Bellini Nautica SpA (MIL:BELL) Debt-to-EBITDA : -17.85 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Bellini Nautica SpA Debt-to-EBITDA?

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

Bellini Nautica SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.64 Mil. Bellini Nautica SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.29 Mil. Bellini Nautica SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €-0.22 Mil. Bellini Nautica SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -17.85.

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 Bellini Nautica SpA's Debt-to-EBITDA or its related term are showing as below:

MIL:BELL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.31 Med: 3.84 Max: 18.84
Current: 6.01

During the past 4 years, the highest Debt-to-EBITDA Ratio of Bellini Nautica SpA was 18.84. The lowest was 1.31. And the median was 3.84.

MIL:BELL's Debt-to-EBITDA is ranked worse than
82.58% of 1056 companies
in the Vehicles & Parts industry
Industry Median: 2.325 vs MIL:BELL: 6.01

Bellini Nautica SpA Debt-to-EBITDA Historical Data

The historical data trend for Bellini Nautica 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.

Bellini Nautica SpA Debt-to-EBITDA Chart

Bellini Nautica SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

18.84

1.31

1.66

6.02

Bellini Nautica SpA Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	1.64	1.92	3.13	-17.85

Competitive Comparison of Bellini Nautica SpA's Debt-to-EBITDA

For the Recreational Vehicles subindustry, Bellini Nautica 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.

Bellini Nautica SpA's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

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

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

Bellini Nautica SpA Debt-to-EBITDA Calculation

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

Bellini Nautica 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
	=	(2.636	+	1.29)	/	0.652
	=	6.02

Bellini Nautica SpA's annualized Debt-to-EBITDA for the quarter 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
	=	(2.636	+	1.29)	/	-0.22
	=	-17.85

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 (Dec. 2023) EBITDA data.

Bellini Nautica SpA (MIL:BELL) 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.

Bellini Nautica SpA Debt-to-EBITDA Related Terms

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

Bellini Nautica SpA (MIL:BELL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Bellini Nautica SpA (MIL:BELL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

F2F:Germany

Address

Via Carlo Lanza 28, Clusane d'Iseo, Via Carlo Lanza 28,, ITA, 25049

Website

https://www.bellininautica.it

Bellini Nautica SpA offers recreational vehicles. It engages in the sale of new Cranchi yachts and used Riva speed boats, dinghies, and motor boats. It restores collectable Riva boats and sells accessories such as Garmin, Fusion, Navigon, Navionics, and Raymarine nautical apparel.

Bellini Nautica SpA (MIL:BELL) Headlines

No Headlines