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Metair Investments (JSE:MTA) Debt-to-EBITDA : 4.70 (As of Dec. 2024)


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What is Metair Investments Debt-to-EBITDA?

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

Metair Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was R3,643 Mil. Metair Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was R257 Mil. Metair Investments's annualized EBITDA for the quarter that ended in Dec. 2024 was R830 Mil. Metair Investments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 4.70.

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 Metair Investments's Debt-to-EBITDA or its related term are showing as below:

JSE:MTA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.52   Med: 2.11   Max: 4.41
Current: 3.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of Metair Investments was 4.41. The lowest was 1.52. And the median was 2.11.

JSE:MTA's Debt-to-EBITDA is ranked worse than
62.7% of 1067 companies
in the Vehicles & Parts industry
Industry Median: 2.37 vs JSE:MTA: 3.38

Metair Investments Debt-to-EBITDA Historical Data

The historical data trend for Metair Investments'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.

Metair Investments Debt-to-EBITDA Chart

Metair Investments Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 1.76 4.10 4.41 3.38

Metair Investments Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.88 2.78 14.33 3.02 4.70

Competitive Comparison of Metair Investments's Debt-to-EBITDA

For the Auto Parts subindustry, Metair Investments'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.


Metair Investments's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Metair Investments's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Metair Investments's Debt-to-EBITDA falls into.


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Metair Investments Debt-to-EBITDA Calculation

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

Metair Investments's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3643.265 + 257.357) / 1155.65
=3.38

Metair Investments's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3643.265 + 257.357) / 830.014
=4.70

* 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 two times the quarterly (Dec. 2024) EBITDA data.


Metair Investments  (JSE:MTA) 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.


Metair Investments Debt-to-EBITDA Related Terms

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


Metair Investments Business Description

Traded in Other Exchanges
Address
114 Oxford Road, Suite 7, Oxford and Glenhove Building, Houghton Estate, Johannesburg, GT, ZAF, 2198
Metair Investments Ltd manufactures energy storage products and automotive components. The energy storage division manufactures batteries for use in automotive applications and the telecoms, utility, mining, retail, and materials sectors. The automotive components division produces original equipment (OE) components used in the assembly of new vehicles, as well as spare parts and other products used in the automotive aftermarket. Some of its automotive component products are e brake pads, shock absorbers, lights, radiators, and air-conditioners. Its geographical segments are South Africa, Turkey & the United Kingdom, and Romania.