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Athens Medical Centre (ATH:IATR) Debt-to-EBITDA : 5.73 (As of Dec. 2023)


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What is Athens Medical Centre Debt-to-EBITDA?

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

Athens Medical Centre's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €56.7 Mil. Athens Medical Centre's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €101.9 Mil. Athens Medical Centre's annualized EBITDA for the quarter that ended in Dec. 2023 was €27.7 Mil. Athens Medical Centre's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.73.

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 Athens Medical Centre's Debt-to-EBITDA or its related term are showing as below:

ATH:IATR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.15   Med: 5.89   Max: 175.55
Current: 4.15

During the past 13 years, the highest Debt-to-EBITDA Ratio of Athens Medical Centre was 175.55. The lowest was 4.15. And the median was 5.89.

ATH:IATR's Debt-to-EBITDA is ranked worse than
68.54% of 426 companies
in the Healthcare Providers & Services industry
Industry Median: 2.645 vs ATH:IATR: 4.15

Athens Medical Centre Debt-to-EBITDA Historical Data

The historical data trend for Athens Medical Centre'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.

Athens Medical Centre Debt-to-EBITDA Chart

Athens Medical Centre 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 4.82 6.97 4.33 4.48 4.15

Athens Medical Centre Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 4.58 4.03 4.93 3.09 5.73

Competitive Comparison of Athens Medical Centre's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Athens Medical Centre'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.


Athens Medical Centre's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Athens Medical Centre's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Athens Medical Centre's Debt-to-EBITDA falls into.



Athens Medical Centre Debt-to-EBITDA Calculation

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

Athens Medical Centre'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
=(56.658 + 101.853) / 38.231
=4.15

Athens Medical Centre'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
=(56.658 + 101.853) / 27.672
=5.73

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Athens Medical Centre  (ATH:IATR) 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.


Athens Medical Centre Debt-to-EBITDA Related Terms

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


Athens Medical Centre (ATH:IATR) Business Description

Traded in Other Exchanges
Address
5-7 Distomou Street Maroussi, Athens, GRC, 15125
Athens Medical Centre SA engages in the provision of healthcare services. It includes medical research and methods of treatment, training, and selection of executives and staff on behalf of the hospitals and importation of medical tools, instruments, machinery, and automated devices for the hospitals. Its offering includes medical services in such specializations as pathology, cardiology, general surgery, plastic and vascular surgery, orthopedic, physiotherapy, ophthalmology, urology, neurosurgery, thoracic, pediatric, dermatology, endocrinology and stomatology. The company operates in Domestic healthcare service, Healthcare service provided abroad (Romania) and Sale of medical tools & sanitary/health equipment segment.

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