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Alcomet AD (XBUL:ALCM) Debt-to-EBITDA : 1.88 (As of Dec. 2022)


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What is Alcomet AD Debt-to-EBITDA?

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

Alcomet AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was лв119.3 Mil. Alcomet AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was лв40.9 Mil. Alcomet AD's annualized EBITDA for the quarter that ended in Dec. 2022 was лв85.4 Mil. Alcomet AD's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 1.88.

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

XBUL:ALCM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.6   Med: 4.35   Max: 8.9
Current: 1.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Alcomet AD was 8.90. The lowest was 1.60. And the median was 4.35.

XBUL:ALCM's Debt-to-EBITDA is ranked better than
51.69% of 534 companies
in the Metals & Mining industry
Industry Median: 1.965 vs XBUL:ALCM: 1.88

Alcomet AD Debt-to-EBITDA Historical Data

The historical data trend for Alcomet AD'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.

Alcomet AD Debt-to-EBITDA Chart

Alcomet AD Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.26 4.43 8.72 8.90 1.88

Alcomet AD Semi-Annual Data
Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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 4.26 4.43 8.72 8.90 1.88

Competitive Comparison of Alcomet AD's Debt-to-EBITDA

For the Aluminum subindustry, Alcomet AD'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.


Alcomet AD's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Alcomet AD's Debt-to-EBITDA distribution charts can be found below:

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



Alcomet AD Debt-to-EBITDA Calculation

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

Alcomet AD'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
=(119.299 + 40.875) / 85.379
=1.88

Alcomet AD's annualized Debt-to-EBITDA for the quarter 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
=(119.299 + 40.875) / 85.379
=1.88

* 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. 2022) EBITDA data.


Alcomet AD  (XBUL:ALCM) 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.


Alcomet AD Debt-to-EBITDA Related Terms

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


Alcomet AD (XBUL:ALCM) Business Description

Traded in Other Exchanges
N/A
Address
Second Industrial Zone, Shumen, BGR, 9700
Alcomet AD is a Bulgaria-based company, which is primarily engaged in the production of aluminium extruded and rolled products. Its operation includes production and sale of castings, rolled and extruded aluminum products, used in machine building, construction, food industry, among others. The company offers its product under various categories namely foundry, rolled, press and packaging products. Its product range includes cast billets and coils, aluminum sheets, strips and foils, extruded profiles, bars and tubes, as well as powder coating sheets, and tubes. Alcomet products sold in both Bulgarian and overseas market.

Alcomet AD (XBUL:ALCM) Headlines

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