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Civitanavi Systems SpA (MIL:CNS) Debt-to-EBITDA : 0.38 (As of Dec. 2023)


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What is Civitanavi Systems SpA Debt-to-EBITDA?

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

Civitanavi Systems SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.27 Mil. Civitanavi Systems SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.97 Mil. Civitanavi Systems SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €16.49 Mil. Civitanavi Systems SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.38.

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

MIL:CNS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.21   Med: 0.57   Max: 1.03
Current: 0.79

During the past 7 years, the highest Debt-to-EBITDA Ratio of Civitanavi Systems SpA was 1.03. The lowest was 0.21. And the median was 0.57.

MIL:CNS's Debt-to-EBITDA is ranked better than
68.74% of 1737 companies
in the Hardware industry
Industry Median: 1.88 vs MIL:CNS: 0.79

Civitanavi Systems SpA Debt-to-EBITDA Historical Data

The historical data trend for Civitanavi Systems 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.

Civitanavi Systems SpA Debt-to-EBITDA Chart

Civitanavi Systems SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.32 0.38 0.76 0.21 0.79

Civitanavi Systems SpA Semi-Annual Data
Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 0.49 0.47 0.17 -3.59 0.38

Competitive Comparison of Civitanavi Systems SpA's Debt-to-EBITDA

For the Scientific & Technical Instruments subindustry, Civitanavi Systems 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.


Civitanavi Systems SpA's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Civitanavi Systems SpA's Debt-to-EBITDA distribution charts can be found below:

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



Civitanavi Systems SpA Debt-to-EBITDA Calculation

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

Civitanavi Systems 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
=(1.27 + 4.969) / 7.937
=0.79

Civitanavi Systems 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
=(1.27 + 4.969) / 16.49
=0.38

* 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 (Dec. 2023) EBITDA data.


Civitanavi Systems SpA  (MIL:CNS) 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.


Civitanavi Systems SpA Debt-to-EBITDA Related Terms

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


Civitanavi Systems SpA Business Description

Traded in Other Exchanges
Address
Via del Progresso 5, Pedaso, ITA, 63827
Civitanavi Systems SpA is engaged in the design, development, and manufacture of high-tech solutions for Inertial Navigation, Geo Reference, and Stabilization systems for both industrial and defence use.