PARK & Bellheimer AG (FRA:PKB) Debt-to-EBITDA : 1.25 (As of Jun. 2024)

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What is PARK & Bellheimer AG Debt-to-EBITDA?

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

PARK & Bellheimer AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €2.67 Mil. PARK & Bellheimer AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €5.12 Mil. PARK & Bellheimer AG's annualized EBITDA for the quarter that ended in Jun. 2024 was €6.21 Mil. PARK & Bellheimer AG's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 1.25.

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 PARK & Bellheimer AG's Debt-to-EBITDA or its related term are showing as below:

FRA:PKB' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.25 Med: 2.14 Max: 4.47
Current: 1.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of PARK & Bellheimer AG was 4.47. The lowest was 1.25. And the median was 2.14.

FRA:PKB's Debt-to-EBITDA is ranked better than
56.96% of 158 companies
in the Beverages - Alcoholic industry
Industry Median: 1.64 vs FRA:PKB: 1.25

PARK & Bellheimer AG Debt-to-EBITDA Historical Data

The historical data trend for PARK & Bellheimer AG'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.

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PARK & Bellheimer AG Debt-to-EBITDA Chart

PARK & Bellheimer AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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2.24

4.47

3.42

2.09

1.44

PARK & Bellheimer AG Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial															2.10	2.30	1.62	1.46	1.25

Competitive Comparison of PARK & Bellheimer AG's Debt-to-EBITDA

For the Beverages - Brewers subindustry, PARK & Bellheimer AG'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.

PARK & Bellheimer AG's Debt-to-EBITDA Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, PARK & Bellheimer AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PARK & Bellheimer AG's Debt-to-EBITDA falls into.

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PARK & Bellheimer AG Debt-to-EBITDA Calculation

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

PARK & Bellheimer AG'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
	=	(2.67	+	6.409)	/	6.312
	=	1.44

PARK & Bellheimer AG's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.666	+	5.119)	/	6.21
	=	1.25

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. 2024) EBITDA data.

PARK & Bellheimer AG (FRA:PKB) 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.

PARK & Bellheimer AG Debt-to-EBITDA Related Terms

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

PARK & Bellheimer AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » PARK & Bellheimer AG (FRA:PKB) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

PKB:Germany

Address

Zweibrucker Strasse 4, Pirmasens, DEU, 66953

Website

https://www.park-bellheimer.de

PARK & Bellheimer AG is a beverage manufacturer producing both alcohol-free beverages and obergarige beers. group that deals with the production and sale of bottom- and top-fermented beer and mixed beer drinks as well as non-alcoholic drinks. In addition, the management of the owned land and buildings operated, in part, for operational purposes of production and distribution used by beer and non-alcoholic beverages, but sometimes not represent operational assets and for rental and value appreciation purposes are used.

Executives

Roald Pauli

Board of Directors