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Tubos Reunidos (CHIX:TRGE) Debt-to-EBITDA : 14.00 (As of Dec. 2023)


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What is Tubos Reunidos Debt-to-EBITDA?

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

Tubos Reunidos's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €16.9 Mil. Tubos Reunidos's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €367.7 Mil. Tubos Reunidos's annualized EBITDA for the quarter that ended in Dec. 2023 was €27.5 Mil. Tubos Reunidos's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 14.00.

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 Tubos Reunidos's Debt-to-EBITDA or its related term are showing as below:

CHIX:TRGe' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -106.88   Med: 4.35   Max: 709.94
Current: 4.15

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tubos Reunidos was 709.94. The lowest was -106.88. And the median was 4.35.

CHIX:TRGe's Debt-to-EBITDA is ranked worse than
65.57% of 488 companies
in the Steel industry
Industry Median: 2.615 vs CHIX:TRGe: 4.15

Tubos Reunidos Debt-to-EBITDA Historical Data

The historical data trend for Tubos Reunidos'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.

Tubos Reunidos Debt-to-EBITDA Chart

Tubos Reunidos 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 709.94 -5.26 -12.79 5.26 4.15

Tubos Reunidos 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 -50.83 9.80 3.57 2.41 14.00

Competitive Comparison of Tubos Reunidos's Debt-to-EBITDA

For the Steel subindustry, Tubos Reunidos'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.


Tubos Reunidos's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Tubos Reunidos's Debt-to-EBITDA distribution charts can be found below:

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



Tubos Reunidos Debt-to-EBITDA Calculation

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

Tubos Reunidos'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
=(16.866 + 367.66) / 92.769
=4.14

Tubos Reunidos'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
=(16.866 + 367.66) / 27.474
=14.00

* 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.


Tubos Reunidos  (CHIX:TRGe) 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.


Tubos Reunidos Debt-to-EBITDA Related Terms

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


Tubos Reunidos (CHIX:TRGE) Business Description

Traded in Other Exchanges
Address
Barrio de Sagarribai, 2, Amurrio, Alava, ESP, 01470
Tubos Reunidos SA is a holding company. The company operates in the areas of the seamless tube, distribution, automotive and other sectors. Its products are essentially required by the energy sector; Oil and Gas, electrical power generation and petrochemical industry, as well as by machinery and special industrial applications. The product portfolio includes tubes manufactured in carbon, alloyed, high allowed and stainless, steels.

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