Company Overview & Strategy
10 Year Debt Leverage Ratio
Net Debt to Rolling Twelve-Month Adjusted EBITDA*
8.0
6.0
American
Pride.
SEAFOOD
C.WIRTHY&C
4.0
2.0
MOD
4.1
3.9
4.0
3.4
2012***
2013
2014
2015
Sold New Bedford
Scallop business
3.1
2016
Rubicon
5.9
5.8
2017
2018**
4.1
2019
3.0
3.0
2020
2021
Target (3.0x)
*Please refer to the Company's MD&A for Fiscal 2021 for definition of non-IFRS measure "Net Debt to Rolling Twelve-Month Adjusted EBITDA".
**Does not include rolling twelve-month Adjusted EBITDA for Rubicon Resources, LLC (purchased May 30, 2017)
***Pro forma Icelandic acquisition
In the absence of any major acquisitions or unplanned capital expenditures in 2022, we expect this ratio will remain below the Company's long-term target of
3.0x at the end of Fiscal 2022.
HIGH LINER FOODS
2021 High Liner Foods Incorporated
27View entire presentation