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Health Italia SpA (FRA:6I50) Debt-to-EBITDA : 2.20 (As of Dec. 2023)


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What is Health Italia SpA Debt-to-EBITDA?

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

Health Italia SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.28 Mil. Health Italia SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €8.10 Mil. Health Italia SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €4.71 Mil. Health Italia SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.20.

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

FRA:6I50' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.14   Med: 2.19   Max: 4.84
Current: 1.96

During the past 9 years, the highest Debt-to-EBITDA Ratio of Health Italia SpA was 4.84. The lowest was 0.14. And the median was 2.19.

FRA:6I50's Debt-to-EBITDA is ranked better than
57.14% of 14 companies
in the Healthcare Plans industry
Industry Median: 2.5 vs FRA:6I50: 1.96

Health Italia SpA Debt-to-EBITDA Historical Data

The historical data trend for Health Italia 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.

Health Italia SpA Debt-to-EBITDA Chart

Health Italia SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 4.14 4.84 3.79 2.19 1.96

Health Italia SpA Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.76 1.89 2.63 1.72 2.20

Competitive Comparison of Health Italia SpA's Debt-to-EBITDA

For the Healthcare Plans subindustry, Health Italia 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.


Health Italia SpA's Debt-to-EBITDA Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Health Italia SpA's Debt-to-EBITDA distribution charts can be found below:

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



Health Italia SpA Debt-to-EBITDA Calculation

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

Health Italia 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
=(2.283 + 8.099) / 5.285
=1.96

Health Italia SpA'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
=(2.283 + 8.099) / 4.71
=2.20

* 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 (Dec. 2023) EBITDA data.


Health Italia SpA  (FRA:6I50) 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.


Health Italia SpA Debt-to-EBITDA Related Terms

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


Health Italia SpA (FRA:6I50) Business Description

Traded in Other Exchanges
Address
Via di Santa Cornelia, 9, Formello, ITA, 00060
Health Italia SpA is an Italy based company engaged in offering integrated healthcare services. It operates in the promotion of integrated and alternative healthcare solutions and provides administrative, liquidation, information technology and consulting services for health funds, health care funds and mutual-aid companies. In addition, the group is also active in the corporate welfare market and manages outsourced flexible benefit welfare plans.

Health Italia SpA (FRA:6I50) Headlines

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