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CIE Automotive (XMAD:CIE) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is CIE Automotive Debt-to-EBITDA?

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

CIE Automotive's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €535 Mil. CIE Automotive's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,717 Mil. CIE Automotive's annualized EBITDA for the quarter that ended in Dec. 2023 was €0 Mil.

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 CIE Automotive's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of CIE Automotive was 5.15. The lowest was 2.49. And the median was 3.14.

XMAD:CIE's Debt-to-EBITDA is not ranked *
in the Vehicles & Parts industry.
Industry Median: 2.39
* Ranked among companies with meaningful Debt-to-EBITDA only.

CIE Automotive Debt-to-EBITDA Historical Data

The historical data trend for CIE Automotive'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.

CIE Automotive Debt-to-EBITDA Chart

CIE Automotive Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.55 5.15 3.79 3.33 2.96

CIE Automotive Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 3.78 3.15 N/A N/A N/A

Competitive Comparison of CIE Automotive's Debt-to-EBITDA

For the Auto Parts subindustry, CIE Automotive'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.


CIE Automotive's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, CIE Automotive's Debt-to-EBITDA distribution charts can be found below:

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



CIE Automotive Debt-to-EBITDA Calculation

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

CIE Automotive'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
=(534.513 + 1716.518) / 761.503
=2.96

CIE Automotive'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
=(534.513 + 1716.518) / 0
=N/A

* 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.


CIE Automotive  (XMAD:CIE) 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.


CIE Automotive Debt-to-EBITDA Related Terms

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


CIE Automotive (XMAD:CIE) Business Description

Traded in Other Exchanges
Address
Alameda Mazarredo 69, Vizcaya, 8th floo, Bilbao, ESP, 48009
CIE Automotive SA is a supplier of components and subassemblies for the automotive market. Cie Automotive produces components for engines, gearboxes, transmissions, chassis, interior and exterior trims, and roof systems. The company's clients include Renault, Magna, Chrysler, Daimler, Schaeffler, Ford, Nexteer, Volkswagen, and Faurecia. Next to its core automotive business, Cie Automotive operates a process improvement service through a subsidiary. The majority of revenue and operating profits are generated in Cie Automotive's core segment automotive components. Geographically, Europe and NAFTA are the largest sources of operating profits for the company.

CIE Automotive (XMAD:CIE) Headlines

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