ELSA Solutions SpA (MIL:ELSA) Debt-to-EBITDA : 2.88 (As of Dec. 2023)

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What is ELSA Solutions SpA Debt-to-EBITDA?

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

ELSA Solutions SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4.56 Mil. ELSA Solutions SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €2.72 Mil. ELSA Solutions SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €2.53 Mil. ELSA Solutions SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.88.

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

MIL:ELSA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.88 Med: 4.89 Max: 6.14
Current: 2.88

During the past 3 years, the highest Debt-to-EBITDA Ratio of ELSA Solutions SpA was 6.14. The lowest was 2.88. And the median was 4.89.

MIL:ELSA's Debt-to-EBITDA is ranked worse than
65.22% of 2297 companies
in the Industrial Products industry
Industry Median: 1.75 vs MIL:ELSA: 2.88

ELSA Solutions SpA Debt-to-EBITDA Historical Data

The historical data trend for ELSA Solutions 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.

ELSA Solutions SpA Debt-to-EBITDA Chart

ELSA Solutions SpA Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

6.14

4.89

2.88

ELSA Solutions SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Debt-to-EBITDA	6.14	4.89	2.88

Competitive Comparison of ELSA Solutions SpA's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, ELSA Solutions 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.

ELSA Solutions SpA's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, ELSA Solutions SpA's Debt-to-EBITDA distribution charts can be found below:

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

ELSA Solutions SpA Debt-to-EBITDA Calculation

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

ELSA Solutions 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
	=	(4.561	+	2.723)	/	2.533
	=	2.88

ELSA Solutions 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
	=	(4.561	+	2.723)	/	2.533
	=	2.88

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 one times the quarterly (Dec. 2023) EBITDA data.

ELSA Solutions SpA (MIL:ELSA) 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.

ELSA Solutions SpA Debt-to-EBITDA Related Terms

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

ELSA Solutions SpA (MIL:ELSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ELSA Solutions SpA (MIL:ELSA) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via P. Patarini 15, Imola, ITA, 40026

Website

https://www.elsaweb.it

ELSA Solutions SpA is a company engaged in in the motion control and special purpose batteries sector. It operates through two business lines: the E-Motion line, dedicated to the system integrator activity of industrial automation systems (motion control), with which it offers solutions and components for operation, management and the control of the movement of mechanical systems in the field of industrial automation and the movement of precision, and the Aliant line, dedicated to the assembly of special purpose battery systems, in particular lithium batteries and in the hydrogen systems sector in which the Company operates as an OEM (Original Equipment Manufacturer) and ODM (Original Design Manufacturing.

ELSA Solutions SpA (MIL:ELSA) Headlines

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