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Boston Pizza Royaltiesome Fund (TSX:BPF.UN) Debt-to-EBITDA : 2.15 (As of Dec. 2023)


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What is Boston Pizza Royaltiesome Fund Debt-to-EBITDA?

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

Boston Pizza Royaltiesome Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Boston Pizza Royaltiesome Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$86.50 Mil. Boston Pizza Royaltiesome Fund's annualized EBITDA for the quarter that ended in Dec. 2023 was C$40.29 Mil. Boston Pizza Royaltiesome Fund's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.15.

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 Boston Pizza Royaltiesome Fund's Debt-to-EBITDA or its related term are showing as below:

TSX:BPF.UN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.52   Med: 1.89   Max: 4.3
Current: 1.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Boston Pizza Royaltiesome Fund was 4.30. The lowest was 1.52. And the median was 1.89.

TSX:BPF.UN's Debt-to-EBITDA is ranked better than
65.93% of 273 companies
in the Restaurants industry
Industry Median: 2.97 vs TSX:BPF.UN: 1.83

Boston Pizza Royaltiesome Fund Debt-to-EBITDA Historical Data

The historical data trend for Boston Pizza Royaltiesome Fund'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.

Boston Pizza Royaltiesome Fund Debt-to-EBITDA Chart

Boston Pizza Royaltiesome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.30 4.30 1.75 1.84 1.83

Boston Pizza Royaltiesome Fund 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 1.92 2.12 1.19 2.56 2.15

Competitive Comparison of Boston Pizza Royaltiesome Fund's Debt-to-EBITDA

For the Restaurants subindustry, Boston Pizza Royaltiesome Fund'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.


Boston Pizza Royaltiesome Fund's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Boston Pizza Royaltiesome Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Boston Pizza Royaltiesome Fund's Debt-to-EBITDA falls into.



Boston Pizza Royaltiesome Fund Debt-to-EBITDA Calculation

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

Boston Pizza Royaltiesome Fund'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
=(0 + 86.496) / 47.3
=1.83

Boston Pizza Royaltiesome Fund'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
=(0 + 86.496) / 40.288
=2.15

* 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.


Boston Pizza Royaltiesome Fund  (TSX:BPF.UN) 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.


Boston Pizza Royaltiesome Fund Debt-to-EBITDA Related Terms

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


Boston Pizza Royaltiesome Fund (TSX:BPF.UN) Business Description

Traded in Other Exchanges
Address
13571 Commerce Parkway, Suite 201, Richmond, BC, CAN, V6V 2R2
Boston Pizza Royalties Income Fund is a limited-purpose open-ended trust. It is engaged in the operation and franchising of Boston Pizza restaurants in Canada. The Trust distributes all available cash from operations to the Trust unitholders to the maximum extent possible. The company receives revenue in the form of royalty income.

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