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Italy Innovazioni SpA (XPAR:MLITN) Debt-to-EBITDA : -4.35 (As of Jun. 2023)


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What is Italy Innovazioni SpA Debt-to-EBITDA?

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

Italy Innovazioni SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.01 Mil. Italy Innovazioni SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.80 Mil. Italy Innovazioni SpA's annualized EBITDA for the quarter that ended in Jun. 2023 was €-0.19 Mil. Italy Innovazioni SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -4.35.

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

XPAR:MLITN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.67   Med: -0.12   Max: 43.69
Current: -5.91

During the past 8 years, the highest Debt-to-EBITDA Ratio of Italy Innovazioni SpA was 43.69. The lowest was -6.67. And the median was -0.12.

XPAR:MLITN's Debt-to-EBITDA is ranked worse than
100% of 2280 companies
in the Industrial Products industry
Industry Median: 1.695 vs XPAR:MLITN: -5.91

Italy Innovazioni SpA Debt-to-EBITDA Historical Data

The historical data trend for Italy Innovazioni 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.

Italy Innovazioni SpA Debt-to-EBITDA Chart

Italy Innovazioni SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial - -0.12 - -0.06 -5.44

Italy Innovazioni SpA Semi-Annual Data
Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.03 2.50 -3.92 -10.19 -4.35

Competitive Comparison of Italy Innovazioni SpA's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Italy Innovazioni 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.


Italy Innovazioni SpA's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Italy Innovazioni SpA's Debt-to-EBITDA distribution charts can be found below:

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



Italy Innovazioni SpA Debt-to-EBITDA Calculation

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

Italy Innovazioni 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
=(0.005 + 0.892) / -0.165
=-5.44

Italy Innovazioni 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
=(0.005 + 0.804) / -0.186
=-4.35

* 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 (Jun. 2023) EBITDA data.


Italy Innovazioni SpA  (XPAR:MLITN) 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.


Italy Innovazioni SpA Debt-to-EBITDA Related Terms

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


Italy Innovazioni SpA (XPAR:MLITN) Business Description

Traded in Other Exchanges
N/A
Address
Via Sistina, 121, Rome, ITA, 00187
Italy Innovazioni SpA is a manufacturer of eletcrical products. The company's products includes Hide, recessed electrical outlet, SlideBox, the adjustable electrical box, and SuperDual, the multistandard socket.

Italy Innovazioni SpA (XPAR:MLITN) Headlines

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