Kervansaray Yatirim Holding AS (IST:KERVN) Debt-to-EBITDA : -10.64 (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:KERVN Kervansaray Yatirim Holding AS IST:KERVN
14 GF Score
Price ₺11.00
View Full Analysis

What is Kervansaray Yatirim Holding AS Debt-to-EBITDA?

Kervansaray Yatirim Holding AS IST:KERVN -0.90% 14 Debt-to-EBITDA is -10.64 as of Sep. 2023. GuruFocus rates IST:KERVN with a GF Score™ of 14/100.

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

Kervansaray Yatirim Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺3,292.61 Mil. Kervansaray Yatirim Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺74.95 Mil. Kervansaray Yatirim Holding AS's annualized EBITDA for the quarter that ended in Sep. 2023 was ₺-316.49 Mil. Kervansaray Yatirim Holding AS's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -10.64.

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 Kervansaray Yatirim Holding AS's Debt-to-EBITDA or its related term are showing as below:

IST:KERVN's Debt-to-EBITDA is not ranked *
in the Manufacturing - Apparel & Accessories industry.
Industry Median: 2.665
* Ranked among companies with meaningful Debt-to-EBITDA only.

Kervansaray Yatirim Holding AS  (IST:KERVN) 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.

Kervansaray Yatirim Holding AS Debt-to-EBITDA Related Terms

Kervansaray Yatirim Holding AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Kervansaray Yatirim Holding 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.

Kervansaray Yatirim Holding AS Debt-to-EBITDA Chart

Kervansaray Yatirim Holding AS Annual Data
Trend Dec12 Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.22 -10.74 -4.83 -49.61 6.25

Kervansaray Yatirim Holding AS Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -40.43 0.65 -5.60 -0.91 -10.64

IST:KERVN vs AIN: Debt-to-EBITDA Comparison

For the Textile Manufacturing subindustry, Kervansaray Yatirim Holding 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.

Kervansaray Yatirim Holding AS Debt-to-EBITDA vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kervansaray Yatirim Holding AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kervansaray Yatirim Holding AS's Debt-to-EBITDA falls into.


IST:KERVN
14GF Score
Kervansaray Yatirim Holding AS IST:KERVN
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kervansaray Yatirim Holding AS Debt-to-EBITDA Calculation

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

Kervansaray Yatirim Holding AS's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2316.046 + 53.56) / 379.064
=6.25

Kervansaray Yatirim Holding AS's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3292.609 + 74.945) / -316.492
=-10.64

* 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 (Sep. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -10.64 mean?
Kervansaray Yatirim Holding AS (IST:KERVN) has a Debt-to-EBITDA of -10.64 as of Sep. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kervansaray Yatirim Holding AS.
Is Kervansaray Yatirim Holding AS's Debt-to-EBITDA too high?
Kervansaray Yatirim Holding AS's current Debt-to-EBITDA is -10.64. Overall, Kervansaray Yatirim Holding AS has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Kervansaray Yatirim Holding AS's Debt-to-EBITDA compare to AIN?
Kervansaray Yatirim Holding AS's Debt-to-EBITDA of -10.64 can be compared against companies in the Manufacturing - Apparel & Accessories industry. The industry median Debt-to-EBITDA is 2.67. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Manufacturing - Apparel & Accessories company?
The median Debt-to-EBITDA among Manufacturing - Apparel & Accessories companies is 2.67, based on 820 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Kervansaray Yatirim Holding AS. For the Manufacturing - Apparel & Accessories industry, the median Debt-to-EBITDA is 2.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kervansaray Yatirim Holding AS's current Debt-to-EBITDA is -10.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kervansaray Yatirim Holding AS stock overvalued right now?
Kervansaray Yatirim Holding AS (IST:KERVN) has a current Debt-to-EBITDA of -10.64. The current Debt-to-EBITDA is -10.64. Kervansaray Yatirim Holding AS's overall GF Score™ is 14/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Kervansaray Yatirim Holding AS (IST:KERVN), the current Debt-to-EBITDA is -10.64 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Kervansaray Yatirim Holding AS Business Description

Address Fulya Mahallesi, Yesilcimen Sokak, No:12, Polat Tower, Kat:6, D:65, Sisli, Istanbul, TUR
Kervansaray Yatirim Holding AS is a manufacturer of ready-to-wear garments for men and women, such as graphic T-shirts, polo shirts & sweaters, as well as baby and children's clothing & cotton knitted outerwear.
14GF Score

Get the complete analysis for IST:KERVN

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺11.00
Price