Sicily By Car SpA (MIL:SBC) Debt-to-EBITDA : 1.32 (As of Dec. 2023)

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What is Sicily By Car SpA Debt-to-EBITDA?

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

Sicily By Car SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €51.5 Mil. Sicily By Car SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €32.0 Mil. Sicily By Car SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €63.4 Mil. Sicily By Car SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.32.

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

MIL:SBC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.69 Med: 1.16 Max: 1.63
Current: 1.63

During the past 3 years, the highest Debt-to-EBITDA Ratio of Sicily By Car SpA was 1.63. The lowest was 0.69. And the median was 1.16.

MIL:SBC's Debt-to-EBITDA is ranked better than
53.87% of 826 companies
in the Business Services industry
Industry Median: 1.925 vs MIL:SBC: 1.63

Sicily By Car SpA Debt-to-EBITDA Historical Data

The historical data trend for Sicily By Car 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.

Sicily By Car SpA Debt-to-EBITDA Chart

Sicily By Car SpA Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.69

1.63

Sicily By Car SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	N/A	-	0.58	-	1.32

Competitive Comparison of Sicily By Car SpA's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Sicily By Car 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.

Sicily By Car SpA's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Sicily By Car SpA's Debt-to-EBITDA distribution charts can be found below:

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

Sicily By Car SpA Debt-to-EBITDA Calculation

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

Sicily By Car 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
	=	(51.545	+	31.982)	/	51.352
	=	1.63

Sicily By Car 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
	=	(51.545	+	31.982)	/	63.382
	=	1.32

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.

Sicily By Car SpA (MIL:SBC) 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.

Sicily By Car SpA Debt-to-EBITDA Related Terms

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

Sicily By Car SpA (MIL:SBC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Sicily By Car SpA (MIL:SBC) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

5LC:Germany

Address

Via Galileo Galilei, 10H, Bolzano, ITA, 39100

Website

https://www.sicilybycar.it

Sicily By Car SpA operates in the Italian short-term rental market with 55 rental offices directly located at the main Italian airports and cities. The company allows to choose among: Private hire (cheap, compact, medium, standard, convertible, estate and 9-seater cars), Commercial vehicles, Electric car rentals, Boat rental.

Sicily By Car SpA (MIL:SBC) Headlines

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