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Fast Finance24 Holding AG (XTER:FF24) Debt-to-EBITDA : 0.00 (As of Dec. 2021)


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What is Fast Finance24 Holding AG Debt-to-EBITDA?

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

Fast Finance24 Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was €0.00 Mil. Fast Finance24 Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was €0.00 Mil. Fast Finance24 Holding AG's annualized EBITDA for the quarter that ended in Dec. 2021 was €-16.54 Mil. Fast Finance24 Holding AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 was 0.00.

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 Fast Finance24 Holding AG's Debt-to-EBITDA or its related term are showing as below:

XTER:FF24's Debt-to-EBITDA is not ranked *
in the Credit Services industry.
Industry Median: 7.33
* Ranked among companies with meaningful Debt-to-EBITDA only.

Fast Finance24 Holding AG Debt-to-EBITDA Historical Data

The historical data trend for Fast Finance24 Holding AG'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.

Fast Finance24 Holding AG Debt-to-EBITDA Chart

Fast Finance24 Holding AG Annual Data
Trend Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.50 6.49 6.80 - -

Fast Finance24 Holding AG Quarterly Data
Dec13 Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22
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 - - - - N/A

Competitive Comparison of Fast Finance24 Holding AG's Debt-to-EBITDA

For the Credit Services subindustry, Fast Finance24 Holding AG'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.


Fast Finance24 Holding AG's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Fast Finance24 Holding AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fast Finance24 Holding AG's Debt-to-EBITDA falls into.



Fast Finance24 Holding AG Debt-to-EBITDA Calculation

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

Fast Finance24 Holding AG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Fast Finance24 Holding AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -16.54
=0.00

* 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. 2021) EBITDA data.


Fast Finance24 Holding AG  (XTER:FF24) 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.


Fast Finance24 Holding AG Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Fast Finance24 Holding AG's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Fast Finance24 Holding AG (XTER:FF24) Business Description

Traded in Other Exchanges
N/A
Address
Uhlandstrasse 165/166, Berlin, DEU, 10719
Fast Finance24 Holding AG is involved in providing different online products for consumer credits such as FF24 Rent, FF24 payments and FF24 Pay offering financial services to benefit the underbanked people facing a short-term economic issue. It also consists of other products such as FF24 Trade, FF24 invest and OK.de. FF24 Rent platform is optimised for both desktop and mobile devices. This means that a customer can instantly request a loan on the go, whenever and wherever he needs it.

Fast Finance24 Holding AG (XTER:FF24) Headlines

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