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Direct Finance of Direct Group (2006) (XTAE:DIFI) Debt-to-EBITDA : 85.11 (As of Dec. 2023)


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What is Direct Finance of Direct Group (2006) Debt-to-EBITDA?

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

Direct Finance of Direct Group (2006)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪2,027 Mil. Direct Finance of Direct Group (2006)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪4,215 Mil. Direct Finance of Direct Group (2006)'s annualized EBITDA for the quarter that ended in Dec. 2023 was ₪73 Mil. Direct Finance of Direct Group (2006)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 85.11.

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 Direct Finance of Direct Group (2006)'s Debt-to-EBITDA or its related term are showing as below:

XTAE:DIFI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 9.46   Med: 11.85   Max: 24.68
Current: 24.68

During the past 7 years, the highest Debt-to-EBITDA Ratio of Direct Finance of Direct Group (2006) was 24.68. The lowest was 9.46. And the median was 11.85.

XTAE:DIFI's Debt-to-EBITDA is ranked worse than
79.53% of 254 companies
in the Credit Services industry
Industry Median: 7.78 vs XTAE:DIFI: 24.68

Direct Finance of Direct Group (2006) Debt-to-EBITDA Historical Data

The historical data trend for Direct Finance of Direct Group (2006)'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.

Direct Finance of Direct Group (2006) Debt-to-EBITDA Chart

Direct Finance of Direct Group (2006) Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 9.59 20.34 9.46 12.23 24.68

Direct Finance of Direct Group (2006) Quarterly Data
Dec18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.18 16.66 22.79 18.58 85.11

Competitive Comparison of Direct Finance of Direct Group (2006)'s Debt-to-EBITDA

For the Credit Services subindustry, Direct Finance of Direct Group (2006)'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.


Direct Finance of Direct Group (2006)'s Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Direct Finance of Direct Group (2006)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Direct Finance of Direct Group (2006)'s Debt-to-EBITDA falls into.



Direct Finance of Direct Group (2006) Debt-to-EBITDA Calculation

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

Direct Finance of Direct Group (2006)'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
=(2026.647 + 4214.945) / 252.917
=24.68

Direct Finance of Direct Group (2006)'s annualized Debt-to-EBITDA for the quarter 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
=(2026.647 + 4214.945) / 73.332
=85.11

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Direct Finance of Direct Group (2006)  (XTAE:DIFI) 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.


Direct Finance of Direct Group (2006) Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Direct Finance of Direct Group (2006)'s Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Direct Finance of Direct Group (2006) (XTAE:DIFI) Business Description

Traded in Other Exchanges
N/A
Address
Efal 35, Kiryat Arieh, Apple 35, Petah Tikva, ISR, 4951132
Website
Direct Finance of Direct Group (2006) Ltd provides credit facilities for vehicle purchase and other purposes.

Direct Finance of Direct Group (2006) (XTAE:DIFI) Headlines

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