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Parx Materials NV (XPAR:MLPRX) Debt-to-EBITDA : 0.00 (As of Dec. 2022)


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What is Parx Materials NV Debt-to-EBITDA?

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

Parx Materials NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €0.00 Mil. Parx Materials NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was €0.00 Mil. Parx Materials NV's annualized EBITDA for the quarter that ended in Dec. 2022 was €-0.19 Mil. Parx Materials NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 0.00.

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 Parx Materials NV's Debt-to-EBITDA or its related term are showing as below:

XPAR:MLPRX's Debt-to-EBITDA is not ranked *
in the Chemicals industry.
Industry Median: 2.275
* Ranked among companies with meaningful Debt-to-EBITDA only.

Parx Materials NV Debt-to-EBITDA Historical Data

The historical data trend for Parx Materials NV'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.

Parx Materials NV Debt-to-EBITDA Chart

Parx Materials NV Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
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Parx Materials NV Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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Competitive Comparison of Parx Materials NV's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Parx Materials NV'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.


Parx Materials NV's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Parx Materials NV's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Parx Materials NV's Debt-to-EBITDA falls into.



Parx Materials NV Debt-to-EBITDA Calculation

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

Parx Materials NV'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 + 0) / -0.192
=0.00

Parx Materials NV's annualized Debt-to-EBITDA for the quarter 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 + 0) / -0.192
=0.00

* 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 one times the quarterly (Dec. 2022) EBITDA data.


Parx Materials NV  (XPAR:MLPRX) 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.


Parx Materials NV Debt-to-EBITDA Related Terms

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


Parx Materials NV (XPAR:MLPRX) Business Description

Traded in Other Exchanges
N/A
Address
Goudsesingel 96 (Unit 1.7), Rotterdam, NLD, 3011 KD
Parx Materials NV is a holding company. It is engaged in developing, manufacturing, and marketing biocompatible plastics and antibacterial polymers. The company through its patented process is integrating it in plastics improving the material's characteristics to protect the surface from bacteria, molds, and fungi. Its technology does not impact any of the original features of the material and the antibacterial property lasts a lifetime. The company's technology can be used for roughly any application, for example for toilet seats, mobile phones, light switches, hospital beds, medical devices, remote controls, door handles, refrigerators, and packaging materials.

Parx Materials NV (XPAR:MLPRX) Headlines

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