Ecomembrane SpA (MIL:ECMB) Debt-to-EBITDA : 0.28 (As of Dec. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Ecomembrane SpA Debt-to-EBITDA?

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

Ecomembrane SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.63 Mil. Ecomembrane SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1.07 Mil. Ecomembrane SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €6.11 Mil. Ecomembrane SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.28.

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 Ecomembrane SpA's Debt-to-EBITDA or its related term are showing as below:

MIL:ECMB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.64 Med: 1.12 Max: 1.21
Current: 0.64

During the past 3 years, the highest Debt-to-EBITDA Ratio of Ecomembrane SpA was 1.21. The lowest was 0.64. And the median was 1.12.

MIL:ECMB's Debt-to-EBITDA is ranked better than
82.61% of 322 companies
in the Packaging & Containers industry
Industry Median: 2.49 vs MIL:ECMB: 0.64

Ecomembrane SpA Debt-to-EBITDA Historical Data

The historical data trend for Ecomembrane SpA'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.

Ecomembrane SpA Debt-to-EBITDA Chart

Ecomembrane SpA Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

1.12

1.21

0.64

Ecomembrane SpA Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Debt-to-EBITDA	N/A	N/A	-	0.28

Competitive Comparison of Ecomembrane SpA's Debt-to-EBITDA

For the Packaging & Containers subindustry, Ecomembrane SpA'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.

Ecomembrane SpA's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Ecomembrane SpA's Debt-to-EBITDA distribution charts can be found below:

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

Ecomembrane SpA Debt-to-EBITDA Calculation

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

Ecomembrane SpA'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
	=	(0.632	+	1.068)	/	2.658
	=	0.64

Ecomembrane SpA'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
	=	(0.632	+	1.068)	/	6.114
	=	0.28

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.

Ecomembrane SpA (MIL:ECMB) 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.

Ecomembrane SpA Debt-to-EBITDA Related Terms

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

Ecomembrane SpA (MIL:ECMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Ecomembrane SpA (MIL:ECMB) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Pari Opportunita n. 9, Gadesco, Pieve Delmona, ITA, 26030

Website

https://www.ecomembrane.com

Ecomembrane SpA operates in the sector of design, sale and installation of components for biogas and biomethane production plants and gas storage systems, such as biogas, methane, CO2 and hydrogen. Specifically, it carries out production activity which mainly takes the form of cutting, high-frequency welding and packaging of membrane covers using, as the main material, PVC-coated polyester fabric. The company operates globally and has the most extensive network in the world in terms of installations as well as production structure. Its products include 3Master, 2 Master, Cupola M2- heat shield, Cupola M3, Econtainer, M1 cone, and Claricover.

Ecomembrane SpA (MIL:ECMB) Headlines

No Headlines