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Movida Participacoes (BSP:MOVI3) Debt-to-EBITDA : 6.01 (As of Dec. 2023)


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What is Movida Participacoes Debt-to-EBITDA?

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

Movida Participacoes's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$1,344 Mil. Movida Participacoes's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$14,018 Mil. Movida Participacoes's annualized EBITDA for the quarter that ended in Dec. 2023 was R$2,557 Mil. Movida Participacoes's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.01.

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 Movida Participacoes's Debt-to-EBITDA or its related term are showing as below:

BSP:MOVI3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.75   Med: 5.02   Max: 6.29
Current: 4.67

During the past 10 years, the highest Debt-to-EBITDA Ratio of Movida Participacoes was 6.29. The lowest was 3.75. And the median was 5.02.

BSP:MOVI3's Debt-to-EBITDA is ranked worse than
77.02% of 831 companies
in the Business Services industry
Industry Median: 1.93 vs BSP:MOVI3: 4.67

Movida Participacoes Debt-to-EBITDA Historical Data

The historical data trend for Movida Participacoes'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.

Movida Participacoes Debt-to-EBITDA Chart

Movida Participacoes 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 3.96 6.04 6.29 5.02 5.45

Movida Participacoes Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 5.18 4.67 3.82 3.75 6.01

Competitive Comparison of Movida Participacoes's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Movida Participacoes'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.


Movida Participacoes's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Movida Participacoes's Debt-to-EBITDA distribution charts can be found below:

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



Movida Participacoes Debt-to-EBITDA Calculation

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

Movida Participacoes'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
=(1343.752 + 14017.987) / 2818.814
=5.45

Movida Participacoes'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
=(1343.752 + 14017.987) / 2556.668
=6.01

* 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 (Dec. 2023) EBITDA data.


Movida Participacoes  (BSP:MOVI3) 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.


Movida Participacoes Debt-to-EBITDA Related Terms

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


Movida Participacoes (BSP:MOVI3) Business Description

Traded in Other Exchanges
N/A
Address
Renato Paes de Barros street, 9th floor, Sao Paulo, SP, BRA, 04530-001
Movida Participacoes SA through its subsidiaries is engaged in car rental activities in Brazil. The business activities of the group function through Rent a Car (RAC) and light vehicle fleet management and outsourcing segments. The Rent a car segment is responsible for car rental in stores located inside and outside airports, and Fleet Management and Outsourcing segment provides car rental services signed through long-term contracts with corporate clients. In addition, the group is also involved in the sale of used cars. Geographically activities are carried out in Brazil and the company derives revenue from rental activities.

Movida Participacoes (BSP:MOVI3) Headlines

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