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BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) Debt-to-EBITDA : -2.97 (As of Dec. 2023)


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What is BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Debt-to-EBITDA?

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

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺259 Mil. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺167 Mil. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's annualized EBITDA for the quarter that ended in Dec. 2023 was ₺-143 Mil. BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -2.97.

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 BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Debt-to-EBITDA or its related term are showing as below:

IST:BMSTL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.88   Med: 3.89   Max: 22.52
Current: 3.89

During the past 5 years, the highest Debt-to-EBITDA Ratio of BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi was 22.52. The lowest was 1.88. And the median was 3.89.

IST:BMSTL's Debt-to-EBITDA is not ranked
in the Steel industry.
Industry Median: 2.73 vs IST:BMSTL: 3.89

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Debt-to-EBITDA Historical Data

The historical data trend for BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Debt-to-EBITDA Chart

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
22.52 8.78 2.55 1.88 3.89

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 2.93 2.53 1.40 3.56 -2.97

Competitive Comparison of BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Debt-to-EBITDA

For the Steel subindustry, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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.


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Debt-to-EBITDA falls into.



BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Debt-to-EBITDA Calculation

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

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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
=(258.959 + 166.78) / 109.354
=3.89

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi'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
=(258.959 + 166.78) / -143.24
=-2.97

* 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. 2023) EBITDA data.


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi  (IST:BMSTL) 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.


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Merdivenkoy Mah. Bora Sok., No. 1 Floor 2/6, Kadikoy, Istanbul, TUR
BMS Birlesik Metal Sanayi ve Ticaret Anonim Sirketi is engaged in galvanized steel wire manufacturing. Its products include armouring wire, hot-dip wire, flat wire among others.

BMS Birlesik Metalnayi ve Ticaret Anonim Sirketi (IST:BMSTL) Headlines

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