Helvetia Holding AG (XSWX:HELN) Debt-to-EBITDA : 8.67 (As of Dec. 2023)

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What is Helvetia Holding AG Debt-to-EBITDA?

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

Helvetia Holding AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF0 Mil. Helvetia Holding AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was CHF1,987 Mil. Helvetia Holding AG's annualized EBITDA for the quarter that ended in Dec. 2023 was CHF229 Mil. Helvetia Holding AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 8.67.

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 Helvetia Holding AG's Debt-to-EBITDA or its related term are showing as below:

XSWX:HELN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.28 Med: 2.02 Max: 3.89
Current: 3.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Helvetia Holding AG was 3.89. The lowest was 1.28. And the median was 2.02.

XSWX:HELN's Debt-to-EBITDA is ranked worse than
79.73% of 296 companies
in the Insurance industry
Industry Median: 1.43 vs XSWX:HELN: 3.53

Helvetia Holding AG Debt-to-EBITDA Historical Data

The historical data trend for Helvetia Holding AG'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.

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Helvetia Holding AG Debt-to-EBITDA Chart

Helvetia Holding AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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1.87

3.89

1.96

2.81

3.53

Helvetia Holding AG 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															1.91	-	2.64	-	8.67

Competitive Comparison of Helvetia Holding AG's Debt-to-EBITDA

For the Insurance - Diversified subindustry, Helvetia Holding AG'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.

Helvetia Holding AG's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Helvetia Holding AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Helvetia Holding AG's Debt-to-EBITDA falls into.

Helvetia Holding AG Debt-to-EBITDA Calculation

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

Helvetia Holding AG'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	+	1986.6)	/	563.3
	=	3.53

Helvetia Holding AG'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	+	1986.6)	/	229.2
	=	8.67

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.

Helvetia Holding AG (XSWX:HELN) 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.

Helvetia Holding AG Debt-to-EBITDA Related Terms

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

Helvetia Holding AG (XSWX:HELN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Helvetia Holding AG (XSWX:HELN) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

HLVTY:USA HELNz:UK

Address

Dufourstrasse 40, Saint Gallen, CHE, CH-9001

Website

https://www.helvetia.com

Helvetia Holding AG is a diversified insurance company. The company operates multiple segments including life, nonlife, and other activities. The company's life segment offers life insurance, pension plans, and annuities and generates most of the company's revenue. Helvetia derives the vast majority of its revenue within Switzerland, followed by Germany and Italy. Helvetia's business focuses on retail customers, as well as corporations of all sizes. It considers merger and acquisition investment as a component of its operational growth strategy.

Helvetia Holding AG (XSWX:HELN) Headlines

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