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Govena Lighting (WAR:GOV) Debt-to-EBITDA : 0.84 (As of Sep. 2023)


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What is Govena Lighting Debt-to-EBITDA?

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

Govena Lighting's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł0.33 Mil. Govena Lighting's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was zł0.00 Mil. Govena Lighting's annualized EBITDA for the quarter that ended in Sep. 2023 was zł0.40 Mil. Govena Lighting's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.84.

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 Govena Lighting's Debt-to-EBITDA or its related term are showing as below:

WAR:GOV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.08   Med: 0.03   Max: 0.1
Current: -0.08

During the past 7 years, the highest Debt-to-EBITDA Ratio of Govena Lighting was 0.10. The lowest was -0.08. And the median was 0.03.

WAR:GOV's Debt-to-EBITDA is ranked worse than
100% of 2294 companies
in the Industrial Products industry
Industry Median: 1.75 vs WAR:GOV: -0.08

Govena Lighting Debt-to-EBITDA Historical Data

The historical data trend for Govena Lighting'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.

Govena Lighting Debt-to-EBITDA Chart

Govena Lighting Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial - - - - -0.04

Govena Lighting Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 - - -0.01 0.26 0.84

Competitive Comparison of Govena Lighting's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Govena Lighting'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.


Govena Lighting's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Govena Lighting's Debt-to-EBITDA distribution charts can be found below:

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



Govena Lighting Debt-to-EBITDA Calculation

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

Govena Lighting'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
=(0.151 + 0) / -3.903
=-0.04

Govena Lighting's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.333 + 0) / 0.396
=0.84

* 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 (Sep. 2023) EBITDA data.


Govena Lighting  (WAR:GOV) 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.


Govena Lighting Debt-to-EBITDA Related Terms

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


Govena Lighting (WAR:GOV) Business Description

Traded in Other Exchanges
N/A
Address
ul. Sluzewska 8-15, Torun, POL, 87-100
Govena Lighting SA is a manufacturer of electronics, a contractor of services and a supplier of finished and semi-finished products. It works with lighting-industry customers, manufacturers of electricity meters and cash registers, and with power-industry customers. The products offered by the company include Electronic Transformers, LED power supply, Dimmer, Switches and sockets and LED profiles.

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