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Brisa-Auto Estradas de Portugal (FRA:BRQ) Debt-to-EBITDA : 6.34 (As of Dec. 2013)


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What is Brisa-Auto Estradas de Portugal Debt-to-EBITDA?

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

Brisa-Auto Estradas de Portugal's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was €389.5 Mil. Brisa-Auto Estradas de Portugal's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was €2,149.7 Mil. Brisa-Auto Estradas de Portugal's annualized EBITDA for the quarter that ended in Dec. 2013 was €400.5 Mil. Brisa-Auto Estradas de Portugal's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2013 was 6.34.

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 Brisa-Auto Estradas de Portugal's Debt-to-EBITDA or its related term are showing as below:

FRA:BRQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.34
Current: 6.34

During the past 8 years, the highest Debt-to-EBITDA Ratio of Brisa-Auto Estradas de Portugal was 6.34. The lowest was 0.00. And the median was 0.00.

FRA:BRQ's Debt-to-EBITDA is not ranked
in the Construction industry.
Industry Median: 2.3 vs FRA:BRQ: 6.34

Brisa-Auto Estradas de Portugal Debt-to-EBITDA Historical Data

The historical data trend for Brisa-Auto Estradas de Portugal'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.

Brisa-Auto Estradas de Portugal Debt-to-EBITDA Chart

Brisa-Auto Estradas de Portugal Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-EBITDA
Get a 7-Day Free Trial 6.37 2.93 9.92 7.10 6.34

Brisa-Auto Estradas de Portugal Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-EBITDA Get a 7-Day Free Trial 6.37 2.93 9.92 7.10 6.34

Competitive Comparison of Brisa-Auto Estradas de Portugal's Debt-to-EBITDA

For the Infrastructure Operations subindustry, Brisa-Auto Estradas de Portugal'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.


Brisa-Auto Estradas de Portugal's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Brisa-Auto Estradas de Portugal's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Brisa-Auto Estradas de Portugal's Debt-to-EBITDA falls into.



Brisa-Auto Estradas de Portugal Debt-to-EBITDA Calculation

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

Brisa-Auto Estradas de Portugal's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(389.497 + 2149.741) / 400.538
=6.34

Brisa-Auto Estradas de Portugal's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(389.497 + 2149.741) / 400.538
=6.34

* 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. 2013) EBITDA data.


Brisa-Auto Estradas de Portugal  (FRA:BRQ) 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.


Brisa-Auto Estradas de Portugal Debt-to-EBITDA Related Terms

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


Brisa-Auto Estradas de Portugal (FRA:BRQ) Business Description

Traded in Other Exchanges
N/A
Address
Brisa-Auto Estradas de Portugal is engaged in motorway operators, transport infrastructure in Portugal. Its main business area is the construction and operation of tolled motorways, both through direct investments in Portugal.

Brisa-Auto Estradas de Portugal (FRA:BRQ) Headlines

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