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London Stock Exchange Group (London Stock Exchange Group) Debt-to-EBITDA : 2.75 (As of Dec. 2023)


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What is London Stock Exchange Group Debt-to-EBITDA?

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

London Stock Exchange Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,742 Mil. London Stock Exchange Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $9,535 Mil. London Stock Exchange Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $4,466 Mil. London Stock Exchange Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.75.

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

LNSTY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.51   Med: 2.29   Max: 3.14
Current: 2.68

During the past 13 years, the highest Debt-to-EBITDA Ratio of London Stock Exchange Group was 3.14. The lowest was 1.51. And the median was 2.29.

LNSTY's Debt-to-EBITDA is ranked worse than
62.2% of 418 companies
in the Capital Markets industry
Industry Median: 1.565 vs LNSTY: 2.68

London Stock Exchange Group Debt-to-EBITDA Historical Data

The historical data trend for London Stock Exchange 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.

London Stock Exchange Group Debt-to-EBITDA Chart

London Stock Exchange Group Annual Data
Trend Mar14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.07 2.40 3.14 2.66 2.68

London Stock Exchange Group Semi-Annual Data
Mar14 Sep14 Jun15 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 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 2.96 2.30 2.92 2.39 2.75

Competitive Comparison of London Stock Exchange Group's Debt-to-EBITDA

For the Financial Data & Stock Exchanges subindustry, London Stock Exchange 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.


London Stock Exchange Group's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, London Stock Exchange Group's Debt-to-EBITDA distribution charts can be found below:

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



London Stock Exchange Group Debt-to-EBITDA Calculation

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

London Stock Exchange Group'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
=(2741.772 + 9535.443) / 4581.013
=2.68

London Stock Exchange 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
=(2741.772 + 9535.443) / 4465.822
=2.75

* 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 (Dec. 2023) EBITDA data.


London Stock Exchange Group  (OTCPK:LNSTY) 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.


London Stock Exchange Group Debt-to-EBITDA Related Terms

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


London Stock Exchange Group (London Stock Exchange Group) Business Description

Traded in Other Exchanges
Address
10 Paternoster Square, London, GBR, EC4M 7LS
London Stock Exchange Group is a fully integrated financial exchange company covering the financial market value chain from primary and secondary markets across multiple asset classes over data, index and analytics down to clearing and post-trading reporting. With the acquisition of Refinitiv, LSEG generates about two thirds of its revenue from data and analytics including its FTSE Russell and WM/Refinitiv benchmarks as well as data feeds and terminals. The group is also a majority shareholder in Tradeweb, one of the dominant global fixed income trading venues, as well as LCH, the largest clearing house for over-the-counter swaps globally.

London Stock Exchange Group (London Stock Exchange Group) Headlines

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