GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Marshall Boya VE Vernik Sanayii AS (IST:MRSHL) » Definitions » Debt-to-EBITDA

Marshall Boya VE Verniknayii AS (IST:MRSHL) Debt-to-EBITDA : 1.19 (As of Dec. 2023)


View and export this data going back to 1990. Start your Free Trial

What is Marshall Boya VE Verniknayii AS Debt-to-EBITDA?

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

Marshall Boya VE Verniknayii AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺367 Mil. Marshall Boya VE Verniknayii AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺0 Mil. Marshall Boya VE Verniknayii AS's annualized EBITDA for the quarter that ended in Dec. 2023 was ₺309 Mil. Marshall Boya VE Verniknayii AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.19.

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 Marshall Boya VE Verniknayii AS's Debt-to-EBITDA or its related term are showing as below:

IST:MRSHL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.27   Med: 1.27   Max: 33
Current: 1.19

During the past 12 years, the highest Debt-to-EBITDA Ratio of Marshall Boya VE Verniknayii AS was 33.00. The lowest was -16.27. And the median was 1.27.

IST:MRSHL's Debt-to-EBITDA is ranked better than
67.46% of 1214 companies
in the Chemicals industry
Industry Median: 2.32 vs IST:MRSHL: 1.19

Marshall Boya VE Verniknayii AS Debt-to-EBITDA Historical Data

The historical data trend for Marshall Boya VE Verniknayii 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.

Marshall Boya VE Verniknayii AS Debt-to-EBITDA Chart

Marshall Boya VE Verniknayii AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.61 -16.27 1.27 1.19

Marshall Boya VE Verniknayii AS Semi-Annual Data
Dec09 Dec10 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.50 1.61 -16.27 1.27 1.19

Competitive Comparison of Marshall Boya VE Verniknayii AS's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Marshall Boya VE Verniknayii 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.


Marshall Boya VE Verniknayii AS's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Marshall Boya VE Verniknayii AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Marshall Boya VE Verniknayii AS's Debt-to-EBITDA falls into.



Marshall Boya VE Verniknayii AS Debt-to-EBITDA Calculation

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

Marshall Boya VE Verniknayii 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
=(367.075 + 0.078) / 309.183
=1.19

Marshall Boya VE Verniknayii AS'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
=(367.075 + 0.078) / 309.183
=1.19

* 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 one times the quarterly (Dec. 2023) EBITDA data.


Marshall Boya VE Verniknayii AS  (IST:MRSHL) 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.


Marshall Boya VE Verniknayii AS Debt-to-EBITDA Related Terms

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


Marshall Boya VE Verniknayii AS (IST:MRSHL) Business Description

Traded in Other Exchanges
N/A
Address
Dilovasi Organize San. Bolgesi, 1.Kisim Tuna Caddesi No:1, Dilovasi, Gebze, Kocaeli, TUR, 41455
Marshall Boya VE Vernik Sanayii AS is a Turkey-based company involved in manufacturing paints, coatings, and specialty chemicals. The variety of paints provided by the company includes Panel Door Paint, Fit Silicone, Fit Plastic, Antibacterial Hygiene and Silicone Silk Mat Tinted among others.

Marshall Boya VE Verniknayii AS (IST:MRSHL) Headlines

No Headlines