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Civitas Solutions (Civitas Solutions) Debt-to-EBITDA : 4.21 (As of Dec. 2018)


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What is Civitas Solutions Debt-to-EBITDA?

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

Civitas Solutions's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $8 Mil. Civitas Solutions's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2018 was $698 Mil. Civitas Solutions's annualized EBITDA for the quarter that ended in Dec. 2018 was $168 Mil. Civitas Solutions's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 was 4.21.

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

CIVI's Debt-to-EBITDA is not ranked *
in the Healthcare Providers & Services industry.
Industry Median: 2.575
* Ranked among companies with meaningful Debt-to-EBITDA only.

Civitas Solutions Debt-to-EBITDA Historical Data

The historical data trend for Civitas Solutions'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.

Civitas Solutions Debt-to-EBITDA Chart

Civitas Solutions Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18
Debt-to-EBITDA
Get a 7-Day Free Trial 7.79 5.14 4.95 5.38 4.76

Civitas Solutions Quarterly Data
Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18
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 5.06 5.72 3.72 5.19 4.21

Competitive Comparison of Civitas Solutions's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Civitas Solutions'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.


Civitas Solutions's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Civitas Solutions's Debt-to-EBITDA distribution charts can be found below:

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



Civitas Solutions Debt-to-EBITDA Calculation

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

Civitas Solutions's Debt-to-EBITDA for the fiscal year that ended in Sep. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.112 + 699.024) / 148.495
=4.76

Civitas Solutions's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.137 + 697.533) / 167.6
=4.21

* 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 (Dec. 2018) EBITDA data.


Civitas Solutions  (NYSE:CIVI) 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.


Civitas Solutions Debt-to-EBITDA Related Terms

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


Civitas Solutions (Civitas Solutions) Business Description

Traded in Other Exchanges
N/A
Address
313 Congress Street, 6th Floor, Boston, MA, USA, 02210
Civitas Solutions Inc provides health services to people with intellectual, developmental, physical, or behavioral disabilities and other special needs. Its revenue is generated exclusively in the United States. Civitas operates in two segments: human services and post-acute specialty rehabilitation services, or SRS. The human services segment contributes the vast majority of revenue and provides services to people with disabilities, at-risk youth, and the elderly. Its programs for people with intellectual or developmental disabilities provide residential support, case management, and vocational services. The SRS segment provides rehabilitation and transitional living services to people who have experienced brain or spinal injuries or other severe illnesses or injuries.
Executives
Daniel S Oconnell 10 percent owner C/O VESTAR CAPITAL PARTNERS, 245 PARK AVE 41ST FL, NEW YORK NY 10167
Vestar Managers V Ltd. 10 percent owner 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Vestar Associates V, L.p. 10 percent owner 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Greg Roth director ONE PARK PLAZA, NASHVILLE TN 37203
Pamela F Lenehan director C/O AVID TECHNOLOGY, INC., ONE PARK WEST, TEWKSBURY MA 01876
Patrick M. Gray director C/O CIVITAS SOLUTIONS, INC. 313 CONGRESS STREET, 6TH FLOOR BOSTON MA 02210
Guy P Sansone director C/O MEDNAX, 1301 CONCORD TERRACE, SUNRISE FL 33323
Mary Ann Tocio director C/O BRIGHT HORIZONS FAMILY SOLUTIONS, 2 WELLS AVENUE, NEWTON MA 02459
Vestar Capital Partners V L P 10 percent owner 245 PARK AVE 41ST FL, NEW YORK NY 10167
Robert L. Rosner director C/O TRITON INTERNATIONAL LIMITED, 100 MANHATTANVILLE ROAD, PURCHASE NY 10577
Edward M Murphy director, officer: Executive Chair C/O CIVITAS SOLUTIONS, INC. 313 CONGRESS STREET, 6TH FLOOR BOSTON MA 02210
Kevin A Mundt director C/O VESTAR CAPITAL PARTNERS, 245 PARK AVENUE, 41ST FL, NEW YORK NY 10167