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Mellanox Technologies (FRA:ZZE) Debt-to-EBITDA : 0.00 (As of Mar. 2020)


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What is Mellanox Technologies Debt-to-EBITDA?

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

Mellanox Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was €0 Mil. Mellanox Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2020 was €0 Mil. Mellanox Technologies's annualized EBITDA for the quarter that ended in Mar. 2020 was €461 Mil. Mellanox Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2020 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 Mellanox Technologies's Debt-to-EBITDA or its related term are showing as below:

FRA:ZZE's Debt-to-EBITDA is not ranked *
in the Semiconductors industry.
Industry Median: 1.575
* Ranked among companies with meaningful Debt-to-EBITDA only.

Mellanox Technologies Debt-to-EBITDA Historical Data

The historical data trend for Mellanox Technologies'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.

Mellanox Technologies Debt-to-EBITDA Chart

Mellanox Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.87 0.81 - 0.25

Mellanox Technologies Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 0.23 0.25 0.23 0.20 -

Competitive Comparison of Mellanox Technologies's Debt-to-EBITDA

For the Semiconductors subindustry, Mellanox Technologies'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.


Mellanox Technologies's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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



Mellanox Technologies Debt-to-EBITDA Calculation

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

Mellanox Technologies's Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(17.839 + 54.84) / 288.853
=0.25

Mellanox Technologies's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 461.056
=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 (Mar. 2020) EBITDA data.


Mellanox Technologies  (FRA:ZZE) 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.


Mellanox Technologies Debt-to-EBITDA Related Terms

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


Mellanox Technologies (FRA:ZZE) Business Description

Traded in Other Exchanges
N/A
Address
Beit Mellanox, Yokneam, ISR, 20692
Mellanox Technologies Ltd is engaged in the development, manufacturing, marketing and sales of end-to-end Ethernet and InfiniBand intelligent interconnect solutions and services for servers, storage, and hyper-converged infrastructure. The company offers integrated circuits, adapter cards, switch systems, cables, modules, software, services, and accessories. The company supplies its products mainly to the storage and communications infrastructure equipment vendors. The company operates its business mainly in United States, Europe, China, Japan, India, Taiwan and Australia.

Mellanox Technologies (FRA:ZZE) Headlines

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