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Piquadro SpA (MIL:PQ) Debt-to-EBITDA : 2.15 (As of Sep. 2023)


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What is Piquadro SpA Debt-to-EBITDA?

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

Piquadro SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €33.1 Mil. Piquadro SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €29.1 Mil. Piquadro SpA's annualized EBITDA for the quarter that ended in Sep. 2023 was €29.0 Mil. Piquadro SpA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.15.

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

MIL:PQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.52   Med: 2.37   Max: 9.74
Current: 1.64

During the past 13 years, the highest Debt-to-EBITDA Ratio of Piquadro SpA was 9.74. The lowest was 0.52. And the median was 2.37.

MIL:PQ's Debt-to-EBITDA is ranked better than
65.32% of 819 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.78 vs MIL:PQ: 1.64

Piquadro SpA Debt-to-EBITDA Historical Data

The historical data trend for Piquadro 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.

Piquadro SpA Debt-to-EBITDA Chart

Piquadro SpA Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.29 9.74 3.76 2.32 1.64

Piquadro SpA Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 Premium Member Only Premium Member Only 2.05 3.99 1.83 2.15 1.42

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

For the Footwear & Accessories subindustry, Piquadro 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.


Piquadro SpA's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Piquadro SpA's Debt-to-EBITDA distribution charts can be found below:

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



Piquadro SpA Debt-to-EBITDA Calculation

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

Piquadro SpA's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(30.146 + 38.267) / 29.46
=2.32

Piquadro SpA's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(33.086 + 29.077) / 28.978
=2.15

* 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 (Sep. 2023) EBITDA data.


Piquadro SpA  (MIL:PQ) 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.


Piquadro SpA Debt-to-EBITDA Related Terms

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


Piquadro SpA (MIL:PQ) Business Description

Traded in Other Exchanges
Address
Localita Sassuriano, 246, Silla di Gaggio Montano, Bologna, ITA, 40041
Piquadro SpA operates in the leather goods market. The company designs, manufactures and markets goods under its own brand name. Its products include women's bags, travel bags, briefcases, belts, wallets, key rings, cigar cases among others. The company's operating segment includes Piquadro; The Bridge and Lancel. It generates maximum revenue from the Lancel segment. Geographically, it derives a majority of revenue from Europe and also has a presence in Italy and the Rest of the World.

Piquadro SpA (MIL:PQ) Headlines

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