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Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) Debt-to-EBITDA : -2.03 (As of Dec. 2023)


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What is Bagfas Bandirma Gubre Fabrikalari AS Debt-to-EBITDA?

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

Bagfas Bandirma Gubre Fabrikalari AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1,803 Mil. Bagfas Bandirma Gubre Fabrikalari AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1,315 Mil. Bagfas Bandirma Gubre Fabrikalari AS's annualized EBITDA for the quarter that ended in Dec. 2023 was ₺-1,538 Mil. Bagfas Bandirma Gubre Fabrikalari AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -2.03.

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 Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-EBITDA or its related term are showing as below:

IST:BAGFS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -45.47   Med: 6.61   Max: 117.07
Current: -2.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Bagfas Bandirma Gubre Fabrikalari AS was 117.07. The lowest was -45.47. And the median was 6.61.

IST:BAGFS's Debt-to-EBITDA is ranked worse than
100% of 179 companies
in the Agriculture industry
Industry Median: 2 vs IST:BAGFS: -2.03

Bagfas Bandirma Gubre Fabrikalari AS Debt-to-EBITDA Historical Data

The historical data trend for Bagfas Bandirma Gubre Fabrikalari AS'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.

Bagfas Bandirma Gubre Fabrikalari AS Debt-to-EBITDA Chart

Bagfas Bandirma Gubre Fabrikalari AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.75 -45.47 10.39 2.53 -2.03

Bagfas Bandirma Gubre Fabrikalari AS Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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 7.75 -45.47 10.39 2.53 -2.03

Competitive Comparison of Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Bagfas Bandirma Gubre Fabrikalari AS'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.


Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bagfas Bandirma Gubre Fabrikalari AS's Debt-to-EBITDA falls into.



Bagfas Bandirma Gubre Fabrikalari AS Debt-to-EBITDA Calculation

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

Bagfas Bandirma Gubre Fabrikalari AS'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
=(1803.49 + 1314.684) / -1537.683
=-2.03

Bagfas Bandirma Gubre Fabrikalari AS's annualized Debt-to-EBITDA for the quarter 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
=(1803.49 + 1314.684) / -1537.683
=-2.03

* 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 (Dec. 2023) EBITDA data.


Bagfas Bandirma Gubre Fabrikalari AS  (IST:BAGFS) 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.


Bagfas Bandirma Gubre Fabrikalari AS Debt-to-EBITDA Related Terms

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


Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) Business Description

Traded in Other Exchanges
N/A
Address
Susam Sokak No:22, Cihangir, Istanbul, TUR
Bagfas Bandirma Gubre Fabrikalari AS is a Turkey-based company involved in the business of chemical fertilizers and acids. The product portfolio of the company includes Super Granule CAN, Sulphur Composite Fertilizer, Sulphur Zinc Composite Fertilizer, Special Formulations, Phosphoric Acid, and Other specialty products.

Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) Headlines

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