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Antares Vision SpA (CHIX:AVM) Debt-to-EBITDA : 25.91 (As of Jun. 2023)


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What is Antares Vision SpA Debt-to-EBITDA?

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

Antares Vision SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €19.0 Mil. Antares Vision SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €150.3 Mil. Antares Vision SpA's annualized EBITDA for the quarter that ended in Jun. 2023 was €6.5 Mil. Antares Vision SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 25.91.

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 Antares Vision SpA's Debt-to-EBITDA or its related term are showing as below:

CHIX:AVm' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.27   Med: 3.09   Max: 7.5
Current: 4.42

During the past 7 years, the highest Debt-to-EBITDA Ratio of Antares Vision SpA was 7.50. The lowest was 0.27. And the median was 3.09.

CHIX:AVm's Debt-to-EBITDA is ranked worse than
74.79% of 833 companies
in the Business Services industry
Industry Median: 1.9 vs CHIX:AVm: 4.42

Antares Vision SpA Debt-to-EBITDA Historical Data

The historical data trend for Antares Vision 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.

Antares Vision SpA Debt-to-EBITDA Chart

Antares Vision SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial 1.13 3.09 7.50 4.13 3.57

Antares Vision SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 10.83 2.63 10.72 2.14 25.91

Competitive Comparison of Antares Vision SpA's Debt-to-EBITDA

For the Security & Protection Services subindustry, Antares Vision 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.


Antares Vision SpA's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Antares Vision SpA's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Antares Vision SpA's Debt-to-EBITDA falls into.



Antares Vision SpA Debt-to-EBITDA Calculation

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

Antares Vision SpA'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
=(12.21 + 137.345) / 41.916
=3.57

Antares Vision SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.011 + 150.319) / 6.536
=25.91

* 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 (Jun. 2023) EBITDA data.


Antares Vision SpA  (CHIX:AVm) 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.


Antares Vision SpA Debt-to-EBITDA Related Terms

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


Antares Vision SpA (CHIX:AVM) Business Description

Traded in Other Exchanges
Address
Via Del Ferro 16, Travagliato, Brescia, ITA, 25039
Antares Vision SpA is engaged in providing control systems and traceability solutions. The business activities of the group include designing, manufacturing, installing, and maintaining critical systems for the most demanding customers in the world. The company offers products such as Track and Trace devices, Inspection systems, Inspection machines, and Smart data management systems. Its geographical segments are Italy, Europe, North and South America, Asia, Oceania, Africa, and the Middle East.

Antares Vision SpA (CHIX:AVM) Headlines

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