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Baydoner Restoranlari AS (IST:BYDNR) Debt-to-EBITDA : 0.95 (As of Sep. 2023)


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What is Baydoner Restoranlari AS Debt-to-EBITDA?

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

Baydoner Restoranlari AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺125 Mil. Baydoner Restoranlari AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺146 Mil. Baydoner Restoranlari AS's annualized EBITDA for the quarter that ended in Sep. 2023 was ₺285 Mil. Baydoner Restoranlari AS's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.95.

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 Baydoner Restoranlari AS's Debt-to-EBITDA or its related term are showing as below:

IST:BYDNR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.79   Med: 2.54   Max: 3.76
Current: 2.26

During the past 3 years, the highest Debt-to-EBITDA Ratio of Baydoner Restoranlari AS was 3.76. The lowest was 1.79. And the median was 2.54.

IST:BYDNR's Debt-to-EBITDA is ranked better than
58.99% of 278 companies
in the Restaurants industry
Industry Median: 2.995 vs IST:BYDNR: 2.26

Baydoner Restoranlari AS Debt-to-EBITDA Historical Data

The historical data trend for Baydoner Restoranlari 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.

Baydoner Restoranlari AS Debt-to-EBITDA Chart

Baydoner Restoranlari AS Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
3.76 1.79 2.54

Baydoner Restoranlari AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial - - 3.38 2.81 0.95

Competitive Comparison of Baydoner Restoranlari AS's Debt-to-EBITDA

For the Restaurants subindustry, Baydoner Restoranlari 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.


Baydoner Restoranlari AS's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Baydoner Restoranlari AS's Debt-to-EBITDA distribution charts can be found below:

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



Baydoner Restoranlari AS Debt-to-EBITDA Calculation

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

Baydoner Restoranlari AS's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(133.872 + 114.682) / 97.891
=2.54

Baydoner Restoranlari AS's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(125.234 + 145.517) / 284.928
=0.95

* 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 (Sep. 2023) EBITDA data.


Baydoner Restoranlari AS  (IST:BYDNR) 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.


Baydoner Restoranlari AS Debt-to-EBITDA Related Terms

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


Baydoner Restoranlari AS (IST:BYDNR) Business Description

Traded in Other Exchanges
N/A
Address
Justice Mah. Anadolu Cad, No:41 Independent Section K:20, No:17 Megapol Tower, Bayrakli District, Izmir, TUR, 35530
Baydoner Restoranlari AS is a company engaged in restaurants business. The brands Baydoner, Bursa Ishakbey and Pide by Pide owned by the company operates in the food and beverage industry.

Baydoner Restoranlari AS (IST:BYDNR) Headlines

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