Territorial Generating Co No 1 PJSC (MIC:TGKA) Debt-to-EBITDA : 2.02 (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Territorial Generating Co No 1 PJSC Debt-to-EBITDA?

Territorial Generating Co No 1 PJSC MIC:TGKA -3.16% Debt-to-EBITDA is 2.02 as of Sep. 2023.

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

Territorial Generating Co No 1 PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₽8,871 Mil. Territorial Generating Co No 1 PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₽9,655 Mil. Territorial Generating Co No 1 PJSC's annualized EBITDA for the quarter that ended in Sep. 2023 was ₽9,180 Mil. Territorial Generating Co No 1 PJSC's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.02.

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 Territorial Generating Co No 1 PJSC's Debt-to-EBITDA or its related term are showing as below:

MIC:TGKA's Debt-to-EBITDA is not ranked *
in the Utilities - Regulated industry.
Industry Median: 4.01
* Ranked among companies with meaningful Debt-to-EBITDA only.

Territorial Generating Co No 1 PJSC  (MIC:TGKA) 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.


Territorial Generating Co No 1 PJSC Debt-to-EBITDA Related Terms


Territorial Generating Co No 1 PJSC Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Territorial Generating Co No 1 PJSC'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.

Territorial Generating Co No 1 PJSC Debt-to-EBITDA Chart

Territorial Generating Co No 1 PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.19 0.89 1.19 1.10 1.06

Territorial Generating Co No 1 PJSC Quarterly Data
Jun17 Dec17 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Jun23 Sep23
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 0.49 0.00 0.00 1.17 2.02

MIC:TGKA vs NEE, SO, DUK: Debt-to-EBITDA Comparison

For the Utilities - Regulated Electric subindustry, Territorial Generating Co No 1 PJSC'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.


Territorial Generating Co No 1 PJSC Debt-to-EBITDA vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Territorial Generating Co No 1 PJSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Territorial Generating Co No 1 PJSC's Debt-to-EBITDA falls into.



Territorial Generating Co No 1 PJSC Debt-to-EBITDA Calculation

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

Territorial Generating Co No 1 PJSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6122 + 17002) / 21796
=1.06

Territorial Generating Co No 1 PJSC's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8871 + 9655) / 9180
=2.02

* 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 (Sep. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 2.02 mean?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a Debt-to-EBITDA of 2.02 as of Sep. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Territorial Generating Co No 1 PJSC.
Is Territorial Generating Co No 1 PJSC's Debt-to-EBITDA too high?
Territorial Generating Co No 1 PJSC's current Debt-to-EBITDA is 2.02. The Utilities - Regulated industry median Debt-to-EBITDA is 4.01. Territorial Generating Co No 1 PJSC's value of 2.02 is 49.6% below this industry median.
How does Territorial Generating Co No 1 PJSC's Debt-to-EBITDA compare to NEE and SO?
Territorial Generating Co No 1 PJSC's Debt-to-EBITDA of 2.02 can be compared against companies in the Utilities - Regulated industry. The industry median Debt-to-EBITDA is 4.01. Territorial Generating Co No 1 PJSC's value of 2.02 is 49.6% below this benchmark. 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 an Utilities - Regulated company?
The median Debt-to-EBITDA among Utilities - Regulated companies is 4.01, based on 449 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. Territorial Generating Co No 1 PJSC's current Debt-to-EBITDA of 2.02 is 49.6% below 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 Territorial Generating Co No 1 PJSC. For the Utilities - Regulated industry, the median Debt-to-EBITDA is 4.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Territorial Generating Co No 1 PJSC's current Debt-to-EBITDA is 2.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Territorial Generating Co No 1 PJSC stock overvalued right now?
Territorial Generating Co No 1 PJSC (MIC:TGKA) has a current Debt-to-EBITDA of 2.02. The current Debt-to-EBITDA is 2.02 and 49.6% below the Utilities - Regulated industry median of 4.01. 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 Territorial Generating Co No 1 PJSC (MIC:TGKA), the current Debt-to-EBITDA is 2.02 as of Sep. 2023. 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.

Territorial Generating Co No 1 PJSC Business Description

Address 16 Dobrolyubova Prospect, 2A Building, Litera A, Arena Hall Business Centre, Saint Petersburg, RUS, 197198
Territorial Generating Co No 1 PJSC is involved in the production of electricity and heat in the North-West region of Russia. It operates approximately 52 electric generating stations in four regions of Russia: St. Petersburg, Republic of Karelia, Leningrad Oblast, and Murmansk Oblast. The company's operating segment includes TPP of Nevsky branch, HPS of Nevsky branch. Heating Grid, Kolsky branch, Karelsky branch and Murmanskaya TPP. It generates maximum revenue from the TPP of Nevsky branch.