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NEX Group (NEX Group) Debt-to-EBITDA : 2.22 (As of Mar. 2018)


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What is NEX Group Debt-to-EBITDA?

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

NEX Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was $695.5 Mil. NEX Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2018 was $18.2 Mil. NEX Group's annualized EBITDA for the quarter that ended in Mar. 2018 was $321.2 Mil. NEX Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2018 was 2.22.

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

NEXGY's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.565
* Ranked among companies with meaningful Debt-to-EBITDA only.

NEX Group Debt-to-EBITDA Historical Data

The historical data trend for NEX 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.

NEX Group Debt-to-EBITDA Chart

NEX Group Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.02 2.97 4.14 2.26 2.53

NEX Group Semi-Annual Data
Sep08 Mar09 Sep09 Mar10 Sep10 Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18
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 6.48 2.94 2.51 2.94 2.22

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

For the Capital Markets subindustry, NEX 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.


NEX Group's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

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



NEX Group Debt-to-EBITDA Calculation

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

NEX Group's Debt-to-EBITDA for the fiscal year that ended in Mar. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(695.531 + 18.156) / 282.123
=2.53

NEX Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(695.531 + 18.156) / 321.23
=2.22

* 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 (Mar. 2018) EBITDA data.


NEX Group  (GREY:NEXGY) 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.


NEX Group Debt-to-EBITDA Related Terms

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


NEX Group (NEX Group) Business Description

Traded in Other Exchanges
N/A
Address
NEX Group PLC provides electronic execution, risk mitigation, messaging, broking and information services for wholesale market participants. The Company's reportable segments include NEX Markets and NEX Optimisation. The company acts as an intermediary for FX and fixed income products through the Group's electronic platforms. It is also involved in a non-advisory capacity as principals in the matched purchase and sale of financial instruments between clients and provides technology development services.

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