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Vodafone Group (Vodafone Group) Debt-to-EBITDA : 3.69 (As of Sep. 2023)


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What is Vodafone Group Debt-to-EBITDA?

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

Vodafone Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $13,171 Mil. Vodafone Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $56,261 Mil. Vodafone Group's annualized EBITDA for the quarter that ended in Sep. 2023 was $18,837 Mil. Vodafone Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 3.69.

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

VODPF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.12   Med: 3.36   Max: 8.11
Current: 2.3

During the past 13 years, the highest Debt-to-EBITDA Ratio of Vodafone Group was 8.11. The lowest was 2.12. And the median was 3.36.

VODPF's Debt-to-EBITDA is ranked worse than
51.42% of 317 companies
in the Telecommunication Services industry
Industry Median: 2.24 vs VODPF: 2.30

Vodafone Group Debt-to-EBITDA Historical Data

The historical data trend for Vodafone Group'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.

Vodafone Group Debt-to-EBITDA Chart

Vodafone Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.02 3.98 3.18 3.30 2.12

Vodafone Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 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 3.58 3.15 3.80 1.61 3.69

Competitive Comparison of Vodafone Group's Debt-to-EBITDA

For the Telecom Services subindustry, Vodafone Group'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.


Vodafone Group's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vodafone Group's Debt-to-EBITDA distribution charts can be found below:

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



Vodafone Group Debt-to-EBITDA Calculation

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

Vodafone Group's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10529.979 + 55320.128) / 31061.028
=2.12

Vodafone Group'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
=(13170.758 + 56261.473) / 18836.712
=3.69

* 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 (Sep. 2023) EBITDA data.


Vodafone Group  (OTCPK:VODPF) 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.


Vodafone Group Debt-to-EBITDA Related Terms

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


Vodafone Group (Vodafone Group) Business Description

Address
Vodafone House, The Connection, Newbury, Berkshire, GBR, RG14 2FN
Vodafone operates mobile and fixed-line networks and businesses in more than 20 countries. Its largest market is Germany, where it is the second mobile operator after Deutsche Telekom and owns a cable network after acquiring Kabel Deutschland in 2013 and Liberty Global Germany in 2019. In the U.K. and Italy, it acts as a mobile operator, while in Spain it offers converged services after the acquisition of cable operator Ono in 2014. Vodafone also has operations in several Central European and African countries, which combined represent around one third of revenue.