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Bowlero (Bowlero) Debt-to-EBITDA : 26.67 (As of Dec. 2023)


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What is Bowlero Debt-to-EBITDA?

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

Bowlero's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $41 Mil. Bowlero's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,354 Mil. Bowlero's annualized EBITDA for the quarter that ended in Dec. 2023 was $90 Mil. Bowlero's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 26.67.

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

BOWL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.42   Med: 12.04   Max: 23.49
Current: 9.92

During the past 4 years, the highest Debt-to-EBITDA Ratio of Bowlero was 23.49. The lowest was 7.42. And the median was 12.04.

BOWL's Debt-to-EBITDA is ranked worse than
84.98% of 619 companies
in the Travel & Leisure industry
Industry Median: 2.87 vs BOWL: 9.92

Bowlero Debt-to-EBITDA Historical Data

The historical data trend for Bowlero'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.

Bowlero Debt-to-EBITDA Chart

Bowlero Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
13.73 23.49 7.42 10.34

Bowlero 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.36 12.56 4.87 8.19 26.67

Competitive Comparison of Bowlero's Debt-to-EBITDA

For the Leisure subindustry, Bowlero'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.


Bowlero's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bowlero's Debt-to-EBITDA distribution charts can be found below:

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



Bowlero Debt-to-EBITDA Calculation

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

Bowlero'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
=(33.204 + 2222.432) / 218.061
=10.34

Bowlero'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
=(40.966 + 2353.965) / 89.788
=26.67

* 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 (Dec. 2023) EBITDA data.


Bowlero  (NYSE:BOWL) 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.


Bowlero Debt-to-EBITDA Related Terms

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


Bowlero (Bowlero) Business Description

Traded in Other Exchanges
N/A
Address
7313 Bell Creek Road, Mechanicsville, VA, USA, 23111
Bowlero Corp is a operator of bowling entertainment centers. It operate traditional bowling centers and more upscale entertainment concepts with lounge seating, arcades, enhanced food and beverage offerings, and more robust customer service for individuals and group events, as well as hosting and overseeing professional and non-professional bowling tournaments and related broadcasting.
Executives
John Alan Young director C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Robert M. Lavan officer: Chief Financial Officer 5201 INTERCHANGE WAY, LOUISVILLE KY 40229
A-b Parent Llc director, 10 percent owner C/O ATAIROS GROUP INC, 40 MORRIS AVE, BRYN MAWR PA 19010
Jeffrey C Kostelni officer: Chief Accounting Officer C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Brett I. Parker officer: Chief Financial Officer C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Thomas F. Shannon director, officer: Chief Executive Officer C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Alberto Perlman director C/O BOWLERO CORP., 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
George A. Barrios director C/O 1241 EAST MAIN STREET, STAMFORD CT 06902
Michelle D Wilson director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Apollo Spac Fund I, L.p. 10 percent owner 27 HOSPITAL ROAD, GEORGE TOW E9 KY1-9008
Cobalt Group, Llc director C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Cobalt Recreation Llc director C/O BOWLERO CORPORATION, 7313 BELL CREEK ROAD, MECHANICSVILLE VA 23111
Nicole M. Weinberger officer: Chief Customer Off. & CEO, PBA C/O BOWLERO CORP., 222 W. 44TH STREET, NEW YORK NY 10036
Rachael A. Wagner director, 10 percent owner C/O BOWLERO CORP., 222 WEST 44TH STREET, NEW YORK NY 10036
Apollo Management Holdings Gp, Llc 10 percent owner 9 W. 57TH STREET, 43RD FLOOR, NEW YORK NY 10019