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Ste Marseillaise du Tunnel Prado Carenage (XPAR:ALTPC) Debt-to-EBITDA : 1.75 (As of Dec. 2023)


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What is Ste Marseillaise du Tunnel Prado Carenage Debt-to-EBITDA?

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

Ste Marseillaise du Tunnel Prado Carenage's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Ste Marseillaise du Tunnel Prado Carenage's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €53.44 Mil. Ste Marseillaise du Tunnel Prado Carenage's annualized EBITDA for the quarter that ended in Dec. 2023 was €30.60 Mil. Ste Marseillaise du Tunnel Prado Carenage'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 Ste Marseillaise du Tunnel Prado Carenage's Debt-to-EBITDA or its related term are showing as below:

XPAR:ALTPC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33   Med: 1.32   Max: 2.49
Current: 1.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ste Marseillaise du Tunnel Prado Carenage was 2.49. The lowest was 0.33. And the median was 1.32.

XPAR:ALTPC's Debt-to-EBITDA is ranked better than
57.58% of 1306 companies
in the Construction industry
Industry Median: 2.335 vs XPAR:ALTPC: 1.78

Ste Marseillaise du Tunnel Prado Carenage Debt-to-EBITDA Historical Data

The historical data trend for Ste Marseillaise du Tunnel Prado Carenage'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.

Ste Marseillaise du Tunnel Prado Carenage Debt-to-EBITDA Chart

Ste Marseillaise du Tunnel Prado Carenage 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 1.62 2.49 2.23 2.16 1.78

Ste Marseillaise du Tunnel Prado Carenage Semi-Annual Data
Jun14 Dec14 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 2.07 2.20 2.08 1.95 1.75

Competitive Comparison of Ste Marseillaise du Tunnel Prado Carenage's Debt-to-EBITDA

For the Infrastructure Operations subindustry, Ste Marseillaise du Tunnel Prado Carenage'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.


Ste Marseillaise du Tunnel Prado Carenage's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ste Marseillaise du Tunnel Prado Carenage's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ste Marseillaise du Tunnel Prado Carenage's Debt-to-EBITDA falls into.



Ste Marseillaise du Tunnel Prado Carenage Debt-to-EBITDA Calculation

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

Ste Marseillaise du Tunnel Prado Carenage'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 + 53.435) / 29.983
=1.78

Ste Marseillaise du Tunnel Prado Carenage'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 + 53.435) / 30.6
=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.


Ste Marseillaise du Tunnel Prado Carenage  (XPAR:ALTPC) 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.


Ste Marseillaise du Tunnel Prado Carenage Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Ste Marseillaise du Tunnel Prado Carenage's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Ste Marseillaise du Tunnel Prado Carenage (XPAR:ALTPC) Business Description

Traded in Other Exchanges
Address
3 Avenue Arthur Scott, CS 70157, Marseille, FRA, 13010
Ste Marseillaise du Tunnel Prado Carenage SA is engaged in operating Prado Carenage Tunnel and the Louis-Rege Tunnel in France.

Ste Marseillaise du Tunnel Prado Carenage (XPAR:ALTPC) Headlines

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