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Mikron Holding AG (LTS:0QQF) Debt-to-EBITDA : 0.00 (As of Jun. 2024)


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What is Mikron Holding AG Debt-to-EBITDA?

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

Mikron Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was CHF0.0 Mil. Mikron Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was CHF0.0 Mil. Mikron Holding AG's annualized EBITDA for the quarter that ended in Jun. 2024 was CHF39.2 Mil. Mikron Holding AG's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 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 Mikron Holding AG's Debt-to-EBITDA or its related term are showing as below:

LTS:0QQF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.99   Med: 0.73   Max: 2.68
Current: 0.09

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mikron Holding AG was 2.68. The lowest was -1.99. And the median was 0.73.

LTS:0QQF's Debt-to-EBITDA is ranked better than
90.33% of 2275 companies
in the Industrial Products industry
Industry Median: 1.7 vs LTS:0QQF: 0.09

Mikron Holding AG Debt-to-EBITDA Historical Data

The historical data trend for Mikron Holding 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.

Mikron Holding AG Debt-to-EBITDA Chart

Mikron Holding AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 -1.99 0.29 0.16 0.09

Mikron Holding AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - 0.15 - 0.08 -

Competitive Comparison of Mikron Holding AG's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Mikron Holding 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.


Mikron Holding AG's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mikron Holding AG's Debt-to-EBITDA distribution charts can be found below:

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



Mikron Holding AG Debt-to-EBITDA Calculation

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

Mikron Holding AG'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
=(1.243 + 2.55) / 43.014
=0.09

Mikron Holding AG'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
=(0 + 0) / 39.208
=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 two times the quarterly (Jun. 2024) EBITDA data.


Mikron Holding AG  (LTS:0QQF) 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.


Mikron Holding AG Debt-to-EBITDA Related Terms

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


Mikron Holding AG Business Description

Traded in Other Exchanges
Address
Muhlebrucke 2, Biel, CHE, CH-2502
Mikron Holding AG operates in automation and machining systems that enable extremely precise and productive manufacturing processes. The group engages in the automotive, pharmaceutical, medtech, consumer goods, and watchmaking industries. The business activities are operated through Mikron Machining Solutions and Mikron Automation segments. The Mikron Machining Solutions segment offers customized machining solutions for the manufacturing of complex high-precision components made of metal, such as turbocharger housings, injection nozzles, and ballpoint pen tips. The Mikron Automation segment is a key revenue driver, and manufactures customized automation solutions for the assembly and testing of products.

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