Coca-Cola Hellenic Bottling Company S.A. (LSE:CCB) Debt-to-EBITDA : 6.57 (As of Mar. 2013)

View and export this data going back to . Start your Free Trial

What is Coca-Cola Hellenic Bottling Company S.A. Debt-to-EBITDA?

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

Coca-Cola Hellenic Bottling Company S.A.'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was €1,070 Mil. Coca-Cola Hellenic Bottling Company S.A.'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2013 was €1,104 Mil. Coca-Cola Hellenic Bottling Company S.A.'s annualized EBITDA for the quarter that ended in Mar. 2013 was €331 Mil. Coca-Cola Hellenic Bottling Company S.A.'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2013 was 6.57.

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 Coca-Cola Hellenic Bottling Company S.A.'s Debt-to-EBITDA or its related term are showing as below:

LSE:CCB's Debt-to-EBITDA is not ranked ^*
in the Beverages - Non-Alcoholic industry.
Industry Median: 0.87
* Ranked among companies with meaningful Debt-to-EBITDA only.

Coca-Cola Hellenic Bottling Company S.A. Debt-to-EBITDA Historical Data

The historical data trend for Coca-Cola Hellenic Bottling Company S.A.'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.

Coca-Cola Hellenic Bottling Company S.A. Debt-to-EBITDA Chart

Coca-Cola Hellenic Bottling Company S.A. Annual Data

Trend

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Debt-to-EBITDA

Get a 7-Day Free Trial

3.42

2.40

2.11

2.67

3.02

Coca-Cola Hellenic Bottling Company S.A. Quarterly Data
	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13
Debt-to-EBITDA	Get a 7-Day Free Trial															6.93	1.97	1.76	11.89	6.57

Competitive Comparison of Coca-Cola Hellenic Bottling Company S.A.'s Debt-to-EBITDA

For the Beverages - Non-Alcoholic subindustry, Coca-Cola Hellenic Bottling Company S.A.'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.

Coca-Cola Hellenic Bottling Company S.A.'s Debt-to-EBITDA Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Coca-Cola Hellenic Bottling Company S.A.'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Coca-Cola Hellenic Bottling Company S.A.'s Debt-to-EBITDA falls into.

Coca-Cola Hellenic Bottling Company S.A. Debt-to-EBITDA Calculation

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

Coca-Cola Hellenic Bottling Company S.A.'s Debt-to-EBITDA for the fiscal year that ended in Dec. 2012 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(555	+	1604.7)	/	716
	=	3.02

Coca-Cola Hellenic Bottling Company S.A.'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2013 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1070.1	+	1103.9)	/	330.8
	=	6.57

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. 2013) EBITDA data.

Coca-Cola Hellenic Bottling Company S.A. (LSE:CCB) 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.

Coca-Cola Hellenic Bottling Company S.A. Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Coca-Cola Hellenic Bottling Company S.A.'s Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Coca-Cola Hellenic Bottling Company S.A. (LSE:CCB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Non-Alcoholic » Coca-Cola Hellenic Bottling Company S.A. (LSE:CCB) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

Coca-Cola Hellenic Bottling Company S.A. was incorporated in Greece and founded in 1969. It took its current form in August 2000 through the acquisition of the Coca-Cola Beverages PLC by Hellenic Bottling Company S.A. The Company is headquartered in Athens. Its two major shareholders are the Kar-Tess Holding S.A., a private holding company, and The Coca-Cola Company. The Company and its subsidiaries are primarily engaged in the production, sales and distribution of non-alcoholic ready to drink beverages, under franchise from The Coca-Cola Company. The Company distributes its products in 27 countries in Europe and Nigeria. The Company has one business, being the production, sale and distribution of non-alcoholic, ready-to-drink beverages. The Company operates in 28 such as Austria, Cyprus, Greece, Italy, Northern Ireland, Republic of Ireland and Switzerland, Croatia, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Slovakia and Slovenia, Armenia, Belarus, Bosnia and Herzegovina, Bulgaria, FYROM, Moldova, Montenegro, Nigeria, Romania, Russia, Serbia and Ukraine. The Company is licensed to produce, sell and distribute a range of beverages. The Coca-Cola Company owns the trademarks for most of these. It supplies the concentrates and is largely responsible for consumer marketing. The Company's product portfolio consists of the world-leading brands Coca-Cola, Coca-Cola Light (diet Coke), Fanta and Sprite brands that it owns manufactures and distributes, including Amita, Avra, Deep RiverRock and Fruice brands licensed by other companies, such as Nestea and Monster. The Company produces, markets and sells its customers valuable brands, in addition to the 136 brands. In 2012, sparkling beverages of The Coca-Cola Company accounted for 62% of its sales volume, low calorie sparkling beverages accounted for 6%, while still and water beverages accounted for approximately 32% of its sales volume. With more than 30 water brands in its portfolio, it focuses on generating value through the 'on-the-go' or immediate consumption occasion.