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Tatlipinar Enerji Uretim AS (IST:TATEN) Debt-to-EBITDA : 2.70 (As of Dec. 2022)


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What is Tatlipinar Enerji Uretim AS Debt-to-EBITDA?

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

Tatlipinar Enerji Uretim AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₺127.5 Mil. Tatlipinar Enerji Uretim AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ₺1,411.8 Mil. Tatlipinar Enerji Uretim AS's annualized EBITDA for the quarter that ended in Dec. 2022 was ₺570.1 Mil. Tatlipinar Enerji Uretim AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 2.70.

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 Tatlipinar Enerji Uretim AS's Debt-to-EBITDA or its related term are showing as below:

IST:TATEN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.7   Med: 5.03   Max: 147.42
Current: 2.7

During the past 3 years, the highest Debt-to-EBITDA Ratio of Tatlipinar Enerji Uretim AS was 147.42. The lowest was 2.70. And the median was 5.03.

IST:TATEN's Debt-to-EBITDA is ranked better than
69.6% of 329 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.41 vs IST:TATEN: 2.70

Tatlipinar Enerji Uretim AS Debt-to-EBITDA Historical Data

The historical data trend for Tatlipinar Enerji Uretim 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.

Tatlipinar Enerji Uretim AS Debt-to-EBITDA Chart

Tatlipinar Enerji Uretim AS Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
147.42 5.03 2.70

Tatlipinar Enerji Uretim AS Semi-Annual Data
Dec20 Dec21 Dec22
Debt-to-EBITDA 147.42 5.03 2.70

Competitive Comparison of Tatlipinar Enerji Uretim AS's Debt-to-EBITDA

For the Utilities - Renewable subindustry, Tatlipinar Enerji Uretim 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.


Tatlipinar Enerji Uretim AS's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Tatlipinar Enerji Uretim AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tatlipinar Enerji Uretim AS's Debt-to-EBITDA falls into.



Tatlipinar Enerji Uretim AS Debt-to-EBITDA Calculation

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

Tatlipinar Enerji Uretim 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
=(127.528 + 1411.779) / 570.065
=2.70

Tatlipinar Enerji Uretim AS's annualized Debt-to-EBITDA for the quarter 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
=(127.528 + 1411.779) / 570.065
=2.70

* 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 one times the quarterly (Dec. 2022) EBITDA data.


Tatlipinar Enerji Uretim AS  (IST:TATEN) 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.


Tatlipinar Enerji Uretim AS Debt-to-EBITDA Related Terms

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


Tatlipinar Enerji Uretim AS (IST:TATEN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Barbaros Mah. Ihlamur Bulvari, No:4B D:1 Ata?ehir, Istanbul, TUR
Tatlipinar Enerji Uretim AS is an Turkey based renewable energy producing corporation which aims in reducing foreign dependency in energy by using domestic and clean energy resources in the most efficient way.

Tatlipinar Enerji Uretim AS (IST:TATEN) Headlines

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