Porto Aviation Group SpA (MIL:PAG) Debt-to-EBITDA : 1.77 (As of Dec. 2023)

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

What is Porto Aviation Group SpA Debt-to-EBITDA?

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

Porto Aviation Group SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.05 Mil. Porto Aviation Group SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.99 Mil. Porto Aviation Group SpA's annualized EBITDA for the quarter that ended in Dec. 2023 was €0.58 Mil. Porto Aviation Group SpA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.77.

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

MIL:PAG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.94 Med: 1.77 Max: 2.54
Current: 1.77

During the past 3 years, the highest Debt-to-EBITDA Ratio of Porto Aviation Group SpA was 2.54. The lowest was -0.94. And the median was 1.77.

MIL:PAG's Debt-to-EBITDA is ranked better than
60.7% of 229 companies
in the Aerospace & Defense industry
Industry Median: 2.29 vs MIL:PAG: 1.77

Porto Aviation Group SpA Debt-to-EBITDA Historical Data

The historical data trend for Porto Aviation Group 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.

Porto Aviation Group SpA Debt-to-EBITDA Chart

Porto Aviation Group SpA Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

2.54

-0.94

1.77

Porto Aviation Group SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Debt-to-EBITDA	2.54	-0.94	1.77

Competitive Comparison of Porto Aviation Group SpA's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Porto Aviation Group 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.

Porto Aviation Group SpA's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Porto Aviation Group SpA's Debt-to-EBITDA distribution charts can be found below:

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

Porto Aviation Group SpA Debt-to-EBITDA Calculation

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

Porto Aviation Group 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
	=	(0.045	+	0.987)	/	0.583
	=	1.77

Porto Aviation Group 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
	=	(0.045	+	0.987)	/	0.583
	=	1.77

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 one times the quarterly (Dec. 2023) EBITDA data.

Porto Aviation Group SpA (MIL:PAG) 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.

Porto Aviation Group SpA Debt-to-EBITDA Related Terms

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

Porto Aviation Group SpA (MIL:PAG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Porto Aviation Group SpA (MIL:PAG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

M2N:Germany

Address

Via Confalonieri 22, Cremella, Lecco, ITA, 23894

Website

https://www.portoaviationgroup.com

Porto Aviation Group SpA designs, constructs, and markets single-engine aircraft. The group develops an activity of manufacturing aeronautical components, particularly propellers, propeller systems, control systems, wheels, braking systems, hydraulic components, fuel systems, aluminum alloy sections, and tubes.