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Nasdaq (MEX:NDAQ) Debt-to-EBITDA : 4.22 (As of Sep. 2024)


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What is Nasdaq Debt-to-EBITDA?

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

Nasdaq's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN9,825 Mil. Nasdaq's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was MXN192,138 Mil. Nasdaq's annualized EBITDA for the quarter that ended in Sep. 2024 was MXN47,808 Mil. Nasdaq's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 4.22.

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

MEX:NDAQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.71   Med: 3.19   Max: 8.34
Current: 4.5

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nasdaq was 8.34. The lowest was 2.71. And the median was 3.19.

MEX:NDAQ's Debt-to-EBITDA is ranked worse than
73.09% of 431 companies
in the Capital Markets industry
Industry Median: 1.56 vs MEX:NDAQ: 4.50

Nasdaq Debt-to-EBITDA Historical Data

The historical data trend for Nasdaq'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.

Nasdaq Debt-to-EBITDA Chart

Nasdaq 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 2.81 3.94 3.23 3.16 5.45

Nasdaq Quarterly Data
Dec19 Mar20 Jun20 Sep20 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 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 4.58 5.34 4.56 4.30 4.22

Competitive Comparison of Nasdaq's Debt-to-EBITDA

For the Financial Data & Stock Exchanges subindustry, Nasdaq'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.


Nasdaq's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Nasdaq's Debt-to-EBITDA distribution charts can be found below:

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



Nasdaq Debt-to-EBITDA Calculation

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

Nasdaq'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
=(4939.506 + 179587.544) / 33880.599
=5.45

Nasdaq'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
=(9825.46 + 192137.948) / 47808.048
=4.22

* 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 (Sep. 2024) EBITDA data.


Nasdaq  (MEX:NDAQ) 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.


Nasdaq Debt-to-EBITDA Related Terms

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


Nasdaq Business Description

Address
151 W. 42nd Street, New York, NY, USA, 10036
Founded in 1971, Nasdaq is primarily known for its equity exchange, but in addition to its market-services business (about 35% of sales), the company sells and distributes market data as well as offers Nasdaq-branded indexes to asset managers and investors through its information-services segment (30%). Nasdaq's corporate-services business (20%) offers listing services and related investor relations products to publicly traded companies and through the company's market technology group (15%), Nasdaq facilitates the exchange operations of other exchanges throughout the world and provides financial compliance services.