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MasterCraft Boat Holdings (MasterCraft Boat Holdings) Debt-to-EBITDA : 1.15 (As of Dec. 2023)


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What is MasterCraft Boat Holdings Debt-to-EBITDA?

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

MasterCraft Boat Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4.4 Mil. MasterCraft Boat Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $47.1 Mil. MasterCraft Boat Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $44.8 Mil. MasterCraft Boat Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.15.

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

MCFT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.77   Med: 1.16   Max: 3.83
Current: 0.57

During the past 11 years, the highest Debt-to-EBITDA Ratio of MasterCraft Boat Holdings was 3.83. The lowest was -6.77. And the median was 1.16.

MCFT's Debt-to-EBITDA is ranked better than
81.87% of 1037 companies
in the Vehicles & Parts industry
Industry Median: 2.36 vs MCFT: 0.57

MasterCraft Boat Holdings Debt-to-EBITDA Historical Data

The historical data trend for MasterCraft Boat 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.

MasterCraft Boat Holdings Debt-to-EBITDA Chart

MasterCraft Boat Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.77 -6.77 1.08 0.45 0.41

MasterCraft Boat 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 0.46 0.41 0.40 1.04 1.15

Competitive Comparison of MasterCraft Boat Holdings's Debt-to-EBITDA

For the Recreational Vehicles subindustry, MasterCraft Boat 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.


MasterCraft Boat Holdings's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, MasterCraft Boat Holdings's Debt-to-EBITDA distribution charts can be found below:

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



MasterCraft Boat Holdings Debt-to-EBITDA Calculation

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

MasterCraft Boat Holdings'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
=(4.381 + 49.295) / 130.835
=0.41

MasterCraft Boat 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
=(4.368 + 47.075) / 44.76
=1.15

* 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.


MasterCraft Boat Holdings  (NAS:MCFT) 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.


MasterCraft Boat Holdings Debt-to-EBITDA Related Terms

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


MasterCraft Boat Holdings (MasterCraft Boat Holdings) Business Description

Traded in Other Exchanges
Address
100 Cherokee Cove Drive, Vonore, TN, USA, 37885
MasterCraft Boat Holdings Inc designs, manufactures, and markets performance sport boats and outboard boats. The company is based in the United States and operates in three brand-specific segments. The MasterCraft segment generates the majority of the company's revenue and includes inboard boats for water skiing, wakeboarding, and wake surfing. The NauticStar segment includes outboard boats for fishing and recreational boating. Its Crest boats are used for general recreational boating. the majority of the company's sales are made in North America.
Executives
Donald C Campion director 3747 LOCH BEND DR., COMMERCE MI 48382
Coliseum Capital Management, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Kamilah Mitchell-thomas director C/O MASTERCRAFT BOAT HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Coliseum Capital Partners, L.p. 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Adam Gray 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Coliseum Capital, Llc 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Christopher S Shackelton 10 percent owner 105 ROWAYTON AVENUE, ROWAYTON CT 06853
Stephan Cloutier officer: President, Aviara C/O MASTERCRAFT BOAT HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Jennifer Deason director 1040 AVENUE OF THE AMERICAS, 8TH FLOOR, NEW YORK NY 10018
Peter G Leemputte director CHICAGO TITLE CORP, 171 N CLARK ST, CHICAGO IL 80601
Roch Lambert director 100 CHEROKEE COVE DRIVE, VONORE TN 37855
George Steinbarger officer: Chief Revenue Officer 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Timothy M. Oxley officer: Chief Financial Officer C/O MCBC HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37855
Scott Womack officer: President, NauticStar 100 CHEROKEE COVE DRIVE, VONORE TN 37885
Jay S. Povlin officer: President, NauticStar C/O MCBC HOLDINGS, INC., 100 CHEROKEE COVE DRIVE, VONORE TN 37855