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Acinque SpA (MIL:AC5) Debt-to-EBITDA : 4.52 (As of Dec. 2023)


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What is Acinque SpA Debt-to-EBITDA?

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

Acinque SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €159.5 Mil. Acinque SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €148.8 Mil. Acinque SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €68.3 Mil. Acinque SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.52.

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

MIL:AC5' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.98   Med: 2.8   Max: 4.13
Current: 3.97

During the past 13 years, the highest Debt-to-EBITDA Ratio of Acinque SpA was 4.13. The lowest was 1.98. And the median was 2.80.

MIL:AC5's Debt-to-EBITDA is ranked worse than
52.27% of 463 companies
in the Utilities - Regulated industry
Industry Median: 3.66 vs MIL:AC5: 3.97

Acinque SpA Debt-to-EBITDA Historical Data

The historical data trend for Acinque 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.

Acinque SpA Debt-to-EBITDA Chart

Acinque SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.98 2.28 2.49 3.30 4.03

Acinque SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.21 3.19 - 5.59 4.52

Competitive Comparison of Acinque SpA's Debt-to-EBITDA

For the Utilities - Diversified subindustry, Acinque 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.


Acinque SpA's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Acinque SpA's Debt-to-EBITDA distribution charts can be found below:

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



Acinque SpA Debt-to-EBITDA Calculation

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

Acinque 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
=(159.508 + 148.785) / 76.482
=4.03

Acinque 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
=(159.508 + 148.785) / 68.276
=4.52

* 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 (Dec. 2023) EBITDA data.


Acinque SpA  (MIL:AC5) 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.


Acinque SpA Debt-to-EBITDA Related Terms

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


Acinque SpA (MIL:AC5) Business Description

Traded in Other Exchanges
N/A
Address
Via Pietro Stazzi, 2, Como, ITA, 22100
Acinque SpA is an Italy-based company, engaged in public utility services. It operates in four sectors namely water, electricity and gas distribution, electricity and gas sales, urban hygiene and waste-to-energy and technologies, district heating, efficiency and smart city.

Acinque SpA (MIL:AC5) Headlines

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