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Miba AG (LTS:0F98) Debt-to-EBITDA : 1.08 (As of Jul. 2015)


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What is Miba AG Debt-to-EBITDA?

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

Miba AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2015 was €26.6 Mil. Miba AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2015 was €108.9 Mil. Miba AG's annualized EBITDA for the quarter that ended in Jul. 2015 was €125.1 Mil. Miba AG's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2015 was 1.08.

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 Miba AG's Debt-to-EBITDA or its related term are showing as below:

LTS:0F98's Debt-to-EBITDA is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.33
* Ranked among companies with meaningful Debt-to-EBITDA only.

Miba AG Debt-to-EBITDA Historical Data

The historical data trend for Miba AG'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.

Miba AG Debt-to-EBITDA Chart

Miba AG Annual Data
Trend Jan10 Jan11 Jan12 Jan13 Jan14 Jan15
Debt-to-EBITDA
Get a 7-Day Free Trial - - 1.21 1.12 1.03

Miba AG Quarterly Data
Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15
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 0.93 0.95 1.01 0.90 1.08

Competitive Comparison of Miba AG's Debt-to-EBITDA

For the Auto Parts subindustry, Miba AG'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.


Miba AG's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Miba AG's Debt-to-EBITDA distribution charts can be found below:

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



Miba AG Debt-to-EBITDA Calculation

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

Miba AG's Debt-to-EBITDA for the fiscal year that ended in Jan. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.313 + 112.428) / 127.383
=1.03

Miba AG's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(26.598 + 108.882) / 125.148
=1.08

* 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 (Jul. 2015) EBITDA data.


Miba AG  (LTS:0F98) 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.


Miba AG Debt-to-EBITDA Related Terms

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


Miba AG (LTS:0F98) Business Description

Traded in Other Exchanges
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Miba AG along with its subsidiaries manufactures & develops components for engines & automotive industries. It offers sintered components, engine bearings, friction materials, power electronics components and coatings.

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