Otto Holding AS (IST:OTTO) Debt-to-EBITDA : 1.93 (As of Sep. 2023)

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What is Otto Holding AS Debt-to-EBITDA?

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

Otto Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺32.0 Mil. Otto Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺0.9 Mil. Otto Holding AS's annualized EBITDA for the quarter that ended in Sep. 2023 was ₺17.0 Mil. Otto Holding AS's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.93.

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

IST:OTTO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.78 Med: 1.32 Max: 32.47
Current: 0.26

During the past 8 years, the highest Debt-to-EBITDA Ratio of Otto Holding AS was 32.47. The lowest was -5.78. And the median was 1.32.

IST:OTTO's Debt-to-EBITDA is ranked better than
73.7% of 365 companies
in the Asset Management industry
Industry Median: 1.27 vs IST:OTTO: 0.26

Otto Holding AS Debt-to-EBITDA Historical Data

The historical data trend for Otto 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.

Otto Holding AS Debt-to-EBITDA Chart

Otto Holding AS Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec20

Dec21

Dec22

Debt-to-EBITDA

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-3.89

2.60

32.47

-5.78

0.04

Otto Holding AS Quarterly Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															0.45	0.01	0.07	0.25	1.93

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

For the Asset Management subindustry, Otto 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.

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

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

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

Otto Holding AS Debt-to-EBITDA Calculation

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

Otto 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
	=	(1.148	+	1.838)	/	84.784
	=	0.04

Otto 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
	=	(31.997	+	0.856)	/	16.992
	=	1.93

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.

Otto Holding AS (IST:OTTO) 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.

Otto Holding AS Debt-to-EBITDA Related Terms

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

Otto Holding AS (IST:OTTO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Otto Holding AS (IST:OTTO) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Levent Neighbourhood Yosun St. No:8, Besiktas, Istanbul, TUR

Website

https://www.ottoholding.com.tr

Otto Holding AS is an investment company that brings traditional markets together with new-generation investments, It undertakes the responsibility of making investments that will benefit our shareholders while protecting the securities and transparency of the markets. The company transforms its experience in media, entertainment and other sectors into measurable financial values with technology-oriented investments in fields of activity such as artificial intelligence (AI), augmented reality (AR), financial technologies (Fintech), gaming (Gaming), and electric vehicles (Electrification).

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