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Cboe Global Markets (BSP:C1BO34) Debt-to-EBITDA : 1.19 (As of Dec. 2023)


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What is Cboe Global Markets Debt-to-EBITDA?

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

Cboe Global Markets's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$102 Mil. Cboe Global Markets's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$7,791 Mil. Cboe Global Markets's annualized EBITDA for the quarter that ended in Dec. 2023 was R$6,638 Mil. Cboe Global Markets's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.19.

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 Cboe Global Markets's Debt-to-EBITDA or its related term are showing as below:

BSP:C1BO34' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.27   Med: 1.5   Max: 2.84
Current: 1.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cboe Global Markets was 2.84. The lowest was 1.27. And the median was 1.50.

BSP:C1BO34's Debt-to-EBITDA is ranked better than
53.59% of 418 companies
in the Capital Markets industry
Industry Median: 1.585 vs BSP:C1BO34: 1.27

Cboe Global Markets Debt-to-EBITDA Historical Data

The historical data trend for Cboe Global Markets'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.

Cboe Global Markets Debt-to-EBITDA Chart

Cboe Global Markets 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 1.28 1.56 1.47 2.84 1.27

Cboe Global Markets 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 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 1.57 1.54 1.46 1.28 1.19

Competitive Comparison of Cboe Global Markets's Debt-to-EBITDA

For the Financial Data & Stock Exchanges subindustry, Cboe Global Markets'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.


Cboe Global Markets's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Cboe Global Markets's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cboe Global Markets's Debt-to-EBITDA falls into.



Cboe Global Markets Debt-to-EBITDA Calculation

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

Cboe Global Markets'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
=(101.916 + 7790.682) / 6212.946
=1.27

Cboe Global Markets'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
=(101.916 + 7790.682) / 6638.248
=1.19

* 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 (Dec. 2023) EBITDA data.


Cboe Global Markets  (BSP:C1BO34) 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.


Cboe Global Markets Debt-to-EBITDA Related Terms

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


Cboe Global Markets (BSP:C1BO34) Business Description

Traded in Other Exchanges
Address
433 West Van Buren Street, Chicago, IL, USA, 60607
Cboe Global Markets, Inc is a provider of market infrastructure and tradable products, delivers cutting-edge trading, clearing and investment solutions to market participants around the world. The Company is committed to operating a trusted, inclusive global marketplace, and to providing leading products, technology and data solutions that enable participants to define a sustainable financial future. Cboe provides trading solutions and products in multiple asset classes, including equities, derivatives, FX, and digital assets, across North America, Europe, and Asia Pacific.

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