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Atlanta Braves Holdings (Atlanta Braves Holdings) Debt-to-EBITDA

: -13.04 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Atlanta Braves Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $42.2 Mil. Atlanta Braves Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $630.7 Mil. Atlanta Braves Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $-51.6 Mil. Atlanta Braves Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -13.03.

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

BATRA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -33.94   Med: 6.25   Max: 92.33
Current: -33.94

During the past 8 years, the highest Debt-to-EBITDA Ratio of Atlanta Braves Holdings was 92.33. The lowest was -33.94. And the median was 6.25.

BATRA's Debt-to-EBITDA is ranked worse than
100% of 673 companies
in the Media - Diversified industry
Industry Median: 1.65 vs BATRA: -33.94

Atlanta Braves Holdings Debt-to-EBITDA Historical Data

The historical data trend for Atlanta Braves 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.

Atlanta Braves Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 92.33 -31.91 7.50 9.31 -32.81

Atlanta Braves Holdings 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 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 -6.84 -2.80 20.34 4.99 -13.04

Competitive Comparison

For the Entertainment subindustry, Atlanta Braves 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.


Atlanta Braves Holdings Debt-to-EBITDA Distribution

For the Media - Diversified industry and Communication Services sector, Atlanta Braves Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Atlanta Braves Holdings Debt-to-EBITDA Calculation

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

Atlanta Braves Holdings'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
=(42.153 + 630.702) / -20.505
=-32.81

Atlanta Braves Holdings'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
=(42.153 + 630.702) / -51.62
=-13.03

* 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.


Atlanta Braves Holdings  (NAS:BATRA) 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.


Atlanta Braves Holdings Debt-to-EBITDA Related Terms

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


Atlanta Braves Holdings (Atlanta Braves Holdings) Business Description

Traded in Other Exchanges
Address
12300 Liberty Boulevard, Englewood, CO, USA, 80112
Atlanta Braves Holdings Inc is a holding company. It operates through its wholly-owned subsidiary, which is the owner and operator of the Atlanta Braves Major League Baseball Club and the mixed-use real estate development, The Battery Atlanta, and is the operator of the Atlanta Braves Major League Baseball Club's stadium, Truist Park.
Executives
Gamco Investors, Inc. Et Al 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Associated Capital Group, Inc. 10 percent owner 191 MASON STREET, GREENWICH CT 06830
David E Rapley director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Ggcp, Inc. 10 percent owner 189 MASON STREET, GREENWICH CT 06830
Mario J Gabelli 10 percent owner 191 MASON STREET, GREENWICH CT 06830
Berkshire Hathaway Inc 10 percent owner 3555 FARNAM STREET, OMAHA NE 68131
Renee L Wilm officer: Chief Legal Officer 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
Brian J Wendling officer: CAO/PFO 12300 LIBERTY BOULEVARD, ENGLEWOOD CO 80112
R. Ted Weschler, other: Member of 10% owner group 404B EAST MAIN STREET, 2ND FLOOR, CHARLOTTESVILLE VA 22902
Robert R Bennett director 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Warren E Buffett 10 percent owner 3555 FARNAM ST, STE 1440, OMAHA NE 68131
Albert E Rosenthaler officer: Chief Corp. Dev. Officer 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
John C Malone director, 10 percent owner, officer: Chairman of the Board 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Gregory B Maffei director, officer: President, CEO 12300 LIBERTY BLVD, ENGLEWOOD CO 80112
Brian Deevy director C/O TICKETMASTER, 8800 WEST SUNSET BLVD., WEST HOLLYWOOD CA 90069