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Marka Yatirim Holding AS (IST:MARKA) Debt-to-EBITDA : 2.89 (As of Jun. 2017)


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

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

Marka Yatirim Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was ₺4.10 Mil. Marka Yatirim Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was ₺2.61 Mil. Marka Yatirim Holding AS's annualized EBITDA for the quarter that ended in Jun. 2017 was ₺2.32 Mil. Marka Yatirim Holding AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2017 was 2.89.

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

IST:MARKA's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.3
* Ranked among companies with meaningful Debt-to-EBITDA only.

Marka Yatirim Holding AS Debt-to-EBITDA Historical Data

The historical data trend for Marka 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.

* Premium members only.

Marka Yatirim Holding AS Debt-to-EBITDA Chart

Marka Yatirim Holding AS Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only - 5.31 - - -1.89

Marka Yatirim Holding AS Quarterly Data
Dec09 Mar10 Dec10 Mar11 Sep11 Dec11 Sep12 Dec12 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Dec17
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 - - 0.50 2.89 N/A

Competitive Comparison of Marka Yatirim Holding AS's Debt-to-EBITDA

For the Asset Management subindustry, Marka 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.


Marka Yatirim Holding AS's Debt-to-EBITDA Distribution in the Asset Management Industry

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

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



Marka Yatirim Holding AS Debt-to-EBITDA Calculation

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

Marka Yatirim Holding AS's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.749 + 1.56) / -3.343
=-1.89

Marka Yatirim Holding AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4.095 + 2.606) / 2.316
=2.89

* 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 (Jun. 2017) EBITDA data.


Marka Yatirim Holding AS  (IST:MARKA) 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.


Marka Yatirim Holding AS Debt-to-EBITDA Related Terms

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


Marka Yatirim Holding AS (IST:MARKA) Business Description

Traded in Other Exchanges
N/A
Address
No. 211/64, Abide-i Hürriyet cad, Bolkan center A-B-C Bloklar, istanbul, TUR
Marka Yatirim Holding AS is an investment company. It invests & manages portfolio of capital market instruments traded on the domestic & international stock exchanges, gold and other precious metals.

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