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EVS Broadcast Equipment (XBRU:EVS) Debt-to-EBITDA : 0.44 (As of Dec. 2023)


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What is EVS Broadcast Equipment Debt-to-EBITDA?

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

EVS Broadcast Equipment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €3.9 Mil. EVS Broadcast Equipment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €10.4 Mil. EVS Broadcast Equipment's annualized EBITDA for the quarter that ended in Dec. 2023 was €32.4 Mil. EVS Broadcast Equipment's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.44.

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 EVS Broadcast Equipment's Debt-to-EBITDA or its related term are showing as below:

XBRU:EVS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.29   Med: 0.39   Max: 1.43
Current: 0.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of EVS Broadcast Equipment was 1.43. The lowest was 0.29. And the median was 0.39.

XBRU:EVS's Debt-to-EBITDA is ranked better than
80.9% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs XBRU:EVS: 0.32

EVS Broadcast Equipment Debt-to-EBITDA Historical Data

The historical data trend for EVS Broadcast Equipment'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.

EVS Broadcast Equipment Debt-to-EBITDA Chart

EVS Broadcast Equipment 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 0.44 1.43 0.38 0.38 0.29

EVS Broadcast Equipment Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.38 0.40 0.48 0.25 0.44

Competitive Comparison of EVS Broadcast Equipment's Debt-to-EBITDA

For the Communication Equipment subindustry, EVS Broadcast Equipment'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.


EVS Broadcast Equipment's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, EVS Broadcast Equipment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where EVS Broadcast Equipment's Debt-to-EBITDA falls into.



EVS Broadcast Equipment Debt-to-EBITDA Calculation

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

EVS Broadcast Equipment'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
=(3.896 + 10.444) / 49.513
=0.29

EVS Broadcast Equipment'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
=(3.896 + 10.444) / 32.35
=0.44

* 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 two times the quarterly (Dec. 2023) EBITDA data.


EVS Broadcast Equipment  (XBRU:EVS) 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.


EVS Broadcast Equipment Debt-to-EBITDA Related Terms

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


EVS Broadcast Equipment (XBRU:EVS) Business Description

Traded in Other Exchanges
Address
Liege Science Park, 13 Rue Bois Saint-Jean, Seraing, BEL, B-4102
EVS Broadcast Equipment SA designs and markets digital electronic systems to broadcasters, production companies, post-production facilities, film studios, content owners, and archive libraries around the globe, to support the production of their sports, entertainment, and news programs. EVS provides solutions based on tapeless workflows with a consistent modular architecture. The company has a presence in Asia-Pacific, Europe, the Middle East and Africa, and America and generates its revenues from outside broadcast vans, studios, and others sporting event rentals.

EVS Broadcast Equipment (XBRU:EVS) Headlines

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