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Altran Technologies (XPAR:ALTNV) Debt-to-EBITDA : 5.42 (As of Jun. 2019)


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What is Altran Technologies Debt-to-EBITDA?

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

Altran Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was €222 Mil. Altran Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2019 was €1,771 Mil. Altran Technologies's annualized EBITDA for the quarter that ended in Jun. 2019 was €368 Mil. Altran Technologies's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 was 5.42.

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 Altran Technologies's Debt-to-EBITDA or its related term are showing as below:

XPAR:ALTNV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.75   Med: 1.96   Max: 6.23
Current: 5.19

During the past 13 years, the highest Debt-to-EBITDA Ratio of Altran Technologies was 6.23. The lowest was -13.75. And the median was 1.96.

XPAR:ALTNV's Debt-to-EBITDA is not ranked
in the Construction industry.
Industry Median: 2.305 vs XPAR:ALTNV: 5.19

Altran Technologies Debt-to-EBITDA Historical Data

The historical data trend for Altran Technologies'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.

Altran Technologies Debt-to-EBITDA Chart

Altran Technologies Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.22 1.84 1.29 3.35 6.23

Altran Technologies Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 3.95 2.97 10.58 4.56 5.42

Competitive Comparison of Altran Technologies's Debt-to-EBITDA

For the Engineering & Construction subindustry, Altran Technologies'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.


Altran Technologies's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Altran Technologies's Debt-to-EBITDA distribution charts can be found below:

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



Altran Technologies Debt-to-EBITDA Calculation

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

Altran Technologies's Debt-to-EBITDA for the fiscal year that ended in Dec. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(178.717 + 1649.62) / 293.655
=6.23

Altran Technologies's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(221.534 + 1771.135) / 367.552
=5.42

* 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 (Jun. 2019) EBITDA data.


Altran Technologies  (XPAR:ALTNV) 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.


Altran Technologies Debt-to-EBITDA Related Terms

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


Altran Technologies (XPAR:ALTNV) Business Description

Traded in Other Exchanges
N/A
Address
96 avenue Charles de Gaulle, Neuilly-sur-Seine, FRA, 92200
Altran Technologies offers engineering consulting services for the creation and development of new products and services. The company focuses on the Aerospace, Defense, Railways, Automotive, Energy, Nuclear, Healthcare, Telecoms and Finance sectors. Altran is an international company with operations across Europe, Asia and the United States. The company's revenue is divided into two segments: engineering & R&D and organization & IT systems consulting. The engineering and R&D segment accounts for the majority of the company's revenue. Geographically, Altran earns most of its revenue in Europe with an emphasis on revenue from France.

Altran Technologies (XPAR:ALTNV) Headlines

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