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More Provident Funds And Pension (XTAE:MPP) Debt-to-EBITDA : 1.59 (As of Sep. 2024)


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What is More Provident Funds And Pension Debt-to-EBITDA?

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

More Provident Funds And Pension's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪0.0 Mil. More Provident Funds And Pension's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₪194.1 Mil. More Provident Funds And Pension's annualized EBITDA for the quarter that ended in Sep. 2024 was ₪121.8 Mil. More Provident Funds And Pension's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 1.59.

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 More Provident Funds And Pension's Debt-to-EBITDA or its related term are showing as below:

XTAE:MPP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.58   Med: 2.73   Max: 65.36
Current: 2.06

During the past 6 years, the highest Debt-to-EBITDA Ratio of More Provident Funds And Pension was 65.36. The lowest was -1.58. And the median was 2.73.

XTAE:MPP's Debt-to-EBITDA is ranked worse than
59.09% of 352 companies
in the Asset Management industry
Industry Median: 1.41 vs XTAE:MPP: 2.06

More Provident Funds And Pension Debt-to-EBITDA Historical Data

The historical data trend for More Provident Funds And Pension'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.

More Provident Funds And Pension Debt-to-EBITDA Chart

More Provident Funds And Pension Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.26 -1.58 65.36 10.60 2.73

More Provident Funds And Pension Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.94 1.94 2.17 3.43 1.59

Competitive Comparison of More Provident Funds And Pension's Debt-to-EBITDA

For the Asset Management subindustry, More Provident Funds And Pension'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.


More Provident Funds And Pension's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, More Provident Funds And Pension's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where More Provident Funds And Pension's Debt-to-EBITDA falls into.



More Provident Funds And Pension Debt-to-EBITDA Calculation

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

More Provident Funds And Pension'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 + 201.647) / 73.768
=2.73

More Provident Funds And Pension's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 194.098) / 121.768
=1.59

* 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 (Sep. 2024) EBITDA data.


More Provident Funds And Pension  (XTAE:MPP) 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.


More Provident Funds And Pension Debt-to-EBITDA Related Terms

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


More Provident Funds And Pension Business Description

Traded in Other Exchanges
N/A
Address
Ben Gurion Road 2, PO Box: 514956465, Ramat Gan, ISR, 5257334
More Provident Funds And Pension Ltd, formerly More Provident Funds Ltd offers variety of long-term savings routes at different risk levels. The company offers provident funds, study funds and investment provident funds.

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