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EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Debt-to-EBITDA : -19.19 (As of Dec. 2023)


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What is EnBW Energie Baden-Wuerttemberg AG Debt-to-EBITDA?

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

EnBW Energie Baden-Wuerttemberg AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,621 Mil. EnBW Energie Baden-Wuerttemberg AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €14,559 Mil. EnBW Energie Baden-Wuerttemberg AG's annualized EBITDA for the quarter that ended in Dec. 2023 was €-843 Mil. EnBW Energie Baden-Wuerttemberg AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -19.19.

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 EnBW Energie Baden-Wuerttemberg AG's Debt-to-EBITDA or its related term are showing as below:

XTER:EBK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.46   Med: 2.71   Max: 3.31
Current: 2.66

During the past 13 years, the highest Debt-to-EBITDA Ratio of EnBW Energie Baden-Wuerttemberg AG was 3.31. The lowest was 1.46. And the median was 2.71.

XTER:EBK's Debt-to-EBITDA is ranked better than
58.66% of 462 companies
in the Utilities - Regulated industry
Industry Median: 3.59 vs XTER:EBK: 2.66

EnBW Energie Baden-Wuerttemberg AG Debt-to-EBITDA Historical Data

The historical data trend for EnBW Energie Baden-Wuerttemberg 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.

EnBW Energie Baden-Wuerttemberg AG Debt-to-EBITDA Chart

EnBW Energie Baden-Wuerttemberg 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 2.71 3.31 3.25 2.45 2.66

EnBW Energie Baden-Wuerttemberg AG 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 1.19 - 2.65 - -19.19

Competitive Comparison of EnBW Energie Baden-Wuerttemberg AG's Debt-to-EBITDA

For the Utilities - Diversified subindustry, EnBW Energie Baden-Wuerttemberg 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.


EnBW Energie Baden-Wuerttemberg AG's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, EnBW Energie Baden-Wuerttemberg AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where EnBW Energie Baden-Wuerttemberg AG's Debt-to-EBITDA falls into.



EnBW Energie Baden-Wuerttemberg AG Debt-to-EBITDA Calculation

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

EnBW Energie Baden-Wuerttemberg 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
=(1620.6 + 14558.6) / 6083.9
=2.66

EnBW Energie Baden-Wuerttemberg 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
=(1620.6 + 14558.6) / -843.2
=-19.19

* 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.


EnBW Energie Baden-Wuerttemberg AG  (XTER:EBK) 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.


EnBW Energie Baden-Wuerttemberg AG Debt-to-EBITDA Related Terms

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


EnBW Energie Baden-Wuerttemberg AG (XTER:EBK) Business Description

Traded in Other Exchanges
Address
Durlacher Allee 93, Karlsruhe, BW, DEU, 76131
EnBW Energie Baden-Wuerttemberg AG is a German company which is active in the energy sector. It operates in three segments: Smart Infrastructure for Customers, which comprises the sale of electricity and gas, energy industry services and energy solutions, provision and expansion of quick-charging infrastructure and digital solutions for electromobility, broadband activities; System Critical Infrastructure segment is into the transmission and distribution of electricity and gas; and Sustainable Generation Infrastructure segment encompasses activities in the areas of renewable energies and conventional generation, district heating and waste management/environmental services. Geographically it generates majority of revenue from Germany.