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Kabel Deutschland AG (FRA:KD8V) Debt-to-EBITDA : 1.92 (As of Mar. 2021)


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What is Kabel Deutschland AG Debt-to-EBITDA?

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

Kabel Deutschland AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was €155 Mil. Kabel Deutschland AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2021 was €2,589 Mil. Kabel Deutschland AG's annualized EBITDA for the quarter that ended in Mar. 2021 was €1,426 Mil. Kabel Deutschland AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2021 was 1.92.

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

FRA:KD8V' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05   Med: 2.36   Max: 4.22
Current: 1.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kabel Deutschland AG was 4.22. The lowest was 0.05. And the median was 2.36.

FRA:KD8V's Debt-to-EBITDA is not ranked
in the Media - Diversified industry.
Industry Median: 1.675 vs FRA:KD8V: 1.92

Kabel Deutschland AG Debt-to-EBITDA Historical Data

The historical data trend for Kabel Deutschland 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.

* Premium members only.

Kabel Deutschland AG Debt-to-EBITDA Chart

Kabel Deutschland AG Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 1.64 1.89 2.36 1.92

Kabel Deutschland AG Semi-Annual Data
Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21
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 0.05 1.64 1.89 2.36 1.92

Competitive Comparison of Kabel Deutschland AG's Debt-to-EBITDA

For the Entertainment subindustry, Kabel Deutschland 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.


Kabel Deutschland AG's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Kabel Deutschland AG's Debt-to-EBITDA distribution charts can be found below:

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



Kabel Deutschland AG Debt-to-EBITDA Calculation

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

Kabel Deutschland AG's Debt-to-EBITDA for the fiscal year that ended in Mar. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(155.399 + 2589.29) / 1426.21
=1.92

Kabel Deutschland AG's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(155.399 + 2589.29) / 1426.21
=1.92

* 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 one times the quarterly (Mar. 2021) EBITDA data.


Kabel Deutschland AG  (FRA:KD8V) 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.


Kabel Deutschland AG Debt-to-EBITDA Related Terms

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


Kabel Deutschland AG (FRA:KD8V) Business Description

Traded in Other Exchanges
N/A
Address
Betastrasse 6 - 8, Unterfoehring, DEU, 85774
Kabel Deutschland is a triple play cable network operator and holding company. Its primary revenue segments are TV Business and Internet and Phone Business. The TV Business segment offers subscribers basic cable- and premium-TV products. Revenue is generated through monthly subscription fees. The Internet and Phone business is primarily involved with providing broadband Internet as well as fixed-line and mobile phone services. Like the TV Business segment, revenue is earned through monthly subscription fees. The company's infrastructure comes in the form of hybrid fibre coaxial cables. Kabel Deustchland is majority owned by Vodafone and generates the majority of its revenue in Germany.

Kabel Deutschland AG (FRA:KD8V) Headlines

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