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GFT Technologies SE (XTER:GFT) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is GFT Technologies SE Debt-to-EBITDA?

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

GFT Technologies SE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. GFT Technologies SE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.0 Mil. GFT Technologies SE's annualized EBITDA for the quarter that ended in Mar. 2024 was €90.7 Mil. GFT Technologies SE's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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

XTER:GFT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.94   Med: 1.17   Max: 1.68
Current: 1.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of GFT Technologies SE was 1.68. The lowest was 0.94. And the median was 1.17.

XTER:GFT's Debt-to-EBITDA is ranked worse than
51.46% of 1611 companies
in the Software industry
Industry Median: 1.06 vs XTER:GFT: 1.10

GFT Technologies SE Debt-to-EBITDA Historical Data

The historical data trend for GFT Technologies SE'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.

GFT Technologies SE Debt-to-EBITDA Chart

GFT Technologies SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.18 1.17 1.68 0.94 1.12

GFT Technologies SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - 1.46 - 1.03 -

Competitive Comparison of GFT Technologies SE's Debt-to-EBITDA

For the Information Technology Services subindustry, GFT Technologies SE'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.


GFT Technologies SE's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, GFT Technologies SE's Debt-to-EBITDA distribution charts can be found below:

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



GFT Technologies SE Debt-to-EBITDA Calculation

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

GFT Technologies SE'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
=(55.575 + 48.398) / 92.863
=1.12

GFT Technologies SE's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 90.696
=0.00

* 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 (Mar. 2024) EBITDA data.


GFT Technologies SE  (XTER:GFT) 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.


GFT Technologies SE Debt-to-EBITDA Related Terms

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


GFT Technologies SE (XTER:GFT) Business Description

Traded in Other Exchanges
Address
Schelmenwasenstrasse 34, Stuttgart, BW, DEU, 70567
GFT Technologies SE is engaged in shaping the digital transformation of companies in the financial and insurance sectors, as well as in the manufacturing industry. As an IT service provider and developer of digital solutions, It offers consulting, development, and implementation skills across all aspects of pioneering technologies from cloud engineering to artificial intelligence and blockchain/DLT. The company has two operating segments; The Americas, UK & APAC comprises operating companies in the following countries: Brazil Costa Rica, Singapore, Hong Kong, the United Kingdom, the United States of America, Canada, Vietnam, and Mexico, and Continental Europe comprises operating companies in the following countries: Belgium, Poland, Germany, Switzerland, France, Spain, and Italy.
Executives
Dr. Jochen Ruetz Managing Director (CFO) and Member of the Administrative Board

GFT Technologies SE (XTER:GFT) Headlines

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