VNE SpA (MIL:VNE) Debt-to-EBITDA : 5.74 (As of Dec. 2022)

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What is VNE SpA Debt-to-EBITDA?

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

VNE SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €3.33 Mil. VNE SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €6.93 Mil. VNE SpA's annualized EBITDA for the quarter that ended in Dec. 2022 was €1.79 Mil. VNE SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 5.74.

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 VNE SpA's Debt-to-EBITDA or its related term are showing as below:

MIL:VNE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.74 Med: 13.44 Max: 21.14
Current: 5.74

During the past 2 years, the highest Debt-to-EBITDA Ratio of VNE SpA was 21.14. The lowest was 5.74. And the median was 13.44.

MIL:VNE's Debt-to-EBITDA is ranked worse than
82.8% of 2296 companies
in the Industrial Products industry
Industry Median: 1.72 vs MIL:VNE: 5.74

VNE SpA Debt-to-EBITDA Historical Data

The historical data trend for VNE SpA'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.

VNE SpA Debt-to-EBITDA Chart

VNE SpA Annual Data

Trend

Dec21

Dec22

Debt-to-EBITDA

21.14

5.74

VNE SpA Semi-Annual Data
	Dec21	Dec22
Debt-to-EBITDA	21.14	5.74

Competitive Comparison of VNE SpA's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, VNE SpA'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.

VNE SpA's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, VNE SpA's Debt-to-EBITDA distribution charts can be found below:

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

VNE SpA Debt-to-EBITDA Calculation

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

VNE SpA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3.334	+	6.933)	/	1.79
	=	5.74

VNE SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3.334	+	6.933)	/	1.79
	=	5.74

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 one times the quarterly (Dec. 2022) EBITDA data.

VNE SpA (MIL:VNE) 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.

VNE SpA Debt-to-EBITDA Related Terms

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

VNE SpA (MIL:VNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » VNE SpA (MIL:VNE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047

Website

https://www.vne.it

VNE SpA produces hardware and software for the management of banknotes, coins and more generally payments and transactions through cash and cashless systems, offering a wide range of customized products and boasting a production of over 7,000 machines a year. It creates, samples and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket and wherever there is a need to manage payments or automated transactions.