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Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) Debt-to-EBITDA : 1.13 (As of Dec. 2023)


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What is Baticim Bati Anadolu Cimentonayii AS Debt-to-EBITDA?

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

Baticim Bati Anadolu Cimentonayii AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1,392 Mil. Baticim Bati Anadolu Cimentonayii AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺3,369 Mil. Baticim Bati Anadolu Cimentonayii AS's annualized EBITDA for the quarter that ended in Dec. 2023 was ₺4,215 Mil. Baticim Bati Anadolu Cimentonayii AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.13.

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 Baticim Bati Anadolu Cimentonayii AS's Debt-to-EBITDA or its related term are showing as below:

IST:BTCIM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.27   Med: 2.01   Max: 29.39
Current: 1.9

During the past 13 years, the highest Debt-to-EBITDA Ratio of Baticim Bati Anadolu Cimentonayii AS was 29.39. The lowest was -17.27. And the median was 2.01.

IST:BTCIM's Debt-to-EBITDA is ranked better than
53.85% of 312 companies
in the Building Materials industry
Industry Median: 2.155 vs IST:BTCIM: 1.90

Baticim Bati Anadolu Cimentonayii AS Debt-to-EBITDA Historical Data

The historical data trend for Baticim Bati Anadolu Cimentonayii 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.

Baticim Bati Anadolu Cimentonayii AS Debt-to-EBITDA Chart

Baticim Bati Anadolu Cimentonayii 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 -17.27 -9.23 -5.32 2.31 1.90

Baticim Bati Anadolu Cimentonayii AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only 0.76 2.81 2.26 1.51 1.13

Competitive Comparison of Baticim Bati Anadolu Cimentonayii AS's Debt-to-EBITDA

For the Building Materials subindustry, Baticim Bati Anadolu Cimentonayii 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.


Baticim Bati Anadolu Cimentonayii AS's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Baticim Bati Anadolu Cimentonayii AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Baticim Bati Anadolu Cimentonayii AS's Debt-to-EBITDA falls into.



Baticim Bati Anadolu Cimentonayii AS Debt-to-EBITDA Calculation

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

Baticim Bati Anadolu Cimentonayii 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
=(1391.729 + 3369.29) / 2501.274
=1.90

Baticim Bati Anadolu Cimentonayii 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
=(1391.729 + 3369.29) / 4215.24
=1.13

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Baticim Bati Anadolu Cimentonayii AS  (IST:BTCIM) 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.


Baticim Bati Anadolu Cimentonayii AS Debt-to-EBITDA Related Terms

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


Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) Business Description

Traded in Other Exchanges
N/A
Address
Ankara Caddesi No:335, Bornova, Izmir, TUR, 35050
Baticim Bati Anadolu Cimento Sanayii AS is engaged in the production and marketing of cement, ready-mixed concrete, gravel, and cement clinker. Its products and services include concrete, aggregates, and logistics. Its cement product comprises of Portland cement, Portland composite cement; concrete, comprising standard and special concrete. Further, it offers logistics services, such as marine cargo handling and harbor operations management.

Baticim Bati Anadolu Cimentonayii AS (IST:BTCIM) Headlines

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