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Eca (XPAR:ECASA) Debt-to-EBITDA : 5.49 (As of Jun. 2020)


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What is Eca Debt-to-EBITDA?

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

Eca's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was €29.5 Mil. Eca's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2020 was €13.7 Mil. Eca's annualized EBITDA for the quarter that ended in Jun. 2020 was €7.9 Mil. Eca's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2020 was 5.49.

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

XPAR:ECASA's Debt-to-EBITDA is not ranked *
in the Aerospace & Defense industry.
Industry Median: 2.31
* Ranked among companies with meaningful Debt-to-EBITDA only.

Eca Debt-to-EBITDA Historical Data

The historical data trend for Eca'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.

Eca Debt-to-EBITDA Chart

Eca Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.79 0.86 3.34 1.30 1.67

Eca Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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 1.88 1.03 1.51 1.63 5.49

Competitive Comparison of Eca's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Eca'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.


Eca's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Eca's Debt-to-EBITDA distribution charts can be found below:

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



Eca Debt-to-EBITDA Calculation

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

Eca's Debt-to-EBITDA for the fiscal year that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(17.627 + 14.342) / 19.109
=1.67

Eca's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(29.501 + 13.662) / 7.856
=5.49

* 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. 2020) EBITDA data.


Eca  (XPAR:ECASA) 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.


Eca Debt-to-EBITDA Related Terms

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


Eca (XPAR:ECASA) Business Description

Traded in Other Exchanges
N/A
Address
ZI Toulon Est, 262 Rue des Freres Lumiere, La Garde, FRA, 83130
Eca SA is a France-based company which designs and delivers robotic equipment and intelligent solutions for both civil and military application. The company offers vehicles and crafts for detection, inspection, and destruction of mines, inspection systems for nuclear power plants, control and command systems, as well as ground and land robots for anti-terrorist missions and others.

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