EBITDA is ranked better than
56.66% of 1426 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs BG: 1.68

Bunge Global Debt-to-EBITDA Historical Data

The historical data trend for Bunge Global'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.

Bunge Global Debt-to-EBITDA Chart

Bunge Global 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 -18.08 3.84 2.11 1.95 1.43

Bunge Global 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 1.57 1.38 2.01 1.25 2.53

Competitive Comparison of Bunge Global's Debt-to-EBITDA

For the Farm Products subindustry, Bunge Global'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.


Bunge Global's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bunge Global's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bunge Global's Debt-to-EBITDA falls into.



Bunge Global Debt-to-EBITDA Calculation

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

Bunge Global'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
=(1110 + 4646) / 4018
=1.43

Bunge Global'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
=(1331 + 4636) / 2356
=2.53

* 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.


Bunge Global  (NYSE:BG) 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.


Bunge Global Debt-to-EBITDA Related Terms

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


Bunge Global (Bunge Global) Business Description

Traded in Other Exchanges
Address
1391 Timberlake Manor Parkway, Chesterfield, MO, USA, 63017
Bunge Global SA formerly Bunge Ltd is a global agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.
Executives
Christos Dimopoulos officer: Pres., Global Supply Chains C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Monica Houle Mcgurk director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Kellie Sears officer: Chief Human Resources Officer C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Lustosa De Andrade Eliane Aleixo director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Julio Garros officer: Pres, Ag Develop, Ops & Mill C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Simmons Jerry Matthews Jr officer: See Remarks C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Paul J Fribourg director 667 MADISON AVE, NEW YORK NY 10021
Continental Grain Co director 767 FIFTH AVENUE, NEW YORK NY 10153
Michael Kobori director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Deborah Borg officer: EVP & Chief HR, Comms Officer BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Kenneth Simril director 1811 AKSARBEN DRIVE, OMAHA NE 68106
Gregory A Heckman director, officer: Chief Executive Officer C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Bernardo Hees director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Raul Padilla officer: CEO, Bunge Global Agribusiness C/O BUNGE LTD, 50 MAIN STREET, WHITE PLAINS NY 10606
Vinita Bali director C/O BUNGE LIMITED, 50 MAIN STREET, 6TH FLOOR, WHITE PLAINS NY 10606