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Air Astana JSCLSE:AIRA +1.75%46 Debt-to-EBITDA is 4.92 as of Mar. 2026, which is 66% above its 10-year median of 2.97. GuruFocus rates LSE:AIRA with a GF Score™ of 46/100. The stock has 7 warning signs investors should review. Among 870 Transportation companies, Air Astana JSC ranks worse than 54.71% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Air Astana JSC's Debt-to-EBITDA or its related term are showing as below:
LSE:AIRA'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.41 Med: 2.97 Max: 45.38
Current: 2.94
During the past 6 years, the highest Debt-to-EBITDA Ratio of Air Astana JSC was 45.38. The lowest was 2.41. And the median was 2.97.
LSE:AIRA's Debt-to-EBITDA is ranked worse than 54.71% of 870
companies
in the Transportation industry
Industry Median: 2.645
vs LSE:AIRA: 2.94
Air Astana JSC (LSE:AIRA) Debt-to-EBITDA Explanation
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.
Air Astana JSC Debt-to-EBITDA Related Terms
Air Astana JSC Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Air Astana JSC'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.
LSE:AIRA vs DAL, UAL, LUV: Debt-to-EBITDA Comparison
For the Airlines subindustry, Air Astana JSC'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.
Air Astana JSC Debt-to-EBITDA vs Transportation Industry
For the Transportation industry and Industrials sector, Air Astana JSC's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Air Astana JSC's Debt-to-EBITDA falls into.
* 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. 2026) EBITDA data.
Air Astana JSC (LSE:AIRA) has a Debt-to-EBITDA of 4.92 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Air Astana JSC. This is 66% above median its historical median of 2.97. Over the past decade, Air Astana JSC's Debt-to-EBITDA has ranged from 2.41 to 45.38. According to the industry distribution chart, Air Astana JSC ranks #476 out of 870 companies in the Transportation industry, placing it in the top 54.7%.
Is Air Astana JSC's Debt-to-EBITDA too high?
Air Astana JSC's current Debt-to-EBITDA of 4.92 is 66% above median its 10-year median of 2.97. Over the past 10 years, this metric has ranged from a low of 2.41 to a high of 45.38. The Transportation industry median Debt-to-EBITDA is 2.65. Air Astana JSC's value of 4.92 is 86% above this industry median. Based on the distribution chart, Air Astana JSC ranks #476 out of 870 companies in the Transportation industry, which is below the industry midpoint. Overall, Air Astana JSC has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Air Astana JSC's Debt-to-EBITDA compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Astana JSC ranks #476 out of 870 companies for Debt-to-EBITDA. This places Air Astana JSC in the lower half of its industry. The industry median Debt-to-EBITDA is 2.65. Air Astana JSC's value of 4.92 is 86% above this benchmark. Historically, Air Astana JSC's own Debt-to-EBITDA has ranged from 2.41 to 45.38 over the past decade. While the company's 10-year median is 2.97 vs. the industry median of 2.65, Air Astana JSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.65, based on 870 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Air Astana JSC's current Debt-to-EBITDA of 4.92 is 86% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Air Astana JSC. For the Transportation industry, the median Debt-to-EBITDA is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Astana JSC's current Debt-to-EBITDA is 4.92, which is 66% above median its own 10-year median of 2.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Astana JSC stock overvalued right now?
Air Astana JSC (LSE:AIRA) has a current Debt-to-EBITDA of 4.92. The current Debt-to-EBITDA is 4.92, which is 66% above median its 10-year median of 2.97 and 86% above the Transportation industry median of 2.65. Air Astana JSC's overall GF Score™ is 46/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Air Astana JSC (LSE:AIRA), the current Debt-to-EBITDA is 4.92 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Air Astana JSC is an airline company engaged in providing scheduled and charter, point-to-point and transit, short-haul and long-haul passenger air transportation and cargo services on domestic, regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East, and Asia (including India and China). The group has two reportable segments. The Air Astana segment operates as a full-service airline brand providing domestic and international passenger and cargo transportation services. The FlyArystan segment operates as a low-cost airline brand providing scheduled short-haul and medium-haul passenger air transportation services across Kazakhstan and neighboring regions, including the Caucasus, Central Asia, Turkey, and the Middle East.
46GF Score
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