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Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Debt-to-EBITDA : 2.44 (As of Sep. 2023)


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What is Ofis Yem Gidanayi ve Ticaret AS Debt-to-EBITDA?

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

Ofis Yem Gidanayi ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺909 Mil. Ofis Yem Gidanayi ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺225 Mil. Ofis Yem Gidanayi ve Ticaret AS's annualized EBITDA for the quarter that ended in Sep. 2023 was ₺466 Mil. Ofis Yem Gidanayi ve Ticaret AS's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.44.

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 Ofis Yem Gidanayi ve Ticaret AS's Debt-to-EBITDA or its related term are showing as below:

IST:OFSYM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.06   Med: 2.32   Max: 2.42
Current: 2.38

During the past 3 years, the highest Debt-to-EBITDA Ratio of Ofis Yem Gidanayi ve Ticaret AS was 2.42. The lowest was 2.06. And the median was 2.32.

IST:OFSYM's Debt-to-EBITDA is ranked worse than
53.26% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs IST:OFSYM: 2.38

Ofis Yem Gidanayi ve Ticaret AS Debt-to-EBITDA Historical Data

The historical data trend for Ofis Yem Gidanayi ve Ticaret 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.

Ofis Yem Gidanayi ve Ticaret AS Debt-to-EBITDA Chart

Ofis Yem Gidanayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
2.42 2.06 2.32

Ofis Yem Gidanayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial - - 2.09 1.86 2.44

Competitive Comparison of Ofis Yem Gidanayi ve Ticaret AS's Debt-to-EBITDA

For the Packaged Foods subindustry, Ofis Yem Gidanayi ve Ticaret 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.


Ofis Yem Gidanayi ve Ticaret AS's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ofis Yem Gidanayi ve Ticaret AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ofis Yem Gidanayi ve Ticaret AS's Debt-to-EBITDA falls into.



Ofis Yem Gidanayi ve Ticaret AS Debt-to-EBITDA Calculation

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

Ofis Yem Gidanayi ve Ticaret 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
=(1111.723 + 256.693) / 588.986
=2.32

Ofis Yem Gidanayi ve Ticaret 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
=(909.032 + 225.123) / 465.716
=2.44

* 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.


Ofis Yem Gidanayi ve Ticaret AS  (IST:OFSYM) 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.


Ofis Yem Gidanayi ve Ticaret AS Debt-to-EBITDA Related Terms

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


Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Mustafa Kemal Mah. Dumlupinar,, Bulv. No:266, Number 15-16 06510, Tepe Prime Business Center Block C, Mezzanine Floor, Ankara District, Çankaya, TUR
Ofis Yem Gida Sanayi ve Ticaret AS operates in the Other Animal Food Manufacturing industry. The company's line of business includes the manufacturing of prepared feeds and feed ingredients for animals and fowls.

Ofis Yem Gidanayi ve Ticaret AS (IST:OFSYM) Headlines

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