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Italian Wine Brands SpA (MIL:IWB) Debt-to-EBITDA : 3.98 (As of Dec. 2023)


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What is Italian Wine Brands SpA Debt-to-EBITDA?

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

Italian Wine Brands SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €31.9 Mil. Italian Wine Brands SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €155.4 Mil. Italian Wine Brands SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €47.0 Mil. Italian Wine Brands SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.98.

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

MIL:IWB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2   Med: 4.85   Max: 7.41
Current: 4.86

During the past 9 years, the highest Debt-to-EBITDA Ratio of Italian Wine Brands SpA was 7.41. The lowest was 2.00. And the median was 4.85.

MIL:IWB's Debt-to-EBITDA is ranked worse than
80.37% of 163 companies
in the Beverages - Alcoholic industry
Industry Median: 1.81 vs MIL:IWB: 4.86

Italian Wine Brands SpA Debt-to-EBITDA Historical Data

The historical data trend for Italian Wine Brands 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.

Italian Wine Brands SpA Debt-to-EBITDA Chart

Italian Wine Brands SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 2.93 2.00 6.23 7.41 4.86

Italian Wine Brands SpA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.99 8.12 6.77 6.77 3.98

Competitive Comparison of Italian Wine Brands SpA's Debt-to-EBITDA

For the Beverages - Wineries & Distilleries subindustry, Italian Wine Brands 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.


Italian Wine Brands SpA's Debt-to-EBITDA Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Italian Wine Brands SpA's Debt-to-EBITDA distribution charts can be found below:

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



Italian Wine Brands SpA Debt-to-EBITDA Calculation

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

Italian Wine Brands 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
=(31.911 + 155.445) / 38.545
=4.86

Italian Wine Brands 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
=(31.911 + 155.445) / 47.032
=3.98

* 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.


Italian Wine Brands SpA  (MIL:IWB) 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.


Italian Wine Brands SpA Debt-to-EBITDA Related Terms

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


Italian Wine Brands SpA (MIL:IWB) Business Description

Traded in Other Exchanges
Address
Viale Abruzzi 94, Milan, ITA, 20131
Italian Wine Brands SpA through its subsidiaries is engaged in the production and distribution of wine in Italy. The group works through two different sales channels namely Distance Selling and Wholesale. The company also offers gourmet food products, coffee, and extra virgin olive oil, to Terre dei Gigli and Italian Art Cafe brands. The company operates in Europe and rest of the world.

Italian Wine Brands SpA (MIL:IWB) Headlines

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