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Technoprobe SpA (CHIX:TPROM) Debt-to-EBITDA : 0.12 (As of Jun. 2024)


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What is Technoprobe SpA Debt-to-EBITDA?

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

Technoprobe SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €4.1 Mil. Technoprobe SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €12.8 Mil. Technoprobe SpA's annualized EBITDA for the quarter that ended in Jun. 2024 was €140.0 Mil. Technoprobe SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.12.

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

CHIX:TPROm' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 0.24
Current: 0.13

During the past 5 years, the highest Debt-to-EBITDA Ratio of Technoprobe SpA was 0.24. The lowest was 0.03. And the median was 0.07.

CHIX:TPROm's Debt-to-EBITDA is ranked better than
84.47% of 702 companies
in the Semiconductors industry
Industry Median: 1.565 vs CHIX:TPROm: 0.13

Technoprobe SpA Debt-to-EBITDA Historical Data

The historical data trend for Technoprobe 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.

Technoprobe SpA Debt-to-EBITDA Chart

Technoprobe SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.03 0.24 0.07 0.03 0.11

Technoprobe SpA Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 0.04 0.03 0.10 0.11 0.12

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

For the Semiconductors subindustry, Technoprobe 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.


Technoprobe SpA's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Technoprobe SpA's Debt-to-EBITDA distribution charts can be found below:

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



Technoprobe SpA Debt-to-EBITDA Calculation

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

Technoprobe SpA'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
=(3.135 + 10.392) / 128.481
=0.11

Technoprobe SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.062 + 12.832) / 139.996
=0.12

* 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 two times the quarterly (Jun. 2024) EBITDA data.


Technoprobe SpA  (CHIX:TPROm) 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.


Technoprobe SpA Debt-to-EBITDA Related Terms

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


Technoprobe SpA Business Description

Traded in Other Exchanges
Address
Via Cavalieri di Vittorio Veneto, 2, Cernusco Lombardone, ITA, 23870
Technoprobe SpA operates in the production of electronic circuits, and `mechanical interfaces for electrical contacting of hybrid circuits and semiconductor devices and it is specialized in the design, development and production of probe cards used to test the operation of chips. The company operates in Asia, America, Europe, and Italy and derives a majority of its revenue from Asia.

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