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Space Communication (XTAE:SCC) Debt-to-EBITDA : 4.13 (As of Mar. 2024)


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What is Space Communication Debt-to-EBITDA?

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

Space Communication's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪1,206.0 Mil. Space Communication's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₪76.1 Mil. Space Communication's annualized EBITDA for the quarter that ended in Mar. 2024 was ₪310.2 Mil. Space Communication's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 4.13.

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 Space Communication's Debt-to-EBITDA or its related term are showing as below:

XTAE:SCC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.57   Med: 8.68   Max: 46.33
Current: 5.38

During the past 11 years, the highest Debt-to-EBITDA Ratio of Space Communication was 46.33. The lowest was 2.57. And the median was 8.68.

XTAE:SCC's Debt-to-EBITDA is ranked worse than
84.86% of 317 companies
in the Telecommunication Services industry
Industry Median: 2.1 vs XTAE:SCC: 5.38

Space Communication Debt-to-EBITDA Historical Data

The historical data trend for Space Communication'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.

Space Communication Debt-to-EBITDA Chart

Space Communication 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 8.67 9.58 6.74 25.08 6.57

Space Communication Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.71 4.64 4.53 16.55 4.13

Competitive Comparison of Space Communication's Debt-to-EBITDA

For the Telecom Services subindustry, Space Communication'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.


Space Communication's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Space Communication's Debt-to-EBITDA distribution charts can be found below:

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



Space Communication Debt-to-EBITDA Calculation

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

Space Communication'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
=(1220.935 + 85.748) / 198.868
=6.57

Space Communication's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1206.005 + 76.114) / 310.2
=4.13

* 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 four times the quarterly (Mar. 2024) EBITDA data.


Space Communication  (XTAE:SCC) 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.


Space Communication Debt-to-EBITDA Related Terms

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


Space Communication (XTAE:SCC) Business Description

Traded in Other Exchanges
N/A
Address
7 Menachem Begin Road, Ramat Gan, Ramat Gan, ISR, 52521
Space Communication Ltd is a satellite operator and satellite service provider. It provides broadcasting and communications services to Direct-to-home (DTH) operators, TV broadcasters and programmers, government and corporate organizations, and VSAT network operators.

Space Communication (XTAE:SCC) Headlines

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