Fenix Entertainment SpA (MIL:FNX) Debt-to-EBITDA : 1.72 (As of Jun. 2023)

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What is Fenix Entertainment SpA Debt-to-EBITDA?

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

Fenix Entertainment SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €10.33 Mil. Fenix Entertainment SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.16 Mil. Fenix Entertainment SpA's annualized EBITDA for the quarter that ended in Jun. 2023 was €9.02 Mil. Fenix Entertainment SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 1.72.

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

MIL:FNX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.3 Med: 1.71 Max: 3.44
Current: 2.83

During the past 5 years, the highest Debt-to-EBITDA Ratio of Fenix Entertainment SpA was 3.44. The lowest was 1.30. And the median was 1.71.

MIL:FNX's Debt-to-EBITDA is ranked worse than
63.82% of 680 companies
in the Media - Diversified industry
Industry Median: 1.69 vs MIL:FNX: 2.83

Fenix Entertainment SpA Debt-to-EBITDA Historical Data

The historical data trend for Fenix Entertainment 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.

Fenix Entertainment SpA Debt-to-EBITDA Chart

Fenix Entertainment SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

1.82

1.30

1.60

3.44

Fenix Entertainment SpA Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial				0.64	4.29	2.06	7.84	1.72

Competitive Comparison of Fenix Entertainment SpA's Debt-to-EBITDA

For the Entertainment subindustry, Fenix Entertainment 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.

Fenix Entertainment SpA's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Fenix Entertainment SpA's Debt-to-EBITDA distribution charts can be found below:

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

Fenix Entertainment SpA Debt-to-EBITDA Calculation

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

Fenix Entertainment SpA's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(8.601	+	6.38)	/	4.35
	=	3.44

Fenix Entertainment SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(10.326	+	5.163)	/	9.022
	=	1.72

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 (Jun. 2023) EBITDA data.

Fenix Entertainment SpA (MIL:FNX) 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.

Fenix Entertainment SpA Debt-to-EBITDA Related Terms

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

Fenix Entertainment SpA (MIL:FNX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Fenix Entertainment SpA (MIL:FNX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Sede legale Viale Giuseppe Mazzini, Rome, ITA, 134 - 00195

Website

https://www.fenixent.com

Fenix Entertainment SpA is engaged in exploitation of the distribution rights of the films acquired; production and co-production of films and soundtracks for the Italian market and distribution of the same; production and co-production of sound recordings, and their distribution; search for talented people in the film and sound sector with sponsorship e-participation in national and international events and marketing and communication.