Grupo Greening 2022 (XMAD:GGR) Debt-to-EBITDA : 3.52 (As of Jun. 2023)

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What is Grupo Greening 2022 Debt-to-EBITDA?

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

Grupo Greening 2022's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €14.54 Mil. Grupo Greening 2022's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €7.18 Mil. Grupo Greening 2022's annualized EBITDA for the quarter that ended in Jun. 2023 was €6.16 Mil. Grupo Greening 2022's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 3.52.

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 Grupo Greening 2022's Debt-to-EBITDA or its related term are showing as below:

XMAD:GGR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3 Med: 3.61 Max: 6.18
Current: 3.82

During the past 3 years, the highest Debt-to-EBITDA Ratio of Grupo Greening 2022 was 6.18. The lowest was 3.00. And the median was 3.61.

XMAD:GGR's Debt-to-EBITDA is ranked worse than
70.93% of 829 companies
in the Business Services industry
Industry Median: 1.88 vs XMAD:GGR: 3.82

Grupo Greening 2022 Debt-to-EBITDA Historical Data

The historical data trend for Grupo Greening 2022'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.

Grupo Greening 2022 Debt-to-EBITDA Chart

Grupo Greening 2022 Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-EBITDA

3.00

6.18

3.61

Grupo Greening 2022 Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	N/A	N/A	-	2.45	3.52

Competitive Comparison of Grupo Greening 2022's Debt-to-EBITDA

For the Specialty Business Services subindustry, Grupo Greening 2022'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.

Grupo Greening 2022's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Grupo Greening 2022's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Grupo Greening 2022's Debt-to-EBITDA falls into.

Grupo Greening 2022 Debt-to-EBITDA Calculation

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

Grupo Greening 2022'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
	=	(8.498	+	4.308)	/	3.544
	=	3.61

Grupo Greening 2022'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
	=	(14.538	+	7.175)	/	6.164
	=	3.52

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.

Grupo Greening 2022 (XMAD:GGR) 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.

Grupo Greening 2022 Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Grupo Greening 2022's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Grupo Greening 2022 (XMAD:GGR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Grupo Greening 2022 SA (XMAD:GGR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

70I:Germany

Address

C/ Alcayata, 4. Polígono Industrial El Florío, Granada, ESP, 18015

Website

https://www.greening-group.com

Grupo Greening 2022 SA is a diversified business group, whose objectives are innovation and international development in all its business areas: renewable energies, hydraulic projects, engineering, concessions, services and industry.