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Chimcomplex Borzesti (BSE:CRC) Debt-to-EBITDA : 2.04 (As of Jun. 2023)


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What is Chimcomplex Borzesti Debt-to-EBITDA?

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

Chimcomplex Borzesti's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was lei65 Mil. Chimcomplex Borzesti's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was lei542 Mil. Chimcomplex Borzesti's annualized EBITDA for the quarter that ended in Jun. 2023 was lei297 Mil. Chimcomplex Borzesti's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 2.04.

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 Chimcomplex Borzesti's Debt-to-EBITDA or its related term are showing as below:

BSE:CRC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.53   Med: 3.16   Max: 17.76
Current: 1.44

During the past 8 years, the highest Debt-to-EBITDA Ratio of Chimcomplex Borzesti was 17.76. The lowest was 0.53. And the median was 3.16.

BSE:CRC's Debt-to-EBITDA is ranked better than
64.58% of 1214 companies
in the Chemicals industry
Industry Median: 2.35 vs BSE:CRC: 1.44

Chimcomplex Borzesti Debt-to-EBITDA Historical Data

The historical data trend for Chimcomplex Borzesti'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.

Chimcomplex Borzesti Debt-to-EBITDA Chart

Chimcomplex Borzesti Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial 14.41 17.76 3.42 0.53 1.06

Chimcomplex Borzesti Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 1.08 - 0.96 2.04

Competitive Comparison of Chimcomplex Borzesti's Debt-to-EBITDA

For the Chemicals subindustry, Chimcomplex Borzesti'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.


Chimcomplex Borzesti's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chimcomplex Borzesti's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chimcomplex Borzesti's Debt-to-EBITDA falls into.



Chimcomplex Borzesti Debt-to-EBITDA Calculation

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

Chimcomplex Borzesti'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
=(53.035 + 468.73) / 492.393
=1.06

Chimcomplex Borzesti's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(65.24 + 541.605) / 297.008
=2.04

* 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 (Jun. 2023) EBITDA data.


Chimcomplex Borzesti  (BSE:CRC) 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.


Chimcomplex Borzesti Debt-to-EBITDA Related Terms

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


Chimcomplex Borzesti (BSE:CRC) Business Description

Traded in Other Exchanges
N/A
Address
Piata Presei Libere No. 3-5, City Gate Turnul de Sud, Floor 17, Sector 1, Bucharest, ROU
Chimcomplex SA Borzesti operates as a chemical manufacturing company in Romania. Its product portfolio comprises chlorine, organic solvents, inorganic chlorides, alkylamines, and other products.