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Reeder Teknolojinayi ve Ticaret AS (IST:REEDR) Debt-to-EBITDA : 2.61 (As of Mar. 2024)


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What is Reeder Teknolojinayi ve Ticaret AS Debt-to-EBITDA?

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

Reeder Teknolojinayi ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺989 Mil. Reeder Teknolojinayi ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺432 Mil. Reeder Teknolojinayi ve Ticaret AS's annualized EBITDA for the quarter that ended in Mar. 2024 was ₺545 Mil. Reeder Teknolojinayi ve Ticaret AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.61.

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

IST:REEDR's Debt-to-EBITDA is not ranked *
in the Hardware industry.
Industry Median: 1.74
* Ranked among companies with meaningful Debt-to-EBITDA only.

Reeder Teknolojinayi ve Ticaret AS Debt-to-EBITDA Historical Data

The historical data trend for Reeder Teknolojinayi 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.

Reeder Teknolojinayi ve Ticaret AS Debt-to-EBITDA Chart

Reeder Teknolojinayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
0.64 1.80 1.46

Reeder Teknolojinayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - 0.54 0.42 0.63 2.61

Competitive Comparison of Reeder Teknolojinayi ve Ticaret AS's Debt-to-EBITDA

For the Consumer Electronics subindustry, Reeder Teknolojinayi 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.


Reeder Teknolojinayi ve Ticaret AS's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Reeder Teknolojinayi ve Ticaret AS's Debt-to-EBITDA distribution charts can be found below:

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


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Reeder Teknolojinayi ve Ticaret AS Debt-to-EBITDA Calculation

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

Reeder Teknolojinayi ve Ticaret 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
=(847.625 + 158.493) / 689.737
=1.46

Reeder Teknolojinayi ve Ticaret AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(989.058 + 432.225) / 545.024
=2.61

* 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 (Mar. 2024) EBITDA data.


Reeder Teknolojinayi ve Ticaret AS  (IST:REEDR) 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.


Reeder Teknolojinayi ve Ticaret AS Debt-to-EBITDA Related Terms

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


Reeder Teknolojinayi ve Ticaret AS Business Description

Traded in Other Exchanges
N/A
Address
Incesu Mah., S?r?ncak Caddesi No:100, Atakum District, Samsun, TUR
Reeder Teknoloji Sanayi ve Ticaret AS is a company engaged in producing electronic products which are smart mobile phones, robot vacuum cleaner, smart watches, smart television and tablet. The company generates revenue by sales of mobile phones, tablets, robot vacuum cleaners, smart watches and accessories.

Reeder Teknolojinayi ve Ticaret AS Headlines

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