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Seco SpA (MIL:IOT) Debt-to-EBITDA : 0.28 (As of Mar. 2024)


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What is Seco SpA Debt-to-EBITDA?

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

Seco SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €1.9 Mil. Seco SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €8.4 Mil. Seco SpA's annualized EBITDA for the quarter that ended in Mar. 2024 was €36.6 Mil. Seco SpA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.28.

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

MIL:IOT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.22   Med: 3.2   Max: 9.6
Current: 0.22

During the past 6 years, the highest Debt-to-EBITDA Ratio of Seco SpA was 9.60. The lowest was 0.22. And the median was 3.20.

MIL:IOT's Debt-to-EBITDA is ranked better than
79.86% of 700 companies
in the Semiconductors industry
Industry Median: 1.565 vs MIL:IOT: 0.22

Seco SpA Debt-to-EBITDA Historical Data

The historical data trend for Seco 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.

Seco SpA Debt-to-EBITDA Chart

Seco SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 2.50 3.51 9.60 4.53 2.90

Seco SpA Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.16 0.39 0.56 2.72 0.28

Competitive Comparison of Seco SpA's Debt-to-EBITDA

For the Semiconductors subindustry, Seco 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.


Seco SpA's Debt-to-EBITDA Distribution in the Semiconductors Industry

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

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



Seco SpA Debt-to-EBITDA Calculation

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

Seco 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
=(24.368 + 115.531) / 48.251
=2.90

Seco SpA's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.948 + 8.367) / 36.624
=0.28

* 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 four times the quarterly (Mar. 2024) EBITDA data.


Seco SpA  (MIL:IOT) 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.


Seco SpA Debt-to-EBITDA Related Terms

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


Seco SpA (MIL:IOT) Business Description

Traded in Other Exchanges
Address
Via Achille Grandi No. 20, Arezzo, ITA
Seco SpA is engaged in providing solutions ranging from the single microcomputer to integrated systems and software platforms. It supplies a variety of industrial sectors including healthcare, industrial automation, logistics, and transportation. The company product portfolio includes Modules, Single Board Computer, HMI Solutions, and Fanless Embedded Computers.