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Asseco Poland (Asseco Poland) Debt-to-EBITDA : 1.51 (As of Dec. 2023)


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What is Asseco Poland Debt-to-EBITDA?

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

Asseco Poland's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $332 Mil. Asseco Poland's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $685 Mil. Asseco Poland's annualized EBITDA for the quarter that ended in Dec. 2023 was $672 Mil. Asseco Poland's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.51.

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 Asseco Poland's Debt-to-EBITDA or its related term are showing as below:

ASOZF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.89   Med: 1.38   Max: 1.7
Current: 1.68

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asseco Poland was 1.70. The lowest was 0.89. And the median was 1.38.

ASOZF's Debt-to-EBITDA is ranked worse than
61.4% of 1601 companies
in the Software industry
Industry Median: 1.04 vs ASOZF: 1.68

Asseco Poland Debt-to-EBITDA Historical Data

The historical data trend for Asseco Poland'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.

Asseco Poland Debt-to-EBITDA Chart

Asseco Poland 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 1.70 1.58 1.54 1.44 1.58

Asseco Poland 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 1.45 1.47 0.20 0.25 1.51

Competitive Comparison of Asseco Poland's Debt-to-EBITDA

For the Software - Application subindustry, Asseco Poland'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.


Asseco Poland's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Asseco Poland's Debt-to-EBITDA distribution charts can be found below:

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



Asseco Poland Debt-to-EBITDA Calculation

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

Asseco Poland'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
=(331.516 + 685.09) / 641.966
=1.58

Asseco Poland'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
=(331.516 + 685.09) / 671.516
=1.51

* 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.


Asseco Poland  (OTCPK:ASOZF) 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.


Asseco Poland Debt-to-EBITDA Related Terms

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


Asseco Poland (Asseco Poland) Business Description

Traded in Other Exchanges
Address
14 Olchowa Street, Rzeszow, POL, 35-322
Asseco Poland SA is the Polish subsidiary of the multinational Asseco Group, which has a presence in Europe and Israel. The firm develops sector-specific software for banking and finance, and executes large IT projects for healthcare, insurance, and other sectors in public administration. Asseco's flagship product for the banking sector is the comprehensive IT suite def3000, used by financial institutions in Poland. The firm also provides IT consulting, systems integration, and implementation services for large and midsize industrial enterprises. A large majority of the firm's revenue is generated through proprietary software licenses from Polish institutions.

Asseco Poland (Asseco Poland) Headlines

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