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Ovostar Union PCL (WAR:OVO) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Ovostar Union PCL Debt-to-EBITDA?

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

Ovostar Union PCL's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0.1 Mil. Ovostar Union PCL's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was zł0.0 Mil. Ovostar Union PCL's annualized EBITDA for the quarter that ended in Mar. 2024 was zł127.2 Mil. Ovostar Union PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Ovostar Union PCL's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ovostar Union PCL was 1.99. The lowest was -0.66. And the median was 0.49.

WAR:OVO's Debt-to-EBITDA is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 2.14
* Ranked among companies with meaningful Debt-to-EBITDA only.

Ovostar Union PCL Debt-to-EBITDA Historical Data

The historical data trend for Ovostar Union PCL'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.

Ovostar Union PCL Debt-to-EBITDA Chart

Ovostar Union PCL Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.66 1.51 1.99 1.00 0.04

Ovostar Union PCL Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.20 0.05 0.06 0.03 -

Competitive Comparison of Ovostar Union PCL's Debt-to-EBITDA

For the Farm Products subindustry, Ovostar Union PCL'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.


Ovostar Union PCL's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ovostar Union PCL's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ovostar Union PCL's Debt-to-EBITDA falls into.



Ovostar Union PCL Debt-to-EBITDA Calculation

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

Ovostar Union PCL's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.582 + 0) / 221.724
=0.04

Ovostar Union PCL's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.065 + 0) / 127.168
=0.00

* 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. 2024) EBITDA data.


Ovostar Union PCL  (WAR:OVO) 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.


Ovostar Union PCL Debt-to-EBITDA Related Terms

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


Ovostar Union PCL (WAR:OVO) Business Description

Traded in Other Exchanges
N/A
Address
22 Ierotheou Street, 4th floor, Strovolos, Nicosia, CYP, 2028
Ovostar Union PCL is a vertically integrated public holding company, manufacturer, and exporters of chicken eggs and egg products. ?It offers a range of packed shell eggs under the Yasenvit brand name and egg products under the Ovostar brand name. It includes egg albumen, egg powder, egg white, and egg yolk, among others, and is sold to companies, such as Nestle, Kraft Foods, and McDonald's, among others. Its segments are Egg, Oilseed operations and Egg Products.

Ovostar Union PCL (WAR:OVO) Headlines

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