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Innovative-RFK SpA (XPAR:MLIRF) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is Innovative-RFK SpA Debt-to-EBITDA?

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

Innovative-RFK SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Innovative-RFK SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.82 Mil. Innovative-RFK SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €0.00 Mil.

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

XPAR:MLIRF's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.425
* Ranked among companies with meaningful Debt-to-EBITDA only.

Innovative-RFK SpA Debt-to-EBITDA Historical Data

The historical data trend for Innovative-RFK 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.

Innovative-RFK SpA Debt-to-EBITDA Chart

Innovative-RFK SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.97 -5.46 -7.38 0.90 -2.49

Innovative-RFK SpA Semi-Annual Data
Dec17 Dec18 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - -10.60 0.57 -0.94 N/A

Competitive Comparison of Innovative-RFK SpA's Debt-to-EBITDA

For the Asset Management subindustry, Innovative-RFK 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.


Innovative-RFK SpA's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Innovative-RFK SpA's Debt-to-EBITDA distribution charts can be found below:

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


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Innovative-RFK SpA Debt-to-EBITDA Calculation

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

Innovative-RFK 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
=(0 + 1.82) / -0.731
=-2.49

Innovative-RFK SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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 (Dec. 2023) EBITDA data.


Innovative-RFK SpA  (XPAR:MLIRF) 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.


Innovative-RFK SpA Debt-to-EBITDA Related Terms

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


Innovative-RFK SpA Business Description

Traded in Other Exchanges
N/A
Address
Via Francesco Sforza 14, Milano, ITA, 20122
Innovative-RFK SpA is an investment fund investing in inventive Italian Small and medium-sized enterprises. The company's services include business consultancy services and corporate planning, management and operations consultancy on company policy, planning, organization, efficiency and control, company development and restructuring; consultancy services on marketing management to inventive start-ups and Small and medium-sized enterprises.

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