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Sanica Isinayi AS (IST:SNICA) Debt-to-EBITDA : 0.92 (As of Jun. 2024)


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What is Sanica Isinayi AS Debt-to-EBITDA?

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

Sanica Isinayi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₺499 Mil. Sanica Isinayi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₺183 Mil. Sanica Isinayi AS's annualized EBITDA for the quarter that ended in Jun. 2024 was ₺745 Mil. Sanica Isinayi AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.92.

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

IST:SNICA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.78   Med: 1.73   Max: 3.58
Current: 0.98

During the past 5 years, the highest Debt-to-EBITDA Ratio of Sanica Isinayi AS was 3.58. The lowest was 0.78. And the median was 1.73.

IST:SNICA's Debt-to-EBITDA is not ranked
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.96 vs IST:SNICA: 0.98

Sanica Isinayi AS Debt-to-EBITDA Historical Data

The historical data trend for Sanica Isinayi 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.

Sanica Isinayi AS Debt-to-EBITDA Chart

Sanica Isinayi AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
1.14 1.73 3.58 2.14 0.78

Sanica Isinayi AS Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 5.22 0.45 0.77 0.92

Competitive Comparison of Sanica Isinayi AS's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Sanica Isinayi 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.


Sanica Isinayi AS's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Sanica Isinayi AS's Debt-to-EBITDA distribution charts can be found below:

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



Sanica Isinayi AS Debt-to-EBITDA Calculation

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

Sanica Isinayi 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
=(244.177 + 178.212) / 545.109
=0.77

Sanica Isinayi AS's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(499.115 + 182.983) / 745.024
=0.92

* 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 (Jun. 2024) EBITDA data.


Sanica Isinayi AS  (IST:SNICA) 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.


Sanica Isinayi AS Debt-to-EBITDA Related Terms

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


Sanica Isinayi AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Kavakl? Mah Istanbul Cad. No: 10, Istanbul, TUR, 34520
Sanica Isi Sanayi AS engages in manufacturing fabricated metal products, machinery electrical equipment, and transportation vehicles. It is a manufacturer of acrylic bathtubs and also produces bathrooms, spas, heat, plumbing, glass, and infrastructure. It offers electric housewares, acrylic bathtubs, boilers, panel radiators, and towel warmers.

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