Debt to EBITDA ratio Analysis of IDEXX Laboratories Inc - Deep Dive


Debt to EBITDA of IDXX
Dec-23
0.864
Excellent Debt to EBITDA
Dec-22
0.760
Excellent Debt to EBITDA
Growth
13.61
%
Debt to EBITDA Analysis of IDEXX Laboratories Inc
Debt to EBITDA Ratio 0.864 of IDEXX Laboratories Inc shows that the company is financially strong and has enough profit to pay off its debt.
Debt to EBITDA Ratio of IDXX has grown by 13.61 % Compared to previous Financial Year.
Debt to EBITDA Ratio with value of 1.56 was highest in Year Dec-19 in last Five Years.
Debt to EBITDA Ratio with value of 0.760 was lowest in Year Dec-22 in last Five Years.
Latest Debt to EBITDA Ratio with value of 0.864 is lower than Average Debt to EBITDA of 1.05 in last five years.
Other Debt to EBITDA Related Info of IDXX that may interest you.
IDEXX Laboratories Inc Overview
CodePricePrevious PricePrice ChangeSector
IDXX543.45540.94 0.464 % Diagnostics & Research
Fundamental AnalysisTechnical Analysis
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization.    more ..
Debt to EBITDA Formula

Debt to EBITDA Related Ratios
CashFlowFromOperationToDebtDebtToCapitalEVToEBITDA

Tsr Stability Index
Mild Stability
FY - Historical Debt to EBITDA of IDEXX Laboratories Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19Dec-18Dec-17
Debt to EBITDA0.8640.7600.9101.171.561.742.52
Change13.61 %-16.43 %-22.32 %-25.12 %-9.99 %-30.92 %-9.72 %
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FY Chart of Debt to EBITDA of IDEXX Laboratories Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)