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La Francaise Des Jeux (XPAR:FDJ) Debt-to-EBITDA : 0.56 (As of Dec. 2023)


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What is La Francaise Des Jeux Debt-to-EBITDA?

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

La Francaise Des Jeux's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €43 Mil. La Francaise Des Jeux's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €386 Mil. La Francaise Des Jeux's annualized EBITDA for the quarter that ended in Dec. 2023 was €770 Mil. La Francaise Des Jeux's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.56.

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 La Francaise Des Jeux's Debt-to-EBITDA or its related term are showing as below:

XPAR:FDJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 0.72   Max: 1.26
Current: 0.61

During the past 8 years, the highest Debt-to-EBITDA Ratio of La Francaise Des Jeux was 1.26. The lowest was 0.35. And the median was 0.72.

XPAR:FDJ's Debt-to-EBITDA is ranked better than
81.29% of 620 companies
in the Travel & Leisure industry
Industry Median: 2.855 vs XPAR:FDJ: 0.61

La Francaise Des Jeux Debt-to-EBITDA Historical Data

The historical data trend for La Francaise Des Jeux'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.

La Francaise Des Jeux Debt-to-EBITDA Chart

La Francaise Des Jeux Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.85 1.26 0.90 0.84 0.61

La Francaise Des Jeux Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.83 0.84 0.85 0.70 0.56

Competitive Comparison of La Francaise Des Jeux's Debt-to-EBITDA

For the Gambling subindustry, La Francaise Des Jeux'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.


La Francaise Des Jeux's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, La Francaise Des Jeux's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where La Francaise Des Jeux's Debt-to-EBITDA falls into.



La Francaise Des Jeux Debt-to-EBITDA Calculation

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

La Francaise Des Jeux'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
=(42.8 + 386) / 705.4
=0.61

La Francaise Des Jeux'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
=(42.8 + 386) / 769.6
=0.56

* 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.


La Francaise Des Jeux  (XPAR:FDJ) 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.


La Francaise Des Jeux Debt-to-EBITDA Related Terms

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


La Francaise Des Jeux (XPAR:FDJ) Business Description

Traded in Other Exchanges
Address
3-7 Quai du Point du Jour, Boulogne-Billancourt, Paris, FRA, 92100
La Francaise Des Jeux SA is engaged in lottery games and sports betting. Its lottery games include draw games and instant games. The company offers approximately more than 80 lottery games.

La Francaise Des Jeux (XPAR:FDJ) Headlines

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