Comelf (BSE:CMF) Debt-to-EBITDA : 2.00 (As of Mar. 2024)

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What is Comelf Debt-to-EBITDA?

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

Comelf's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was lei36.1 Mil. Comelf's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was lei0.0 Mil. Comelf's annualized EBITDA for the quarter that ended in Mar. 2024 was lei18.0 Mil. Comelf's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.00.

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

BSE:CMF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.89 Med: 3.03 Max: 4.08
Current: 1.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Comelf was 4.08. The lowest was 1.89. And the median was 3.03.

BSE:CMF's Debt-to-EBITDA is ranked worse than
53.54% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs BSE:CMF: 1.93

Comelf Debt-to-EBITDA Historical Data

The historical data trend for Comelf'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.

Comelf Debt-to-EBITDA Chart

Comelf Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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3.44

3.11

2.80

3.22

1.89

Comelf Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															1.81	2.30	1.79	2.02	2.00

Competitive Comparison of Comelf's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, Comelf'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.

Comelf's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Comelf's Debt-to-EBITDA distribution charts can be found below:

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

Comelf Debt-to-EBITDA Calculation

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

Comelf'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
	=	(37.231	+	0.067)	/	19.784
	=	1.89

Comelf's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(36.131	+	0.018)	/	18.048
	=	2.00

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 four times the quarterly (Mar. 2024) EBITDA data.

Comelf (BSE:CMF) 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.

Comelf Debt-to-EBITDA Related Terms

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

Comelf (BSE:CMF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Comelf SA (BSE:CMF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 4 Industriei Street, Bistrita Nasaud County, Bistrita, ROU, 420063

Website

http://www.comelf.ro

Comelf SA is engaged in the production of engines and turbines. The company manufactures equipment and components for power stations and environmental protection equipment for earthmoving, lifting and transportation equipment, including their sub assemblies, steel structures, weapons ammunition, road transport vehicles and military combat. Its product portfolio includes Bag Filters, scrapers for primary radial settling tanks, Mechanical equipment for methane tank, Equipment for wastewater treatment and others. Its segments consist of Factory of stainless steel products(FPI), Factory for Earth Moving Machinery and Equipment, Bag Filters and Electrostatic Precipitators(FUET) and Factory for Earth Moving Machines and Components(TERRA). The majority of its revenue is generated outside Romania.