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CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Debt-to-EBITDA : -0.68 (As of Dec. 2023)


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What is CVK Maden Isletmelerinayi ve Ticaret Debt-to-EBITDA?

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

CVK Maden Isletmelerinayi ve Ticaret's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺189 Mil. CVK Maden Isletmelerinayi ve Ticaret's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺10 Mil. CVK Maden Isletmelerinayi ve Ticaret's annualized EBITDA for the quarter that ended in Dec. 2023 was ₺-295 Mil. CVK Maden Isletmelerinayi ve Ticaret's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.68.

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 CVK Maden Isletmelerinayi ve Ticaret's Debt-to-EBITDA or its related term are showing as below:

IST:CVKMD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.19   Med: 0.41   Max: 0.55
Current: 0.46

During the past 4 years, the highest Debt-to-EBITDA Ratio of CVK Maden Isletmelerinayi ve Ticaret was 0.55. The lowest was 0.19. And the median was 0.41.

IST:CVKMD's Debt-to-EBITDA is ranked better than
78.99% of 533 companies
in the Metals & Mining industry
Industry Median: 2.04 vs IST:CVKMD: 0.46

CVK Maden Isletmelerinayi ve Ticaret Debt-to-EBITDA Historical Data

The historical data trend for CVK Maden Isletmelerinayi ve Ticaret'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.

CVK Maden Isletmelerinayi ve Ticaret Debt-to-EBITDA Chart

CVK Maden Isletmelerinayi ve Ticaret Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.55 0.45 0.19 0.38

CVK Maden Isletmelerinayi ve Ticaret Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - 0.09 0.05 0.07 -0.68

Competitive Comparison of CVK Maden Isletmelerinayi ve Ticaret's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, CVK Maden Isletmelerinayi ve Ticaret'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.


CVK Maden Isletmelerinayi ve Ticaret's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, CVK Maden Isletmelerinayi ve Ticaret's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CVK Maden Isletmelerinayi ve Ticaret's Debt-to-EBITDA falls into.



CVK Maden Isletmelerinayi ve Ticaret Debt-to-EBITDA Calculation

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

CVK Maden Isletmelerinayi ve Ticaret'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
=(189.326 + 9.91) / 529.672
=0.38

CVK Maden Isletmelerinayi ve Ticaret'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
=(189.326 + 9.91) / -294.56
=-0.68

* 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.


CVK Maden Isletmelerinayi ve Ticaret  (IST:CVKMD) 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.


CVK Maden Isletmelerinayi ve Ticaret Debt-to-EBITDA Related Terms

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


CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Muallim Naci Caddesi No: 105/B Besiktas, Kurucesme Mahallesi, Istanbul, TUR, 34353
CVK Maden Isletmeleri Sanayi ve Ticaret engages in manufacturing and fully exporting concentrated and lumpy chromite ore, concentrated lead-zinc, copper and silver ore products, and marble and travertine natural stone products. Its products comprise Lead Concentrate, Chrome Concentrate, Zinc Concentrate, and Gold.

CVK Maden Isletmelerinayi ve Ticaret (IST:CVKMD) Headlines

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