Dassault Aviation (XPAR:AM) Debt-to-EBITDA

: 0.27 (As of Dec. 2023)

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

Dassault Aviation's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €55 Mil. Dassault Aviation's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €208 Mil. Dassault Aviation's annualized EBITDA for the quarter that ended in Dec. 2023 was €979 Mil. Dassault Aviation's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.27.

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 Dassault Aviation's Debt-to-EBITDA or its related term are showing as below:

XPAR:AM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.17 Med: 0.65 Max: 7.08
Current: 0.26

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dassault Aviation was 7.08. The lowest was 0.17. And the median was 0.65.

XPAR:AM's Debt-to-EBITDA is ranked better than
87.07% of 232 companies
in the Aerospace & Defense industry
Industry Median: 2.325 vs XPAR:AM: 0.26

Dassault Aviation Debt-to-EBITDA Historical Data

The historical data trend for Dassault Aviation'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.

Dassault Aviation Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.45

0.50

0.17

0.22

0.26

Dassault Aviation 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	Get a 7-Day Free Trial															0.11	0.25	0.19	0.23	0.27

Competitive Comparison

For the Aerospace & Defense subindustry, Dassault Aviation'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.

Dassault Aviation Debt-to-EBITDA Distribution

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

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

Dassault Aviation Debt-to-EBITDA Calculation

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

Dassault Aviation'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
	=	(54.626	+	207.811)	/	1006.323
	=	0.26

Dassault Aviation'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
	=	(54.626	+	207.811)	/	978.698
	=	0.27

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.

Dassault Aviation (XPAR:AM) 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.

Dassault Aviation Debt-to-EBITDA Related Terms

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

Dassault Aviation (XPAR:AM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Dassault Aviation SA (XPAR:AM) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

DUAVF:USA AMp:UK 0IAX:UK DAU0:Germany DAAV:Austria

Address

9, Rond-Point des Champs-Elysees, Marcel Dassault, Paris, FRA, 75008

Website

https://www.dassault-aviation.com

Dassault Aviation, a subsidiary of French multinational company Dassault Group, designs, builds and maintains military fighter jets, and is one of the largest manufacturers of business jets. Dassault has a 24.8% stake in narrow-moat Thales, which contributes significantly to Dassault's net profit. In 2021, Dassault Aviation generated EUR 7.2 billion in revenue with 12,000 employees. About 70% of revenue comes from defense aircraft equipment sales and services, while Falcon business jets generate the remaining 30% of sales.