Torrid Holdings (Torrid Holdings) Debt-to-EBITDA : 5.17 (As of Jan. 2024)

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What is Torrid Holdings Debt-to-EBITDA?

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

Torrid Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $66 Mil. Torrid Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $445 Mil. Torrid Holdings's annualized EBITDA for the quarter that ended in Jan. 2024 was $99 Mil. Torrid Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 5.17.

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

CURV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.02 Med: 3.82 Max: 4.81
Current: 3.74

During the past 6 years, the highest Debt-to-EBITDA Ratio of Torrid Holdings was 4.81. The lowest was 3.02. And the median was 3.82.

CURV's Debt-to-EBITDA is ranked worse than
64.33% of 841 companies
in the Retail - Cyclical industry
Industry Median: 2.68 vs CURV: 3.74

Torrid Holdings Debt-to-EBITDA Historical Data

The historical data trend for Torrid Holdings'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.

Torrid Holdings Debt-to-EBITDA Chart

Torrid Holdings Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-EBITDA

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3.94

3.82

4.81

3.02

3.74

Torrid Holdings Quarterly Data
	Jan19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-EBITDA	Get a 7-Day Free Trial													6.05	2.94	3.18	4.90	5.17

Competitive Comparison of Torrid Holdings's Debt-to-EBITDA

For the Apparel Retail subindustry, Torrid Holdings'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.

Torrid Holdings's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Torrid Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Torrid Holdings Debt-to-EBITDA Calculation

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

Torrid Holdings's Debt-to-EBITDA for the fiscal year that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(66.174	+	445.108)	/	136.606
	=	3.74

Torrid Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(66.174	+	445.108)	/	98.948
	=	5.17

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 (Jan. 2024) EBITDA data.

Torrid Holdings (NYSE:CURV) 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.

Torrid Holdings Debt-to-EBITDA Related Terms

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

Torrid Holdings (Torrid Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Torrid Holdings Inc (NYSE:CURV) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

18501 East San Jose Avenue, City of Industry, CA, USA, 91748

Website

https://www.torrid.com

Torrid Holdings Inc is a direct-to-consumer brand of apparel, intimates and accessories in North America targeting the 25- to 40-year old woman. It is focused on fit and offers high quality products across a broad assortment that includes tops, bottoms, denim, dresses, intimates, activewear, footwear and accessories. The company has one reportable segment, which includes the operation of e-Commerce platform and stores.

Executives

Valeria Rico Nikolov	director	C/O TORRID HOLDINGS INC., 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Mark Mizicko	officer: Chief Commercial Officer	18305 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Paula Dempsey	officer: See Remarks	18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Theo Killion	director	C/O TOMMY HILFIGER U.S.A., INC., 25 W. 39TH STREET, NEW YORK NY 10018
Bridgett C. Zeterberg	officer: See Remarks	18501 E. SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Timothy O Martin	officer: See Remarks	AMGEN INC, ONE AMGEN CENTER DRIVE, THOUSAND OAKS CA 91320-1799
Michael A Shaffer	director	C/O PHILLIPS-VAN HEUSEN CORPORATION, 200 MADISON AVENUE, NEW YORK NY 10016
Chinwe Abaelu	officer: See Remarks	C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Tanner Macdiarmid	officer: See Remarks	C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Kelly Mcguire Diehl	officer: See Remarks	C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Anne Stephenson	officer: See Remarks	C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Elizabeth Munoz	director, officer: Chief Executive Officer	C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
Michael Robert Salmon	officer: Chief Operating Officer	C/O TORRID INC., 18501 E. SAN JOSE AVE., CITY OF INDUSTRY CA 91748
George Wehlitz	officer: Chief Financial Officer	C/O TORRID HOLDINGS, 18501 EAST SAN JOSE AVENUE, CITY OF INDUSTRY CA 91748
Sycamore Partners Torrid, L.l.c.	10 percent owner	9 W. 57TH STREET, 31ST FLOOR, NEW YORK NY 10019