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Pfeiffer Vacuum Technology AG (XTER:PFV) Debt-to-EBITDA : 0.83 (As of Sep. 2023)


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What is Pfeiffer Vacuum Technology AG Debt-to-EBITDA?

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

Pfeiffer Vacuum Technology AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €4.9 Mil. Pfeiffer Vacuum Technology AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €126.8 Mil. Pfeiffer Vacuum Technology AG's annualized EBITDA for the quarter that ended in Sep. 2023 was €158.4 Mil. Pfeiffer Vacuum Technology AG's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.83.

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 Pfeiffer Vacuum Technology AG's Debt-to-EBITDA or its related term are showing as below:

XTER:PFV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.5   Max: 1.02
Current: 0.89

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pfeiffer Vacuum Technology AG was 1.02. The lowest was 0.00. And the median was 0.50.

XTER:PFV's Debt-to-EBITDA is ranked better than
66.19% of 2301 companies
in the Industrial Products industry
Industry Median: 1.74 vs XTER:PFV: 0.89

Pfeiffer Vacuum Technology AG Debt-to-EBITDA Historical Data

The historical data trend for Pfeiffer Vacuum Technology AG'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.

Pfeiffer Vacuum Technology AG Debt-to-EBITDA Chart

Pfeiffer Vacuum Technology AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.82 1.02 0.15 0.50

Pfeiffer Vacuum Technology AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.34 0.55 0.73 0.87 0.83

Competitive Comparison of Pfeiffer Vacuum Technology AG's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Pfeiffer Vacuum Technology AG'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.


Pfeiffer Vacuum Technology AG's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pfeiffer Vacuum Technology AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Pfeiffer Vacuum Technology AG's Debt-to-EBITDA falls into.



Pfeiffer Vacuum Technology AG Debt-to-EBITDA Calculation

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

Pfeiffer Vacuum Technology AG'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
=(68.175 + 7.858) / 150.939
=0.50

Pfeiffer Vacuum Technology AG's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.909 + 126.812) / 158.428
=0.83

* 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 (Sep. 2023) EBITDA data.


Pfeiffer Vacuum Technology AG  (XTER:PFV) 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.


Pfeiffer Vacuum Technology AG Debt-to-EBITDA Related Terms

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


Pfeiffer Vacuum Technology AG (XTER:PFV) Business Description

Traded in Other Exchanges
Address
Berliner Strasse 43, Asslar, HE, DEU, 35614
Pfeiffer Vacuum Technology AG is a Germany-based company that develops, manufactures, and markets parts and systems for vacuum generation, measurement, and analysis, and for leak detection. The company has an extensive line of solutions, products, and services, including turbo pumps, backing pumps, custom pumps, measurement and analysis equipment, and others. The company's customers primarily come from applications including semiconductors, coating, industrial purposes, and others. The company markets its products through its proprietary sales network and independent marketing agents. Pfeiffer Vacuum Technology has a global presence, with Europe, the United States, and Asia being the three biggest markets for the company.

Pfeiffer Vacuum Technology AG (XTER:PFV) Headlines

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