Vantea Smart SpA (MIL:VNT) Debt-to-EBITDA : 4.54 (As of Jun. 2023)

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What is Vantea Smart SpA Debt-to-EBITDA?

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

Vantea Smart SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €5.76 Mil. Vantea Smart SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €7.60 Mil. Vantea Smart SpA's annualized EBITDA for the quarter that ended in Jun. 2023 was €2.94 Mil. Vantea Smart SpA's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 4.54.

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

MIL:VNT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.72 Med: 3.86 Max: 4.51
Current: 3.89

During the past 4 years, the highest Debt-to-EBITDA Ratio of Vantea Smart SpA was 4.51. The lowest was 0.72. And the median was 3.86.

MIL:VNT's Debt-to-EBITDA is ranked worse than
79.36% of 1628 companies
in the Software industry
Industry Median: 1.06 vs MIL:VNT: 3.89

Vantea Smart SpA Debt-to-EBITDA Historical Data

The historical data trend for Vantea Smart 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.

Vantea Smart SpA Debt-to-EBITDA Chart

Vantea Smart SpA Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.72

3.86

4.51

3.89

Vantea Smart SpA Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			3.04	2.96	6.82	4.54	8.05

Competitive Comparison of Vantea Smart SpA's Debt-to-EBITDA

For the Information Technology Services subindustry, Vantea Smart 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.

Vantea Smart SpA's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Vantea Smart SpA's Debt-to-EBITDA distribution charts can be found below:

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

Vantea Smart SpA Debt-to-EBITDA Calculation

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

Vantea Smart 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
	=	(3.71	+	10.6)	/	3.176
	=	4.51

Vantea Smart 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
	=	(5.759	+	7.6)	/	2.942
	=	4.54

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.

Vantea Smart SpA (MIL:VNT) 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.

Vantea Smart SpA Debt-to-EBITDA Related Terms

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

Vantea Smart SpA (MIL:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Vantea Smart SpA (MIL:VNT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via Tiburtina 1231, Rome, ITA, 00131

Website

https://www.vantea.com

Vantea Smart SpA is an Information Technology company that operates mainly in the Cybersecurity sector. It also offers consultancy in the field of System Integration and Software Development and Project development and Product development activities.