KDM Shipping (WAR:KDM) Debt-to-EBITDA : 0.02 (As of Jun. 2018)

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 KDM Shipping Debt-to-EBITDA?

KDM Shipping WAR:KDM Debt-to-EBITDA is 0.02 as of Jun. 2018.

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

KDM Shipping's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was zł0.5 Mil. KDM Shipping's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2018 was zł0.0 Mil. KDM Shipping's annualized EBITDA for the quarter that ended in Jun. 2018 was zł24.9 Mil. KDM Shipping's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 was 0.02.

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 KDM Shipping's Debt-to-EBITDA or its related term are showing as below:

WAR:KDM's Debt-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 2.64
* Ranked among companies with meaningful Debt-to-EBITDA only.

KDM Shipping  (WAR:KDM) 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.


KDM Shipping Debt-to-EBITDA Related Terms


KDM Shipping Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for KDM Shipping'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.

KDM Shipping Debt-to-EBITDA Chart

KDM Shipping Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Debt-to-EBITDA
Get a 7-Day Free Trial 0.51 2.79 -1.12 -3.90 10.87

KDM Shipping Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 -1.16 2.85 0.49 -0.56 0.02

WAR:KDM vs ESEA, GLBS, SHIP: Debt-to-EBITDA Comparison

For the Marine Shipping subindustry, KDM Shipping'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.


KDM Shipping Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, KDM Shipping's Debt-to-EBITDA distribution charts can be found below:

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



KDM Shipping Debt-to-EBITDA Calculation

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

KDM Shipping's Debt-to-EBITDA for the fiscal year that ended in Dec. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.334 + 0) / 0.767
=10.87

KDM Shipping's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2018 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.452 + 0) / 24.906
=0.02

* 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 two times the quarterly (Jun. 2018) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.02 mean?
KDM Shipping (WAR:KDM) has a Debt-to-EBITDA of 0.02 as of Jun. 2018. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on KDM Shipping.
Is KDM Shipping's Debt-to-EBITDA too high?
KDM Shipping's current Debt-to-EBITDA is 0.02. The Transportation industry median Debt-to-EBITDA is 2.64. KDM Shipping's value of 0.02 is 99.2% below this industry median.
How does KDM Shipping's Debt-to-EBITDA compare to ESEA and GLBS?
KDM Shipping's Debt-to-EBITDA of 0.02 can be compared against companies in the Transportation industry. The industry median Debt-to-EBITDA is 2.64. KDM Shipping's value of 0.02 is 99.2% 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 a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.64, 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. KDM Shipping's current Debt-to-EBITDA of 0.02 is 99.2% 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 KDM Shipping. For the Transportation industry, the median Debt-to-EBITDA is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. KDM Shipping's current Debt-to-EBITDA is 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KDM Shipping stock overvalued right now?
KDM Shipping (WAR:KDM) has a current Debt-to-EBITDA of 0.02. The current Debt-to-EBITDA is 0.02 and 99.2% below the Transportation industry median of 2.64. 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 KDM Shipping (WAR:KDM), the current Debt-to-EBITDA is 0.02 as of Jun. 2018. 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.

KDM Shipping Business Description

Address 3 Michael Koutsofta Street, Limassol, CYP, 3031
KDM Shipping PLC is engaged in the shipping industry. It mainly focuses on the bulk river-sea freight in the Black, Azov and Mediterranean Sea regions. In addition, it is engaged in cargo freight, ship repair, and trading in grain, corn, oil and barley. The principal cargo of the company includes Grain, Metal Scrap, Sunflower seed meal, Bran, Fertilizers, and Cement.