GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Ihlas Haber Ajansi AS (IST:IHAAS) » Definitions » Debt-to-EBITDA

Ihlas Haber Ajansi AS (IST:IHAAS) Debt-to-EBITDA : -0.15 (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Ihlas Haber Ajansi AS Debt-to-EBITDA?

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

Ihlas Haber Ajansi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺1.7 Mil. Ihlas Haber Ajansi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺17.5 Mil. Ihlas Haber Ajansi AS's annualized EBITDA for the quarter that ended in Mar. 2024 was ₺-126.2 Mil. Ihlas Haber Ajansi AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.15.

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 Ihlas Haber Ajansi AS's Debt-to-EBITDA or its related term are showing as below:

IST:IHAAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.66   Med: 0.1   Max: 0.39
Current: -0.28

During the past 4 years, the highest Debt-to-EBITDA Ratio of Ihlas Haber Ajansi AS was 0.39. The lowest was -0.66. And the median was 0.10.

IST:IHAAS's Debt-to-EBITDA is ranked worse than
100% of 667 companies
in the Media - Diversified industry
Industry Median: 1.69 vs IST:IHAAS: -0.28

Ihlas Haber Ajansi AS Debt-to-EBITDA Historical Data

The historical data trend for Ihlas Haber Ajansi 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.

Ihlas Haber Ajansi AS Debt-to-EBITDA Chart

Ihlas Haber Ajansi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.33 0.39 -0.12 -0.66

Ihlas Haber Ajansi AS Quarterly Data
Dec20 Mar21 Jun21 Sep21 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 Premium Member Only -0.05 0.13 0.16 -0.06 -0.15

Competitive Comparison of Ihlas Haber Ajansi AS's Debt-to-EBITDA

For the Broadcasting subindustry, Ihlas Haber Ajansi 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.


Ihlas Haber Ajansi AS's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Ihlas Haber Ajansi AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ihlas Haber Ajansi AS's Debt-to-EBITDA falls into.



Ihlas Haber Ajansi AS Debt-to-EBITDA Calculation

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

Ihlas Haber Ajansi 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
=(1.725 + 18.038) / -30.068
=-0.66

Ihlas Haber Ajansi 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
=(1.735 + 17.493) / -126.212
=-0.15

* 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.


Ihlas Haber Ajansi AS  (IST:IHAAS) 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.


Ihlas Haber Ajansi AS Debt-to-EBITDA Related Terms

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


Ihlas Haber Ajansi AS (IST:IHAAS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Merkez Mah. 29 October Cad., Ihlas Plaza No: 11 A/ 21, Yenibosna, Istanbul, TUR, 34197
Ihlas Haber Ajansi AS is engaged in a news agency business. The company delivers visual, written, and photographic news to its subscribers via satellite and the internet. It also has started to provide broadcasting services in Iran, Iraq, Afghanistan, Pakistan, Russia, Greece, Kosovo, Israel, Palestine, Ukraine, and Central Asian Turkic Republics.

Ihlas Haber Ajansi AS (IST:IHAAS) Headlines

No Headlines