Voya Financial Debt-to-EBITDA Ratio Growth & History (VOYA)
Voya Financial's debt-to-ebitda ratio was 16.66 for fiscal 2016.
View full Voya Financial company overviewVoya Financial annual debt-to-ebitda ratio history
2012
2013
2014
2015
2016
| Fiscal year | Period ended | Debt-to-EBITDA ratio | Change | Growth |
|---|---|---|---|---|
| 2016 | 2016-12-31 | 16.66 | 2.74 | +19.65% |
| 2015 | 2015-12-31 | 13.92 | 2.38 | +20.59% |
| 2014 | 2014-12-31 | 11.55 | 3.62 | +45.66% |
| 2013 | 2013-12-31 | 7.93 | −8.85 | −52.75% |
| 2012 | 2012-12-31 | 16.78 | — | — |
Voya Financial debt-to-ebitda ratio trends
Between the periods ended 2012-12-31 and 2016-12-31, Voya Financial's debt-to-ebitda ratio decreased from 16.78 to 16.66, a change of −0.12.
About the metric
What the debt-to-EBITDA ratio means
Debt-to-EBITDA compares interest-bearing debt with operating earnings before interest, taxes, depreciation, and amortization. It is commonly used to assess leverage, but it is generally unsuitable for banks and other financial companies.
Calculation and source
How debt-to-EBITDA is calculated
TickerStat divides period-end total debt by annual EBITDA. Quarterly observations use trailing-12-month EBITDA. Periods with zero or negative EBITDA are excluded because the leverage multiple would not be meaningful. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Voya Financial source filings ↗