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FRHC (Freedom Holding) Debt-to-EBITDA : 2.89 (As of Dec. 2024)


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What is Freedom Holding Debt-to-EBITDA?

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

Freedom Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $2,200 Mil. Freedom Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $509 Mil. Freedom Holding's annualized EBITDA for the quarter that ended in Dec. 2024 was $936 Mil. Freedom Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 2.89.

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 Freedom Holding's Debt-to-EBITDA or its related term are showing as below:

FRHC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.99   Med: 3.46   Max: 6.11
Current: 2.93

During the past 13 years, the highest Debt-to-EBITDA Ratio of Freedom Holding was 6.11. The lowest was 1.99. And the median was 3.46.

FRHC's Debt-to-EBITDA is ranked better than
69.92% of 133 companies
in the Diversified Financial Services industry
Industry Median: 4.21 vs FRHC: 2.93

Freedom Holding Debt-to-EBITDA Historical Data

The historical data trend for Freedom Holding'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.

Freedom Holding Debt-to-EBITDA Chart

Freedom Holding Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 2.34 1.99 3.57 3.23

Freedom Holding Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.23 3.15 3.74 2.81 2.89

Competitive Comparison of Freedom Holding's Debt-to-EBITDA

For the Financial Conglomerates subindustry, Freedom Holding'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.


Freedom Holding's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Freedom Holding's Debt-to-EBITDA distribution charts can be found below:

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


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Freedom Holding Debt-to-EBITDA Calculation

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

Freedom Holding's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2756.596 + 312.514) / 951.085
=3.23

Freedom Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2199.703 + 509.236) / 936.436
=2.89

* 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. 2024) EBITDA data.


Freedom Holding  (NAS:FRHC) 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.


Freedom Holding Debt-to-EBITDA Related Terms

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


Freedom Holding Business Description

Traded in Other Exchanges
Address
No. 77-7 Al Farabi Avenue, Esentai Tower BC, Floor 7, Almaty, KAZ, 050040
Freedom Holding Corp is a holding company with its subsidiary it is engaged in securities brokerage, securities dealing for customers and account, market-making activities, investment research, investment counseling, investment banking services, retail and commercial banking, insurance products, payment services, and information processing services. It acts as a professional participant through its subsidiaries on the Kazakhstan Stock Exchange (KASE), Moscow Exchange (MOEX), Saint-Petersburg Exchange (SPB), the Ukrainian Exchange, the Uzbek Republican Currency Exchange (UZCE), and the Republican Stock Exchange of Tashkent (UZSE). Its segments are Brokerage, Banking, Insurance, and Others.
Executives
Renat Tukanov officer: CHIEF TECHNOLOGY OFFICER "ESENTIA TOWER" BC, FLOOR 7, 77/7 AL FARABI AVE, ALMATY 1P 050040
Sergey Lukyanov officer: *See Remarks ESENTAI TOWER BC, FLOOR 7, 77/7 AL FARABI AVE, ALMATY 1P 050040
Evgeny Ler officer: Chief Financial Officer 202 DOSTYK AVE, 4TH FLOOR, ALMATY 1P 050051
Robert Wotczak officer: CEO - Prime Executions C/O TOMI ENVIRONMENTAL SOLUTIONS, INC., 5111 PEGASUS COURT, FREDERICK MD 21704
Liudmila Kiriaku officer: VP of Compliance until 8/18/23 CHIRSTAKI KRANOU 20 C TOWER 5TH FL, LIMASSOL G4 4041
Boris Cherdabayev 10 percent owner, officer: Chief Operating Officer C/O POULTON & YORDAN, 324 SOUTH 400 WEST SUITE 250, SALT LAKE CITY UT 84101
Amber Williams director 324 SOUTH 400 WEST, SUITE 250, SALT LAKE CITY UT 84101
Askar Tashtitov officer: President KURMANGAZY ST 31, APT 38, ALMATY 1P 050051
Arkady V Rakhilkin director AL-FARABI 17, NURLY TAU 4B, OFFICE 104, ALMATY 1P 050059
Timur R Turlov director, 10 percent owner, officer: Chief Executive Officer VLANSKIY PER. 14B, AP. 67, MOSCOW 1Z 101000
Toleush Tolmakov 10 percent owner, officer: Vice President 202 DOSTYK AVE., 4TH FLOOR, ALMATY 1P 050051
Daymon M. Smith director 352 E. 426 N., ALPINE UT 84004
Anuarbek Baimoldin officer: Chief Operating Officer 202 DOSTYK AVE. 4TH FLOOR, ALMATY 1P 050051
Jason M Kerr director 1038 SOUTH 750 EAST, KAYSVILLE UT 84037
Jsc Compass Asset Management 10 percent owner 240V FURMANOVA STREET, ALMATY 1P 050059