Econet Wireless Zimbabwe (XZIM:ECO.ZW) Debt-to-EBITDA : 0.19 (As of Feb. 2024)

Econet Wireless Zimbabwe Debt-to-EBITDA Chart

Econet Wireless Zimbabwe Annual Data
	Trend	Feb09	Feb11	Feb12	Feb19	Feb20	Feb21	Feb22	Feb23	Feb24
Debt-to-EBITDA		Get a 7-Day Free Trial				1.98	0.59	0.26	1.32	0.32

Econet Wireless Zimbabwe Semi-Annual Data
	Feb09	Feb11	Aug11	Feb12	Aug12	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
Debt-to-EBITDA	Get a 7-Day Free Trial												0.25	0.23	0.71	0.76	0.19

Competitive Comparison of Econet Wireless Zimbabwe's Debt-to-EBITDA

For the Telecom Services subindustry, Econet Wireless Zimbabwe'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.

Econet Wireless Zimbabwe's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Econet Wireless Zimbabwe's Debt-to-EBITDA distribution charts can be found below:

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

Econet Wireless Zimbabwe Debt-to-EBITDA Calculation

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

Econet Wireless Zimbabwe's Debt-to-EBITDA for the fiscal year that ended in Feb. 2024 is calculated as

Econet Wireless Zimbabwe's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 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 (Feb. 2024) EBITDA data.

Econet Wireless Zimbabwe  (XZIM:ECO.ZW) 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.

Econet Wireless Zimbabwe Debt-to-EBITDA Related Terms

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Econet Wireless Zimbabwe Business Description