Beyond Meat (Beyond Meat) Debt-to-EBITDA : -2.46 (As of Dec. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Beyond Meat Debt-to-EBITDA?

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

Beyond Meat's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.7 Mil. Beyond Meat's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,213.5 Mil. Beyond Meat's annualized EBITDA for the quarter that ended in Dec. 2023 was $-494.8 Mil. Beyond Meat's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -2.46.

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

BYND' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -24.83 Med: -2.57 Max: -0.14
Current: -4.31

During the past 8 years, the highest Debt-to-EBITDA Ratio of Beyond Meat was -0.14. The lowest was -24.83. And the median was -2.57.

BYND's Debt-to-EBITDA is ranked worse than
100% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs BYND: -4.31

Beyond Meat Debt-to-EBITDA Historical Data

The historical data trend for Beyond Meat'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.

Beyond Meat Debt-to-EBITDA Chart

Beyond Meat Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

-24.83

-1.09

-7.53

-3.84

-4.31

Beyond Meat Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															-6.14	-6.06	-6.59	-4.78	-2.46

Competitive Comparison of Beyond Meat's Debt-to-EBITDA

For the Packaged Foods subindustry, Beyond Meat'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.

Beyond Meat's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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

Beyond Meat Debt-to-EBITDA Calculation

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

Beyond Meat'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
	=	(3.677	+	1213.464)	/	-282.188
	=	-4.31

Beyond Meat'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
	=	(3.677	+	1213.464)	/	-494.788
	=	-2.46

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.

Beyond Meat (NAS:BYND) 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.

Beyond Meat Debt-to-EBITDA Related Terms

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

Beyond Meat (Beyond Meat) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Beyond Meat Inc (NAS:BYND) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

BYND:Mexico 1BYND:Italy 0Q3:Germany 0Q3:Germany 0Q3:Germany 0Q3:Germany B2YN34:Brazil BYND:Austria

Address

119 Standard Street, El Segundo, CA, USA, 90245

Website

https://www.beyondmeat.com

Beyond Meat Inc is a provider of plant-based meats, such as burgers, sausage, ground beef, and chicken. Unlike other vegetarian products, Beyond Meat seeks to replicate the look, cook, and taste of meat targeted to omnivores and vegetarians alike and is sold in the meat case. The products are widely available across the U.S. and Canada and in 83 additional countries as well. International revenue represented 31% of 2021 sales. The firm's products are available in retail stores and the food service channel. In 2019, before the pandemic struck, sales were evenly split between these two channels, although the mix stood at 70% retail/30% food service in 2021. We think the recovery from the crisis and new deals with McDonald's and Yum Brands will return food-service sales to 50% in time.

Executives

Chad M Peffer	officer: Interim Chief Growth Officer	C/O BEYOND MEAT, INC., 888 N. DOUGLAS STREET, SUITE 100, EL SEGUNDO CA 90245
C James Koch	director	C/O THE BOSTON BEER COMPANY, ONE DESIGN CENTER PLACE, SUITE 850, BOSTON MA 02210
Akerho Oghoghomeh	officer: See Remarks	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Dariush Ajami	officer: Chief Innovation Officer	C/O BEYOND MEAT, INC., 1325 E. EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Lubi Kutua	officer: CFO, Treasurer	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Beth Moskowitz	officer: Chief Creative Officer	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Sharman Robert M Jr	officer: See Remarks	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Henry Dieu	officer: See Remarks.	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Brad Hiranaga	officer: SEE REMARKS	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Jay Colleen	director	C/O THE COOPER COMPANIES, INC., 6140 STONERIDGE MALL ROAD, SUITE 590, PLEASANTON CA 94588
Diane Carhart	director	C/O BEYOND MEAT, INC., 1325 E. EL SEGUNDO BLVD., EL SEGUNDO CA 90245
Teri L Witteman	officer: General Counsel, Secretary	20333 S. NORMANDIE AVE, TORRANCE CA 90502
George Bernard Adcock	officer: Chief Suppy Chain Officer	C/O BEYOND MEAT, INC., 119 STANDARD ST., EL SEGUNDO CA 90245
Douglas Wayne Ramsey	officer: Chief Operating Officer	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245
Jonathan P Nelson	officer: Interim COO	C/O BEYOND MEAT, INC., 119 STANDARD STREET, EL SEGUNDO CA 90245