IVE Group (ASX:IGL) Debt-to-EBITDA : 3.12 (As of Dec. 2023)

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What is IVE Group Debt-to-EBITDA?

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

IVE Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$39.6 Mil. IVE Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$291.3 Mil. IVE Group's annualized EBITDA for the quarter that ended in Dec. 2023 was A$106.2 Mil. IVE Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.11.

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 IVE Group's Debt-to-EBITDA or its related term are showing as below:

ASX:IGL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.92 Med: 2.83 Max: 6.38
Current: 3.78

During the past 8 years, the highest Debt-to-EBITDA Ratio of IVE Group was 6.38. The lowest was 1.92. And the median was 2.83.

ASX:IGL's Debt-to-EBITDA is ranked worse than
72.55% of 674 companies
in the Media - Diversified industry
Industry Median: 1.65 vs ASX:IGL: 3.78

IVE Group Debt-to-EBITDA Historical Data

The historical data trend for IVE Group'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.

IVE Group Debt-to-EBITDA Chart

IVE Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

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2.24

6.38

2.99

2.67

3.46

IVE Group Semi-Annual Data
	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial												2.18	2.88	2.83	4.37	3.12

Competitive Comparison of IVE Group's Debt-to-EBITDA

For the Advertising Agencies subindustry, IVE Group'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.

IVE Group's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, IVE Group's Debt-to-EBITDA distribution charts can be found below:

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

IVE Group Debt-to-EBITDA Calculation

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

IVE Group's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(40.291	+	259.631)	/	86.816
	=	3.45

IVE Group'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
	=	(39.566	+	291.279)	/	106.216
	=	3.11

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 (Dec. 2023) EBITDA data.

IVE Group (ASX:IGL) 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.

IVE Group Debt-to-EBITDA Related Terms

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

IVE Group (ASX:IGL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » IVE Group Ltd (ASX:IGL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

350-374 Parramatta Road, Building B, Homebush, Sydney, NSW, AUS, 2140

Website

https://www.ivegroup.com.au

IVE Group Ltd is a diversified print and marketing communications company. The principal activities of the company include conceptual and creative design across print, mobile and interactive media; catalogues, the printing of magazines, marketing, and corporate communications materials and stationery. Also, the company provides personalized communications including marketing mail, publication mail, e-communications, and multi-channel solutions. It serves sectors such as financial services, publishing, retail, communications, property, clubs and associations, not-for-profit, utilities, manufacturing, education, and government.

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