SPB Exchange PJSC (MIC:SPBE) Debt-to-EBITDA : 0.00 (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MIC:SPBE SPB Exchange PJSC MIC:SPBE
23 GF Score
Price ₽117.50
View Full Analysis

What is SPB Exchange PJSC Debt-to-EBITDA?

SPB Exchange PJSC MIC:SPBE +3.98% 23 Debt-to-EBITDA is 0.00 as of Jun. 2023. GuruFocus rates MIC:SPBE with a GF Score™ of 23/100.

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

SPB Exchange PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽0.0 Mil. SPB Exchange PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽0.0 Mil. SPB Exchange PJSC's annualized EBITDA for the quarter that ended in Jun. 2023 was ₽2,622.2 Mil. SPB Exchange PJSC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 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 SPB Exchange PJSC's Debt-to-EBITDA or its related term are showing as below:

MIC:SPBE's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.6
* Ranked among companies with meaningful Debt-to-EBITDA only.

SPB Exchange PJSC  (MIC:SPBE) 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.

SPB Exchange PJSC Debt-to-EBITDA Related Terms

SPB Exchange PJSC Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for SPB Exchange PJSC'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.

SPB Exchange PJSC Debt-to-EBITDA Chart

SPB Exchange PJSC Annual Data
Trend Dec19 Dec20 Dec21
Debt-to-EBITDA
0.00 0.00 0.00

SPB Exchange PJSC Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial 0.00 0.13 0.00 0.00 0.00

MIC:SPBE vs SPGI, CME, ICE: Debt-to-EBITDA Comparison

For the Financial Data & Stock Exchanges subindustry, SPB Exchange PJSC'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.

SPB Exchange PJSC Debt-to-EBITDA vs Capital Markets Industry

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

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


MIC:SPBE
23GF Score
SPB Exchange PJSC MIC:SPBE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SPB Exchange PJSC Debt-to-EBITDA Calculation

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

SPB Exchange PJSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 627.377
=0.00

SPB Exchange PJSC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 2622.244
=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. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.00 mean?
SPB Exchange PJSC (MIC:SPBE) has a Debt-to-EBITDA of 0.00 as of Jun. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on SPB Exchange PJSC.
Is SPB Exchange PJSC's Debt-to-EBITDA too high?
SPB Exchange PJSC's current Debt-to-EBITDA is 0.00. Overall, SPB Exchange PJSC has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does SPB Exchange PJSC's Debt-to-EBITDA compare to SPGI and CME?
SPB Exchange PJSC's Debt-to-EBITDA of 0.00 can be compared against companies in the Capital Markets industry. The industry median Debt-to-EBITDA is 1.60. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.60, based on 422 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on SPB Exchange PJSC. For the Capital Markets industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SPB Exchange PJSC's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SPB Exchange PJSC stock overvalued right now?
SPB Exchange PJSC (MIC:SPBE) has a current Debt-to-EBITDA of 0.00. The current Debt-to-EBITDA is 0.00. SPB Exchange PJSC's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For SPB Exchange PJSC (MIC:SPBE), the current Debt-to-EBITDA is 0.00 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SPB Exchange PJSC Business Description

Address 38 Dolgorukovskaya Street, Building 1, Moscow, RUS, 127006
SPB Exchange PJSC is an exchange for international securities in the Russian financial market. It operates according to a business-to-business and business-to-customer model, simultaneously focusing on retail investors and financial intermediaries as direct customers. The company provides access to investment products for Russian and international investors, operating through its trading infrastructure and order-routing mechanisms.
23GF Score

Get the complete analysis for MIC:SPBE

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₽117.50
Price