Cube Labs SpA (MIL:CUBE) Debt-to-EBITDA : -9.01 (As of Jun. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Cube Labs SpA Debt-to-EBITDA?

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

Cube Labs SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €0.65 Mil. Cube Labs SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €2.99 Mil. Cube Labs SpA's annualized EBITDA for the quarter that ended in Jun. 2023 was €-0.40 Mil. Cube Labs SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -9.01.

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

MIL:CUBE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.47 Med: 3.94 Max: 73.84
Current: -16.47

During the past 5 years, the highest Debt-to-EBITDA Ratio of Cube Labs SpA was 73.84. The lowest was -16.47. And the median was 3.94.

MIL:CUBE's Debt-to-EBITDA is ranked worse than
100% of 358 companies
in the Asset Management industry
Industry Median: 1.275 vs MIL:CUBE: -16.47

Cube Labs SpA Debt-to-EBITDA Historical Data

The historical data trend for Cube Labs 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.

Cube Labs SpA Debt-to-EBITDA Chart

Cube Labs SpA Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

-13.83

2.71

3.94

5.52

73.84

Cube Labs SpA Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	6.58	20.79	-108.82	-9.01

Competitive Comparison of Cube Labs SpA's Debt-to-EBITDA

For the Asset Management subindustry, Cube Labs 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.

Cube Labs SpA's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cube Labs SpA's Debt-to-EBITDA distribution charts can be found below:

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

Cube Labs SpA Debt-to-EBITDA Calculation

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

Cube Labs 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
	=	(0.903	+	3.232)	/	0.056
	=	73.84

Cube Labs 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
	=	(0.651	+	2.988)	/	-0.404
	=	-9.01

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.

Cube Labs SpA (MIL:CUBE) 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.

Cube Labs SpA Debt-to-EBITDA Related Terms

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

Cube Labs SpA (MIL:CUBE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cube Labs SpA (MIL:CUBE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Giulio Caccini, 1, Rome, ITA, 00186

Website

https://cube-labs.com

Cube Labs SpA operates as a venture builder that enables innovation in the healthcare technology space. The company is engaged in attracting sources of financing and providing entrepreneurial and operational support to the companies to develop healthcare technologies for the market.