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Kizilbuk Gayrimenkul Yatrim Ortakligi AS (IST:KZBGY) Debt-to-EBITDA : -0.23 (As of Sep. 2023)


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What is Kizilbuk Gayrimenkul Yatrim Ortakligi AS Debt-to-EBITDA?

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

Kizilbuk Gayrimenkul Yatrim Ortakligi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺48.85 Mil. Kizilbuk Gayrimenkul Yatrim Ortakligi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺0.00 Mil. Kizilbuk Gayrimenkul Yatrim Ortakligi AS's annualized EBITDA for the quarter that ended in Sep. 2023 was ₺-215.99 Mil. Kizilbuk Gayrimenkul Yatrim Ortakligi AS's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.23.

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 Kizilbuk Gayrimenkul Yatrim Ortakligi AS's Debt-to-EBITDA or its related term are showing as below:

IST:KZBGY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.02
Current: 0.02

During the past 2 years, the highest Debt-to-EBITDA Ratio of Kizilbuk Gayrimenkul Yatrim Ortakligi AS was 0.02. The lowest was 0.01. And the median was 0.01.

IST:KZBGY's Debt-to-EBITDA is ranked better than
99.02% of 508 companies
in the REITs industry
Industry Median: 7.22 vs IST:KZBGY: 0.02

Kizilbuk Gayrimenkul Yatrim Ortakligi AS Debt-to-EBITDA Historical Data

The historical data trend for Kizilbuk Gayrimenkul Yatrim Ortakligi 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.

Kizilbuk Gayrimenkul Yatrim Ortakligi AS Debt-to-EBITDA Chart

Kizilbuk Gayrimenkul Yatrim Ortakligi AS Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
N/A 0.01

Kizilbuk Gayrimenkul Yatrim Ortakligi AS Quarterly Data
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 -0.58 - 3.99 0.51 -0.23

Competitive Comparison of Kizilbuk Gayrimenkul Yatrim Ortakligi AS's Debt-to-EBITDA

For the REIT - Hotel & Motel subindustry, Kizilbuk Gayrimenkul Yatrim Ortakligi 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.


Kizilbuk Gayrimenkul Yatrim Ortakligi AS's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Kizilbuk Gayrimenkul Yatrim Ortakligi AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kizilbuk Gayrimenkul Yatrim Ortakligi AS's Debt-to-EBITDA falls into.



Kizilbuk Gayrimenkul Yatrim Ortakligi AS Debt-to-EBITDA Calculation

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

Kizilbuk Gayrimenkul Yatrim Ortakligi 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
=(42.326 + 1.083) / 3239.525
=0.01

Kizilbuk Gayrimenkul Yatrim Ortakligi 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
=(48.854 + 0) / -215.992
=-0.23

* 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.


Kizilbuk Gayrimenkul Yatrim Ortakligi AS  (IST:KZBGY) 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.


Kizilbuk Gayrimenkul Yatrim Ortakligi AS Debt-to-EBITDA Related Terms

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


Kizilbuk Gayrimenkul Yatrim Ortakligi AS (IST:KZBGY) Business Description

Traded in Other Exchanges
N/A
Address
Barbaros Bulvari, Sinpas Plaza, Yenidogan Sok. No: 36/1 34349, Besiktas, Istanbul, TUR
Kizilbuk Gayrimenkul Yatrim Ortakligi AS is a real estate investment trust in Turkey. Its portfolio consist of Sinpas Kizilbuk Thermal Wellness Resort.

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