Net Holding AS (IST:NTHOL) Debt-to-EBITDA : 0.05 (As of Dec. 2023)

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What is Net Holding AS Debt-to-EBITDA?

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

Net Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺89 Mil. Net Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺1,237 Mil. Net Holding AS's annualized EBITDA for the quarter that ended in Dec. 2023 was ₺25,912 Mil. Net Holding AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.05.

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

IST:NTHOL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.28 Med: 0.36 Max: 7.49
Current: 0.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Net Holding AS was 7.49. The lowest was -1.28. And the median was 0.36.

IST:NTHOL's Debt-to-EBITDA is ranked better than
91.07% of 627 companies
in the Travel & Leisure industry
Industry Median: 2.81 vs IST:NTHOL: 0.18

Net Holding AS Debt-to-EBITDA Historical Data

The historical data trend for Net 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.

Net Holding AS Debt-to-EBITDA Chart

Net Holding AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.58

-1.28

0.17

0.13

0.18

Net Holding AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															0.04	1.65	-0.25	0.05	0.05

Competitive Comparison of Net Holding AS's Debt-to-EBITDA

For the Travel Services subindustry, Net 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.

Net Holding AS's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Net Holding AS's Debt-to-EBITDA distribution charts can be found below:

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

Net Holding AS Debt-to-EBITDA Calculation

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

Net Holding 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
	=	(89.13	+	1237.122)	/	7351.682
	=	0.18

Net Holding 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
	=	(89.13	+	1237.122)	/	25912.272
	=	0.05

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 (Dec. 2023) EBITDA data.

Net Holding AS (IST:NTHOL) 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.

Net Holding AS Debt-to-EBITDA Related Terms

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

Net Holding AS (IST:NTHOL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Net Holding AS (IST:NTHOL) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Bade sokak. No. 9, Besiktas Etiler, Istanbul, TUR, 34337

Website

https://www.netholding.com

Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.

Net Holding AS (IST:NTHOL) Headlines

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