Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Debt-to-EBITDA : 0.00 (As of Mar. 2024)

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What is Akmerkez Gayrimenkul Yatirim Ort AS Debt-to-EBITDA?

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

Akmerkez Gayrimenkul Yatirim Ort AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺0.0 Mil. Akmerkez Gayrimenkul Yatirim Ort AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺0.0 Mil. Akmerkez Gayrimenkul Yatirim Ort AS's annualized EBITDA for the quarter that ended in Mar. 2024 was ₺377.0 Mil. Akmerkez Gayrimenkul Yatirim Ort AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Akmerkez Gayrimenkul Yatirim Ort AS's Debt-to-EBITDA or its related term are showing as below:

IST:AKMGY's Debt-to-EBITDA is not ranked ^*
in the REITs industry.
Industry Median: 7.3
* Ranked among companies with meaningful Debt-to-EBITDA only.

Akmerkez Gayrimenkul Yatirim Ort AS Debt-to-EBITDA Historical Data

The historical data trend for Akmerkez Gayrimenkul Yatirim Ort AS'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.

Akmerkez Gayrimenkul Yatirim Ort AS Debt-to-EBITDA Chart

Akmerkez Gayrimenkul Yatirim Ort AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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Akmerkez Gayrimenkul Yatirim Ort AS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															-	-	-	-	-

Competitive Comparison of Akmerkez Gayrimenkul Yatirim Ort AS's Debt-to-EBITDA

For the REIT - Retail subindustry, Akmerkez Gayrimenkul Yatirim Ort AS'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.

Akmerkez Gayrimenkul Yatirim Ort AS's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Akmerkez Gayrimenkul Yatirim Ort AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Akmerkez Gayrimenkul Yatirim Ort AS's Debt-to-EBITDA falls into.

Akmerkez Gayrimenkul Yatirim Ort AS Debt-to-EBITDA Calculation

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

Akmerkez Gayrimenkul Yatirim Ort AS'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
	=	(0	+	0)	/	499.703
	=	0.00

Akmerkez Gayrimenkul Yatirim Ort AS's annualized Debt-to-EBITDA for the quarter 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
	=	(0	+	0)	/	377.04
	=	0.00

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 (Mar. 2024) EBITDA data.

Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) 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.

Akmerkez Gayrimenkul Yatirim Ort AS Debt-to-EBITDA Related Terms

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

Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Nispetiye caddesi, Akmerkez E-3 Blok Kat 1, Etiler, Istanbul, TUR

Website

http://www.akmgyo.com

Akmerkez Gayrimenkul Yatirim Ort AS is a real estate investment trust. Its business activity is to operate shopping mall that sells different products.

Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Headlines

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