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First Capital SpA (MIL:FIC) Debt-to-EBITDA : -15.76 (As of Jun. 2023)


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What is First Capital SpA Debt-to-EBITDA?

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

First Capital SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.00 Mil. First Capital SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €32.30 Mil. First Capital SpA's annualized EBITDA for the quarter that ended in Jun. 2023 was €-2.05 Mil. First Capital SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -15.76.

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

MIL:FIC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.06   Med: 0.87   Max: 28.36
Current: 28.36

During the past 13 years, the highest Debt-to-EBITDA Ratio of First Capital SpA was 28.36. The lowest was -4.06. And the median was 0.87.

MIL:FIC's Debt-to-EBITDA is ranked worse than
95.18% of 415 companies
in the Capital Markets industry
Industry Median: 1.57 vs MIL:FIC: 28.36

First Capital SpA Debt-to-EBITDA Historical Data

The historical data trend for First Capital 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.

First Capital SpA Debt-to-EBITDA Chart

First Capital SpA Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.06 1.93 2.61 1.15 -1.50

First Capital SpA Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.66 2.61 -2.30 2.31 -15.76

Competitive Comparison of First Capital SpA's Debt-to-EBITDA

For the Capital Markets subindustry, First Capital 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.


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

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

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



First Capital SpA Debt-to-EBITDA Calculation

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

First Capital SpA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 9.997) / -6.649
=-1.50

First Capital SpA'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 + 32.301) / -2.05
=-15.76

* 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.


First Capital SpA  (MIL:FIC) 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.


First Capital SpA Debt-to-EBITDA Related Terms

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


First Capital SpA (MIL:FIC) Business Description

Traded in Other Exchanges
N/A
Address
Viale Luigi Majno, 17/A, Milan, ITA, 20122
First Capital SpA is an investment holding company specialising in Public Equity and Private Equity Investments, focused on Small-Medium Enterprises, with an active approach to managing investee companies. It seeks investment opportunities among companies in niche markets with skilled management teams and with sustainable development plans. The company is a long-term investor which contributes to an increase of its target companies' value over time, supporting entrepreneurs for the creation of successful strategies, also through the appointment of its candidates in the administrative and supervisory bodies.

First Capital SpA (MIL:FIC) Headlines

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