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Figeac Aero (XPAR:FGA) Debt-to-EBITDA : 5.98 (As of Sep. 2023)


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What is Figeac Aero Debt-to-EBITDA?

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

Figeac Aero's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €44.3 Mil. Figeac Aero's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €329.2 Mil. Figeac Aero's annualized EBITDA for the quarter that ended in Sep. 2023 was €62.5 Mil. Figeac Aero's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 5.98.

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 Figeac Aero's Debt-to-EBITDA or its related term are showing as below:

XPAR:FGA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.67   Med: 5.67   Max: 39.66
Current: 6.06

During the past 12 years, the highest Debt-to-EBITDA Ratio of Figeac Aero was 39.66. The lowest was -8.67. And the median was 5.67.

XPAR:FGA's Debt-to-EBITDA is ranked worse than
78.6% of 229 companies
in the Aerospace & Defense industry
Industry Median: 2.34 vs XPAR:FGA: 6.06

Figeac Aero Debt-to-EBITDA Historical Data

The historical data trend for Figeac Aero'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.

Figeac Aero Debt-to-EBITDA Chart

Figeac Aero Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.97 7.83 39.66 20.72 7.85

Figeac Aero Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 27.48 16.67 9.96 6.47 5.98

Competitive Comparison of Figeac Aero's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Figeac Aero'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.


Figeac Aero's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Figeac Aero's Debt-to-EBITDA distribution charts can be found below:

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



Figeac Aero Debt-to-EBITDA Calculation

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

Figeac Aero's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(52.54 + 341.088) / 50.144
=7.85

Figeac Aero's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(44.314 + 329.171) / 62.488
=5.98

* 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 (Sep. 2023) EBITDA data.


Figeac Aero  (XPAR:FGA) 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.


Figeac Aero Debt-to-EBITDA Related Terms

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


Figeac Aero (XPAR:FGA) Business Description

Traded in Other Exchanges
Address
Industrial Zone Aiguille, Figeac, FRA, 46100
Figeac Aero SA is a manufacturer of aeronautical sub-assemblies. The company currently organizes its business into the following areas: Metal Processing, Surface Treatment, and Assembly. Under its Metal Processing division, the company produces light alloy (aluminium) and hard metal (titanium, Inconel and steel) aerospace parts. The company offers a wide range of services under its Surface Treatment division such as chemical machining, sandblasting, polishing, heat treatment, among others. It offers assembly services to its customers as a logical complement to its aerospace industry component parts production.

Figeac Aero (XPAR:FGA) Headlines

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