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Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) Debt-to-EBITDA : 4.50 (As of Dec. 2023)


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What is Vamos Locacao De Caminhoes Maquinas E Equipamentos Debt-to-EBITDA?

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

Vamos Locacao De Caminhoes Maquinas E Equipamentos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$953 Mil. Vamos Locacao De Caminhoes Maquinas E Equipamentos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$10,835 Mil. Vamos Locacao De Caminhoes Maquinas E Equipamentos's annualized EBITDA for the quarter that ended in Dec. 2023 was R$2,618 Mil. Vamos Locacao De Caminhoes Maquinas E Equipamentos's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.50.

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 Vamos Locacao De Caminhoes Maquinas E Equipamentos's Debt-to-EBITDA or its related term are showing as below:

BSP:VAMO3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.28   Med: 4.23   Max: 5.02
Current: 4.26

During the past 6 years, the highest Debt-to-EBITDA Ratio of Vamos Locacao De Caminhoes Maquinas E Equipamentos was 5.02. The lowest was 2.28. And the median was 4.23.

BSP:VAMO3's Debt-to-EBITDA is ranked worse than
74.1% of 830 companies
in the Business Services industry
Industry Median: 1.83 vs BSP:VAMO3: 4.26

Vamos Locacao De Caminhoes Maquinas E Equipamentos Debt-to-EBITDA Historical Data

The historical data trend for Vamos Locacao De Caminhoes Maquinas E Equipamentos'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.

Vamos Locacao De Caminhoes Maquinas E Equipamentos Debt-to-EBITDA Chart

Vamos Locacao De Caminhoes Maquinas E Equipamentos Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 4.14 4.31 5.02 3.78 4.49

Vamos Locacao De Caminhoes Maquinas E Equipamentos 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 3.42 3.61 3.78 3.55 4.50

Competitive Comparison of Vamos Locacao De Caminhoes Maquinas E Equipamentos's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Vamos Locacao De Caminhoes Maquinas E Equipamentos'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.


Vamos Locacao De Caminhoes Maquinas E Equipamentos's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Vamos Locacao De Caminhoes Maquinas E Equipamentos's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Vamos Locacao De Caminhoes Maquinas E Equipamentos's Debt-to-EBITDA falls into.



Vamos Locacao De Caminhoes Maquinas E Equipamentos Debt-to-EBITDA Calculation

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

Vamos Locacao De Caminhoes Maquinas E Equipamentos'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
=(952.591 + 10835.383) / 2625.023
=4.49

Vamos Locacao De Caminhoes Maquinas E Equipamentos'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
=(952.591 + 10835.383) / 2618.304
=4.50

* 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.


Vamos Locacao De Caminhoes Maquinas E Equipamentos  (BSP:VAMO3) 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.


Vamos Locacao De Caminhoes Maquinas E Equipamentos Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Vamos Locacao De Caminhoes Maquinas E Equipamentos's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) Business Description

Traded in Other Exchanges
N/A
Address
1017, Rua Dr. Renato Paes de Barros, Floor 09, Room 02, Itaim Bibi, São Paulo, SP, BRA, 04530-001
Vamos Locacao De Caminhoes Maquinas E Equipamentos SA is engaged in the lease, sale and resale of trucks, machinery and equipment, fleet management and renders vehicle mechanics, industrialization, customization and body shop services. The company operates in three operating segments which comprise 1)Truck, machinery and equipment dealerships: sale of trucks, machinery and equipment; resale of used trucks, machinery and equipment, parts, machinery and accessories; mechanics auto body repair and paint services; 2) Lease of trucks, machinery and equipment: lease of trucks, machinery and equipment and fleet management; 3) Customization, manufacturing and transformation of trucks.

Vamos Locacao De Caminhoes Maquinas E Equipamentos (BSP:VAMO3) Headlines

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