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Finanza.tech SpA (MIL:FTC) Debt-to-EBITDA

: 1.75 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Finanza.tech SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.72 Mil. Finanza.tech SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.56 Mil. Finanza.tech SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €0.73 Mil. Finanza.tech SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.75.

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

MIL:FTC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.31   Med: 0.39   Max: 4.03
Current: 0.65

During the past 5 years, the highest Debt-to-EBITDA Ratio of Finanza.tech SpA was 4.03. The lowest was 0.31. And the median was 0.39.

MIL:FTC's Debt-to-EBITDA is ranked better than
74.55% of 825 companies
in the Business Services industry
Industry Median: 1.88 vs MIL:FTC: 0.65

Finanza.tech SpA Debt-to-EBITDA Historical Data

The historical data trend for Finanza.tech 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.

Finanza.tech SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.31 0.39 0.39 4.03 0.65

Finanza.tech SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.42 0.21 -1.20 0.25 1.75
Competitive Comparison

For the Consulting Services subindustry, Finanza.tech 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.

Finanza.tech SpA Debt-to-EBITDA Distribution

For the Business Services industry and Industrials sector, Finanza.tech SpA's Debt-to-EBITDA distribution charts can be found below:

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


Finanza.tech SpA Debt-to-EBITDA Calculation

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

Finanza.tech 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
=(0.72 + 0.563) / 1.964
=0.65

Finanza.tech 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
=(0.72 + 0.563) / 0.734
=1.75

* 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.

Finanza.tech SpA  (MIL:FTC) 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.

Finanza.tech SpA Debt-to-EBITDA Related Terms

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

Finanza.tech SpA (MIL:FTC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Finanza.tech SpA (MIL:FTC) » Definitions » Debt-to-EBITDA
Comparable Companies
MIL:EPRB MIL:PMT VRSK LSE:EXPN EFX BAH XSWX:SGSN XPAR:BVI TRU FCN TSE:6532 XSWX:DKSH SZSE:300012 ASX:ALQ ICFI XPAR:IPS HURN LSE:DATA SZSE:002967 SHSE:603060
Traded in Other Exchanges
N/A
Address
Via Santa Maria Fulcorina, 19, Milan, ITA, 20123
Website
https://www.finanza.tech
Finanza.tech SpA is a fintech operator. It provides consultancy activities in extraordinary finance operations and support for ordinary corporate financial management.