ACEA SpA (ACEA SpA) Debt-to-EBITDA : 4.42 (As of Dec. 2023)

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What is ACEA SpA Debt-to-EBITDA?

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

ACEA SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $842 Mil. ACEA SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,202 Mil. ACEA SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was $1,366 Mil. ACEA SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.42.

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

ACEJF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.58 Med: 4.39 Max: 5.13
Current: 4.31

During the past 13 years, the highest Debt-to-EBITDA Ratio of ACEA SpA was 5.13. The lowest was 3.58. And the median was 4.39.

ACEJF's Debt-to-EBITDA is ranked worse than
57.73% of 459 companies
in the Utilities - Regulated industry
Industry Median: 3.53 vs ACEJF: 4.31

ACEA SpA Debt-to-EBITDA Historical Data

The historical data trend for ACEA 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.

ACEA SpA Debt-to-EBITDA Chart

ACEA SpA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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4.42

4.63

4.36

4.41

4.35

ACEA SpA Quarterly Data
	Mar19	Jun19	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															5.92	-	4.32	4.43	4.42

Competitive Comparison of ACEA SpA's Debt-to-EBITDA

For the Utilities - Diversified subindustry, ACEA 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.

ACEA SpA's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, ACEA SpA's Debt-to-EBITDA distribution charts can be found below:

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

ACEA SpA Debt-to-EBITDA Calculation

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

ACEA 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
	=	(842.101	+	5202.22)	/	1391.095
	=	4.35

ACEA SpA'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
	=	(842.101	+	5202.22)	/	1366.3
	=	4.42

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.

ACEA SpA (OTCPK:ACEJF) 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.

ACEA SpA Debt-to-EBITDA Related Terms

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

ACEA SpA (ACEA SpA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » ACEA SpA (OTCPK:ACEJF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ACE:Italy 0MHD:UK DCA:Germany

Address

Piazzale Ostiense, 2, Roma, ITA, 00154

Website

https://www.gruppo.acea.it

ACEA SpA is an Italian-based electricity and water utility company. It operates chiefly in Rome and other cities in Lazio, a central Italian region. With the help of its various subsidiaries and numerous ventures, Acea produces and sells energy, utilities, and environmental products and services. The company derives a majority of its revenue from its water segment (drinking water and sewage system), with additional revenue coming from its energy (electricity and natural gas), networks (distribution services), and environmental (research and development and consultancy services) segments.