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Birikim Varlik Yonetim AS (IST:BRKVY) Debt-to-EBITDA : 0.25 (As of Mar. 2024)


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What is Birikim Varlik Yonetim AS Debt-to-EBITDA?

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

Birikim Varlik Yonetim AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺233.2 Mil. Birikim Varlik Yonetim AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺0.0 Mil. Birikim Varlik Yonetim AS's annualized EBITDA for the quarter that ended in Mar. 2024 was ₺935.5 Mil. Birikim Varlik Yonetim AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.25.

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 Birikim Varlik Yonetim AS's Debt-to-EBITDA or its related term are showing as below:

IST:BRKVY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.39   Med: 0.73   Max: 2.76
Current: 0.41

During the past 5 years, the highest Debt-to-EBITDA Ratio of Birikim Varlik Yonetim AS was 2.76. The lowest was 0.39. And the median was 0.73.

IST:BRKVY's Debt-to-EBITDA is ranked better than
70.64% of 361 companies
in the Asset Management industry
Industry Median: 1.33 vs IST:BRKVY: 0.41

Birikim Varlik Yonetim AS Debt-to-EBITDA Historical Data

The historical data trend for Birikim Varlik Yonetim 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.

Birikim Varlik Yonetim AS Debt-to-EBITDA Chart

Birikim Varlik Yonetim AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
2.52 2.76 0.39 0.73 0.63

Birikim Varlik Yonetim AS Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 0.69 0.24 0.84 0.25

Competitive Comparison of Birikim Varlik Yonetim AS's Debt-to-EBITDA

For the Asset Management subindustry, Birikim Varlik Yonetim 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.


Birikim Varlik Yonetim AS's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Birikim Varlik Yonetim AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Birikim Varlik Yonetim AS's Debt-to-EBITDA falls into.



Birikim Varlik Yonetim AS Debt-to-EBITDA Calculation

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

Birikim Varlik Yonetim 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
=(300.718 + 0) / 480.966
=0.63

Birikim Varlik Yonetim 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
=(233.178 + 0) / 935.536
=0.25

* 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 (Mar. 2024) EBITDA data.


Birikim Varlik Yonetim AS  (IST:BRKVY) 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.


Birikim Varlik Yonetim AS Debt-to-EBITDA Related Terms

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


Birikim Varlik Yonetim AS (IST:BRKVY) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Buyukdere Caddesi, Ozsezen Business Center, A Blok No. 122 Floor No. 5 Esentepe, Sisli, Istanbul, TUR
Birikim Varlik Yonetim AS operates as a asset management company.

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