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Tel Aviv Stock Exchange (XTAE:TASE) Debt-to-EBITDA : 0.54 (As of Mar. 2025)


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What is Tel Aviv Stock Exchange Debt-to-EBITDA?

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

Tel Aviv Stock Exchange's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₪52.2 Mil. Tel Aviv Stock Exchange's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was ₪87.1 Mil. Tel Aviv Stock Exchange's annualized EBITDA for the quarter that ended in Mar. 2025 was ₪257.3 Mil. Tel Aviv Stock Exchange's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was 0.54.

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

XTAE:TASE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.12   Med: 0.27   Max: 1.01
Current: 0.65

During the past 10 years, the highest Debt-to-EBITDA Ratio of Tel Aviv Stock Exchange was 1.01. The lowest was 0.12. And the median was 0.27.

XTAE:TASE's Debt-to-EBITDA is ranked better than
67.06% of 428 companies
in the Capital Markets industry
Industry Median: 1.74 vs XTAE:TASE: 0.65

Tel Aviv Stock Exchange Debt-to-EBITDA Historical Data

The historical data trend for Tel Aviv Stock Exchange'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.

Tel Aviv Stock Exchange Debt-to-EBITDA Chart

Tel Aviv Stock Exchange Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 0.22 0.12 1.01 0.59

Tel Aviv Stock Exchange Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 0.80 0.75 0.66 0.59 0.54

Competitive Comparison of Tel Aviv Stock Exchange's Debt-to-EBITDA

For the Financial Data & Stock Exchanges subindustry, Tel Aviv Stock Exchange'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.


Tel Aviv Stock Exchange's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

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


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Tel Aviv Stock Exchange Debt-to-EBITDA Calculation

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

Tel Aviv Stock Exchange's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(58.49 + 59.663) / 199.87
=0.59

Tel Aviv Stock Exchange's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(52.242 + 87.131) / 257.3
=0.54

* 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 (Mar. 2025) EBITDA data.


Tel Aviv Stock Exchange  (XTAE:TASE) 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.


Tel Aviv Stock Exchange Debt-to-EBITDA Related Terms

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


Tel Aviv Stock Exchange Business Description

Traded in Other Exchanges
Address
2 Ahuzat Bayit Street, Tel Aviv, ISR, 6525216
Tel Aviv Stock Exchange Ltd is engaged in managing a securities stock exchange and in related activities. The company deals in securities, indices, derivative market, securities listing, research, statistics, and others.

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