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Futures Capital AD (XBUL:FCAD) Debt-to-EBITDA : 62.52 (As of Dec. 2023)


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What is Futures Capital AD Debt-to-EBITDA?

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

Futures Capital AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was лв1.26 Mil. Futures Capital AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was лв8.12 Mil. Futures Capital AD's annualized EBITDA for the quarter that ended in Dec. 2023 was лв0.15 Mil. Futures Capital AD's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 62.52.

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 Futures Capital AD's Debt-to-EBITDA or its related term are showing as below:

XBUL:FCAD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -20.5   Med: 12.73   Max: 35.35
Current: 24.69

During the past 12 years, the highest Debt-to-EBITDA Ratio of Futures Capital AD was 35.35. The lowest was -20.50. And the median was 12.73.

XBUL:FCAD's Debt-to-EBITDA is ranked worse than
97.21% of 358 companies
in the Asset Management industry
Industry Median: 1.34 vs XBUL:FCAD: 24.69

Futures Capital AD Debt-to-EBITDA Historical Data

The historical data trend for Futures Capital AD'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.

Futures Capital AD Debt-to-EBITDA Chart

Futures Capital AD Annual Data
Trend Dec13 Dec14 Dec15 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.20 17.06 12.73 -20.50 11.75

Futures Capital AD Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 15.74 -13.13 -27.33 8.45 62.52

Competitive Comparison of Futures Capital AD's Debt-to-EBITDA

For the Asset Management subindustry, Futures Capital AD'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.


Futures Capital AD's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Futures Capital AD's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Futures Capital AD's Debt-to-EBITDA falls into.



Futures Capital AD Debt-to-EBITDA Calculation

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

Futures Capital AD'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
=(1.261 + 8.117) / 0.798
=11.75

Futures Capital AD'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
=(1.261 + 8.117) / 0.15
=62.52

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Futures Capital AD  (XBUL:FCAD) 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.


Futures Capital AD Debt-to-EBITDA Related Terms

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


Futures Capital AD (XBUL:FCAD) Business Description

Traded in Other Exchanges
N/A
Address
70B Ing. Ivan Ivanov Boulevard, Floor 3, Sofia, BGR, 1303
Futures Capital AD provides foreign direct investments in the real estate, leisure, healthcare, infrastructure, energy, and technology sectors.

Futures Capital AD (XBUL:FCAD) Headlines

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