Industrie De Nora SpA (LTS:0ABI) Debt-to-EBITDA : 1.32 (As of Sep. 2024)

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What is Industrie De Nora SpA Debt-to-EBITDA?

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

Industrie De Nora SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €15.2 Mil. Industrie De Nora SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €137.6 Mil. Industrie De Nora SpA's annualized EBITDA for the quarter that ended in Sep. 2024 was €115.8 Mil. Industrie De Nora SpA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.32.

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

LTS:0ABI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.47 Med: 2.1 Max: 4.63
Current: 1

During the past 5 years, the highest Debt-to-EBITDA Ratio of Industrie De Nora SpA was 4.63. The lowest was 0.47. And the median was 2.10.

LTS:0ABI's Debt-to-EBITDA is ranked better than
70.13% of 1192 companies
in the Chemicals industry
Industry Median: 2.375 vs LTS:0ABI: 1.00

Industrie De Nora SpA Debt-to-EBITDA Historical Data

The historical data trend for Industrie De Nora 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.

Industrie De Nora SpA Debt-to-EBITDA Chart

Industrie De Nora SpA Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

4.63

2.22

2.10

1.82

0.47

Industrie De Nora SpA Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial												0.20	0.74	1.06	1.00	1.32

Competitive Comparison of Industrie De Nora SpA's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Industrie De Nora 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.

Industrie De Nora SpA's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Industrie De Nora SpA's Debt-to-EBITDA distribution charts can be found below:

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

Industrie De Nora SpA Debt-to-EBITDA Calculation

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

Industrie De Nora 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
	=	(10.199	+	133.716)	/	304.631
	=	0.47

Industrie De Nora SpA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(15.155	+	137.619)	/	115.772
	=	1.32

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 (Sep. 2024) EBITDA data.

Industrie De Nora SpA (LTS:0ABI) 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.

Industrie De Nora SpA Debt-to-EBITDA Related Terms

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

Industrie De Nora SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Industrie De Nora SpA (LTS:0ABI) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

DNR:Italy M3D:Germany

Address

Via Leonardo Bistolfi, 35, Milan, ITA, 20134

Website

https://www.denora.com

Industrie De Nora SpA manufactures and distributes chemicals. The Group is organized into three business segments: the Electrode Technologies business. Energy Transition business and the Water Technologies business. Electrode Technologies segment earns the majority of companies revenues. The company's products include Analyzers & Detectors, Anodes for Chlorine Evolution, Anodes for oxygen evolution, Cathodes for Hydrogen Evolution, Disinfection systems, Electrochlorination systems, Filtration Solutions, Membrane Technologies, Contaminant removal systems.

Industrie De Nora SpA Headlines

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