SAFLF (Safilo Group SpA) Debt-to-EBITDA : 1.42 (As of Jun. 2024)

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What is Safilo Group SpA Debt-to-EBITDA?

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

Safilo Group SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $42 Mil. Safilo Group SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $110 Mil. Safilo Group SpA's annualized EBITDA for the quarter that ended in Jun. 2024 was $108 Mil. Safilo Group SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 1.42.

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

SAFLF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.12 Med: 1.74 Max: 7.48
Current: 2.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Safilo Group SpA was 7.48. The lowest was -19.12. And the median was 1.74.

SAFLF's Debt-to-EBITDA is ranked worse than
60.37% of 429 companies
in the Medical Devices & Instruments industry
Industry Median: 1.54 vs SAFLF: 2.18

Safilo Group SpA Debt-to-EBITDA Historical Data

The historical data trend for Safilo Group 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.

Safilo Group SpA Debt-to-EBITDA Chart

Safilo Group SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.72

-19.12

1.89

1.58

3.32

Safilo Group SpA Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial															1.29	1.93	2.68	5.24	1.42

Competitive Comparison of Safilo Group SpA's Debt-to-EBITDA

For the Medical Instruments & Supplies subindustry, Safilo Group 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.

Safilo Group SpA's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Safilo Group SpA's Debt-to-EBITDA distribution charts can be found below:

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

Safilo Group SpA Debt-to-EBITDA Calculation

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

Safilo Group 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
	=	(43.504	+	128.358)	/	51.851
	=	3.31

Safilo Group SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(42.492	+	110.339)	/	107.936
	=	1.42

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. 2024) EBITDA data.

Safilo Group SpA (OTCPK:SAFLF) 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.

Safilo Group SpA Debt-to-EBITDA Related Terms

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

Safilo Group SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Safilo Group SpA (OTCPK:SAFLF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

SFL:Italy 0NJ5:UK

Address

Settima Strada, 15, Padua, ITA, 35129

Website

https://www.safilogroup.com

Safilo Group SpA makes sunglasses and prescription eyewear. It is engaged in design, production, and wholesale distribution of its products through a network of independent distributors and commercial subsidiaries. Its products are sold through the Carrera, Smith, Polaroid and Oxydo brands, as well as a range of other licensed brands. The company operates solely through the wholesale segment channels and divides itself into the following four geographical segments: Italy, Europe, America, and Asia. The company earns most of its revenue from the America business segment.