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Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Debt-to-EBITDA : 3.37 (As of Dec. 2023)


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What is Transmissora Alianca de Energia Eletrica Debt-to-EBITDA?

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

Transmissora Alianca de Energia Eletrica's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$1,155 Mil. Transmissora Alianca de Energia Eletrica's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was R$8,547 Mil. Transmissora Alianca de Energia Eletrica's annualized EBITDA for the quarter that ended in Dec. 2023 was R$2,882 Mil. Transmissora Alianca de Energia Eletrica's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.37.

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 Transmissora Alianca de Energia Eletrica's Debt-to-EBITDA or its related term are showing as below:

BSP:TAEE3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.04   Med: 2.48   Max: 4.35
Current: 4.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Transmissora Alianca de Energia Eletrica was 4.35. The lowest was 2.04. And the median was 2.48.

BSP:TAEE3's Debt-to-EBITDA is ranked worse than
57.39% of 460 companies
in the Utilities - Regulated industry
Industry Median: 3.625 vs BSP:TAEE3: 4.33

Transmissora Alianca de Energia Eletrica Debt-to-EBITDA Historical Data

The historical data trend for Transmissora Alianca de Energia Eletrica'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.

Transmissora Alianca de Energia Eletrica Debt-to-EBITDA Chart

Transmissora Alianca de Energia Eletrica 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 3.56 2.04 2.22 3.47 4.35

Transmissora Alianca de Energia Eletrica 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 9.48 3.66 5.45 5.63 3.37

Competitive Comparison of Transmissora Alianca de Energia Eletrica's Debt-to-EBITDA

For the Utilities - Regulated Electric subindustry, Transmissora Alianca de Energia Eletrica'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.


Transmissora Alianca de Energia Eletrica's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Transmissora Alianca de Energia Eletrica's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Transmissora Alianca de Energia Eletrica's Debt-to-EBITDA falls into.



Transmissora Alianca de Energia Eletrica Debt-to-EBITDA Calculation

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

Transmissora Alianca de Energia Eletrica'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
=(1155.364 + 8547.276) / 2231.893
=4.35

Transmissora Alianca de Energia Eletrica'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
=(1155.364 + 8547.276) / 2882.216
=3.37

* 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.


Transmissora Alianca de Energia Eletrica  (BSP:TAEE3) 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.


Transmissora Alianca de Energia Eletrica Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Transmissora Alianca de Energia Eletrica's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Business Description

Traded in Other Exchanges
Address
Praca XV de Novembro, 20, Salas 601, e 602, 6th Floor, Centro, Rio de Janeiro, RJ, BRA, 20010-010
Transmissora Alianca de Energia Eletrica SA, or Taesa, is an electric utility company that acts as one of the largest electric transmission concessionaires in Brazil. Taesa implements, operates, and maintains electric power transmission services and facilities both for Brazil's National Interconnected System and for the electricity transmission sectors of other countries as well. The company generates most of its revenue in the form of compensation for its investments in the construction of transmission lines and for the operation and maintenance service that it provides all over Brazil. Taesa's controlling shareholders include a large, state-owned Brazilian power company, CEMIG.

Transmissora Alianca de Energia Eletrica (BSP:TAEE3) Headlines

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