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Galeb GTE a.d (XBEL:GLBG) Debt-to-EBITDA : 24.46 (As of Dec. 2023)


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What is Galeb GTE a.d Debt-to-EBITDA?

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

Galeb GTE a.d's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RSD140.83 Mil. Galeb GTE a.d's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RSD0.00 Mil. Galeb GTE a.d's annualized EBITDA for the quarter that ended in Dec. 2023 was RSD5.76 Mil. Galeb GTE a.d's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 24.46.

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 Galeb GTE a.d's Debt-to-EBITDA or its related term are showing as below:

XBEL:GLBG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -377.74   Med: -1.95   Max: 24.46
Current: 24.46

During the past 13 years, the highest Debt-to-EBITDA Ratio of Galeb GTE a.d was 24.46. The lowest was -377.74. And the median was -1.95.

XBEL:GLBG's Debt-to-EBITDA is not ranked
in the Hardware industry.
Industry Median: 1.8 vs XBEL:GLBG: 24.46

Galeb GTE a.d Debt-to-EBITDA Historical Data

The historical data trend for Galeb GTE a.d'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.

Galeb GTE a.d Debt-to-EBITDA Chart

Galeb GTE a.d Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -36.94 19.57 -27.59 -129.90 24.46

Galeb GTE a.d Semi-Annual Data
Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec21 Dec22 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 -36.94 19.57 -27.59 -129.90 24.46

Competitive Comparison of Galeb GTE a.d's Debt-to-EBITDA

For the Communication Equipment subindustry, Galeb GTE a.d'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.


Galeb GTE a.d's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Galeb GTE a.d's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Galeb GTE a.d's Debt-to-EBITDA falls into.



Galeb GTE a.d Debt-to-EBITDA Calculation

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

Galeb GTE a.d'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
=(140.83 + 0) / 5.758
=24.46

Galeb GTE a.d'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
=(140.83 + 0) / 5.758
=24.46

* 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. 2023) EBITDA data.


Galeb GTE a.d  (XBEL:GLBG) 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.


Galeb GTE a.d Debt-to-EBITDA Related Terms

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


Galeb GTE a.d (XBEL:GLBG) Business Description

Traded in Other Exchanges
N/A
Address
Pocerska 111, Sabac, SRB, 15000
Galeb GTE a.d manufactures communication equipment. The company is engaged in the production, sale and servicing of electrical tools and equipment for the industry. It manufacturer fiscal devices and terminals for remote reading of data from fiscal devices, signaling systems for railways, GPS systems, metal processing, metal, and plastic packaging.

Galeb GTE a.d (XBEL:GLBG) Headlines

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