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Ozata Denizciliknayi ve Ticaret AS (IST:OZATD) Debt-to-EBITDA : 2.14 (As of Sep. 2024)


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What is Ozata Denizciliknayi ve Ticaret AS Debt-to-EBITDA?

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

Ozata Denizciliknayi ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₺709.7 Mil. Ozata Denizciliknayi ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ₺589.1 Mil. Ozata Denizciliknayi ve Ticaret AS's annualized EBITDA for the quarter that ended in Sep. 2024 was ₺607.7 Mil. Ozata Denizciliknayi ve Ticaret AS's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 2.14.

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 Ozata Denizciliknayi ve Ticaret AS's Debt-to-EBITDA or its related term are showing as below:

IST:OZATD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.17   Med: 1.63   Max: 6.28
Current: 6.28

During the past 3 years, the highest Debt-to-EBITDA Ratio of Ozata Denizciliknayi ve Ticaret AS was 6.28. The lowest was 1.17. And the median was 1.63.

IST:OZATD's Debt-to-EBITDA is ranked worse than
83.26% of 227 companies
in the Aerospace & Defense industry
Industry Median: 2.1 vs IST:OZATD: 6.28

Ozata Denizciliknayi ve Ticaret AS Debt-to-EBITDA Historical Data

The historical data trend for Ozata Denizciliknayi ve Ticaret 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.

Ozata Denizciliknayi ve Ticaret AS Debt-to-EBITDA Chart

Ozata Denizciliknayi ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
3.37 1.63 1.17

Ozata Denizciliknayi ve Ticaret AS Quarterly Data
Dec21 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial - - -1.74 1.27 2.14

Competitive Comparison of Ozata Denizciliknayi ve Ticaret AS's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Ozata Denizciliknayi ve Ticaret 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.


Ozata Denizciliknayi ve Ticaret AS's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Ozata Denizciliknayi ve Ticaret AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ozata Denizciliknayi ve Ticaret AS's Debt-to-EBITDA falls into.


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Ozata Denizciliknayi ve Ticaret AS Debt-to-EBITDA Calculation

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

Ozata Denizciliknayi ve Ticaret 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
=(470.446 + 694.205) / 998.349
=1.17

Ozata Denizciliknayi ve Ticaret AS's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(709.675 + 589.131) / 607.676
=2.14

* 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. 2024) EBITDA data.


Ozata Denizciliknayi ve Ticaret AS  (IST:OZATD) 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.


Ozata Denizciliknayi ve Ticaret AS Debt-to-EBITDA Related Terms

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


Ozata Denizciliknayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Kan Street no.34, Hersek Neighborhood Hakki, Altinova, Yalova, TUR, 77700
Ozata Denizcilik Sanayi ve Ticaret AS carries out its activities in its shipyard. The company is engaged in new construction, repair, and transformation of ships.

Ozata Denizciliknayi ve Ticaret AS Headlines

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