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ABO Wind AG (XTER:AB9) Debt-to-EBITDA : 2.91 (As of Dec. 2023)


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What is ABO Wind AG Debt-to-EBITDA?

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

ABO Wind AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.0 Mil. ABO Wind AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €200.1 Mil. ABO Wind AG's annualized EBITDA for the quarter that ended in Dec. 2023 was €68.8 Mil. ABO Wind AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.91.

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

XTER:AB9' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.29   Med: 2.27   Max: 3.74
Current: 3.74

During the past 13 years, the highest Debt-to-EBITDA Ratio of ABO Wind AG was 3.74. The lowest was 1.29. And the median was 2.27.

XTER:AB9's Debt-to-EBITDA is ranked worse than
64.6% of 1308 companies
in the Construction industry
Industry Median: 2.315 vs XTER:AB9: 3.74

ABO Wind AG Debt-to-EBITDA Historical Data

The historical data trend for ABO Wind 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.

ABO Wind AG Debt-to-EBITDA Chart

ABO Wind AG 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 3.49 2.45 3.43 3.65 3.74

ABO Wind AG Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 3.08 3.61 2.91 5.15 2.91

Competitive Comparison of ABO Wind AG's Debt-to-EBITDA

For the Engineering & Construction subindustry, ABO Wind 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.


ABO Wind AG's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, ABO Wind AG's Debt-to-EBITDA distribution charts can be found below:

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



ABO Wind AG Debt-to-EBITDA Calculation

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

ABO Wind AG'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
=(0 + 200.079) / 53.545
=3.74

ABO Wind AG'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
=(0 + 200.079) / 68.752
=2.91

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


ABO Wind AG  (XTER:AB9) 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.


ABO Wind AG Debt-to-EBITDA Related Terms

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


ABO Wind AG (XTER:AB9) Business Description

Traded in Other Exchanges
Address
Unter den Eichen 7, Wiesbaden, HE, DEU, 65195
ABO Wind AG plans and constructs wind farms and solar power systems in Germany, France, Spain, Ireland, Hungary, Greece, Tunisia, Argentina, Finland, and the United Kingdom. The activities of the company include Commercial Management, Technical Management, Maintenance & Service, Replacement of Large Components and Storage systems among others.
Executives
Dr. Jochen Ahn Board of Directors
Matthias Bockholt Board of Directors
Matthias Hollmann Board of Directors

ABO Wind AG (XTER:AB9) Headlines

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