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Buzzi Spa (MIL:BZU) Debt-to-EBITDA

: 0.44 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Buzzi Spa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €290 Mil. Buzzi Spa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €395 Mil. Buzzi Spa's annualized EBITDA for the quarter that ended in Dec. 2023 was €1,568 Mil. Buzzi Spa's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.44.

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 Buzzi Spa's Debt-to-EBITDA or its related term are showing as below:

MIL:BZU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.46   Med: 1.68   Max: 2.85
Current: 0.46

During the past 13 years, the highest Debt-to-EBITDA Ratio of Buzzi Spa was 2.85. The lowest was 0.46. And the median was 1.68.

MIL:BZU's Debt-to-EBITDA is ranked better than
82.75% of 313 companies
in the Building Materials industry
Industry Median: 2.13 vs MIL:BZU: 0.46

Buzzi Spa Debt-to-EBITDA Historical Data

The historical data trend for Buzzi 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.

Buzzi Spa Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.71 1.31 1.31 1.27 0.46

Buzzi Spa 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 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 Premium Member Only Premium Member Only Premium Member Only 1.17 1.55 1.02 0.56 0.44

Competitive Comparison

For the Building Materials subindustry, Buzzi 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.


Buzzi Spa Debt-to-EBITDA Distribution

For the Building Materials industry and Basic Materials sector, Buzzi Spa's Debt-to-EBITDA distribution charts can be found below:

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



Buzzi Spa Debt-to-EBITDA Calculation

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

Buzzi Spa'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
=(289.842 + 395.274) / 1492.595
=0.46

Buzzi Spa'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
=(289.842 + 395.274) / 1567.986
=0.44

* 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.


Buzzi Spa  (MIL:BZU) 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.


Buzzi Spa Debt-to-EBITDA Related Terms

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


Buzzi Spa (MIL:BZU) Business Description

Traded in Other Exchanges
Address
Via Luigi Buzzi, 6, Casale Monferrato, ITA, 15033
Buzzi Spa manufactures and sells cement, ready-mix concrete, and aggregates. The company operates in two segments by product: cement and concrete/aggregates. The cement segment generates the majority of revenue, sells cement and cement-related products to the construction and building industries. The concrete and aggregates segment sells concrete and aggregates from hundreds of firm-owned concrete batch plants and aggregate quarries. The vast majority of Buzzi Unicem's revenue comes from the United States of America.

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