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IPAS Indexo (ORSE:IDX1R) Debt-to-EBITDA : -0.72 (As of Mar. 2024)


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What is IPAS Indexo Debt-to-EBITDA?

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

IPAS Indexo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.00 Mil. IPAS Indexo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €2.17 Mil. IPAS Indexo's annualized EBITDA for the quarter that ended in Mar. 2024 was €-3.01 Mil. IPAS Indexo's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.72.

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 IPAS Indexo's Debt-to-EBITDA or its related term are showing as below:

ORSE:IDX1R' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.77   Med: -0.03   Max: 1
Current: -0.77

During the past 6 years, the highest Debt-to-EBITDA Ratio of IPAS Indexo was 1.00. The lowest was -0.77. And the median was -0.03.

ORSE:IDX1R's Debt-to-EBITDA is ranked worse than
100% of 357 companies
in the Asset Management industry
Industry Median: 1.35 vs ORSE:IDX1R: -0.77

IPAS Indexo Debt-to-EBITDA Historical Data

The historical data trend for IPAS Indexo'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.

IPAS Indexo Debt-to-EBITDA Chart

IPAS Indexo Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.03 -0.71 1.00 -0.08 -0.02

IPAS Indexo Quarterly Data
Dec18 Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.03 -0.03 -0.02 -0.02 -0.72

Competitive Comparison of IPAS Indexo's Debt-to-EBITDA

For the Asset Management subindustry, IPAS Indexo'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.


IPAS Indexo's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, IPAS Indexo's Debt-to-EBITDA distribution charts can be found below:

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



IPAS Indexo Debt-to-EBITDA Calculation

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

IPAS Indexo'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
=(0.043 + 0.004) / -2.773
=-0.02

IPAS Indexo's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2.171) / -3.012
=-0.72

* 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 (Mar. 2024) EBITDA data.


IPAS Indexo  (ORSE:IDX1R) 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.


IPAS Indexo Debt-to-EBITDA Related Terms

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


IPAS Indexo (ORSE:IDX1R) Business Description

Traded in Other Exchanges
N/A
Address
13-1A Elizabetes Street, Riga, LVA, 1010
IPAS Indexo is a licensed investment management company. INDEXO has revolutionized the pension administration market, now the company is working to do the same in the banking sector and establish a new, strong, modern, and customer-friendly bank. Its products include the 2nd pension level and 3. pension level.

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