Coka duvanska industrija a.d (XBEL:COKA) Debt-to-EBITDA : -4.60 (As of Dec. 2025)

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XBEL:COKA Coka duvanska industrija a.d XBEL:COKA
67 GF Score
Price RSD8,900.00
GF Value RSD8,788.85
! 8 Warning Signs
View Full Analysis

What is Coka duvanska industrija a.d Debt-to-EBITDA?

Coka duvanska industrija a.d XBEL:COKA 67 Debt-to-EBITDA is -4.60 as of Dec. 2025. GuruFocus rates XBEL:COKA with a GF Score™ of 67/100 and a GF Value™ of RSD8,788.85. The stock has 8 warning signs investors should review.

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

Coka duvanska industrija a.d's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was RSD71.1 Mil. Coka duvanska industrija a.d's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was RSD28.5 Mil. Coka duvanska industrija a.d's annualized EBITDA for the quarter that ended in Dec. 2025 was RSD-21.6 Mil. Coka duvanska industrija a.d's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -4.60.

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 Coka duvanska industrija a.d's Debt-to-EBITDA or its related term are showing as below:

XBEL:COKA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 1.76   Max: 10.48
Current: 10.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Coka duvanska industrija a.d was 10.48. The lowest was 0.04. And the median was 1.76.

XBEL:COKA's Debt-to-EBITDA is not ranked
in the Tobacco Products industry.
Industry Median: 0.875 vs XBEL:COKA: 10.48

Coka duvanska industrija a.d  (XBEL:COKA) 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.


Coka duvanska industrija a.d Debt-to-EBITDA Related Terms


Coka duvanska industrija a.d Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Coka duvanska industrija a.d'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.

Coka duvanska industrija a.d Debt-to-EBITDA Chart

Coka duvanska industrija a.d Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.90 0.35 0.14 0.00 10.48

Coka duvanska industrija a.d Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.31 0.04 0.00 1.44 -4.60

XBEL:COKA vs PM, MO, TPB: Debt-to-EBITDA Comparison

For the Tobacco subindustry, Coka duvanska industrija a.d'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.


Coka duvanska industrija a.d Debt-to-EBITDA vs Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Coka duvanska industrija a.d's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Coka duvanska industrija a.d's Debt-to-EBITDA falls into.


XBEL:COKA
67GF Score
Coka duvanska industrija a.d XBEL:COKA
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Coka duvanska industrija a.d Debt-to-EBITDA Calculation

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

Coka duvanska industrija a.d's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(71.129 + 28.513) / 9.509
=10.48

Coka duvanska industrija a.d's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(71.129 + 28.513) / -21.648
=-4.60

* 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 one times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -4.60 mean?
Coka duvanska industrija a.d (XBEL:COKA) has a Debt-to-EBITDA of -4.60 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Coka duvanska industrija a.d. Over the past decade, Coka duvanska industrija a.d's Debt-to-EBITDA has ranged from 0.04 to 10.48.
Is Coka duvanska industrija a.d's Debt-to-EBITDA too high?
Coka duvanska industrija a.d's current Debt-to-EBITDA is -4.60. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 10.48. Overall, Coka duvanska industrija a.d has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Coka duvanska industrija a.d's Debt-to-EBITDA compare to PM and MO?
Coka duvanska industrija a.d's Debt-to-EBITDA of -4.60 can be compared against companies in the Tobacco Products industry. The industry median Debt-to-EBITDA is 0.88. Historically, Coka duvanska industrija a.d's own Debt-to-EBITDA has ranged from 0.04 to 10.48 over the past decade. 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 Tobacco Products company?
The median Debt-to-EBITDA among Tobacco Products companies is 0.88, based on 32 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. 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 Coka duvanska industrija a.d. For the Tobacco Products industry, the median Debt-to-EBITDA is 0.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Coka duvanska industrija a.d's current Debt-to-EBITDA is -4.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Coka duvanska industrija a.d stock overvalued right now?
Coka duvanska industrija a.d (XBEL:COKA) has a current Debt-to-EBITDA of -4.60. The stock's GF Value™ is RSD8,788.85, compared to a current price of RSD8,900.00 — trading 1.3% above its estimated fair value. The current Debt-to-EBITDA is -4.60. Coka duvanska industrija a.d's overall GF Score™ is 67/100 with 8 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 Coka duvanska industrija a.d (XBEL:COKA), the current Debt-to-EBITDA is -4.60 as of Dec. 2025. 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.

Is Coka duvanska industrija a.d (XBEL:COKA) Overvalued in 2026?

Based on GuruFocus' analysis, Coka duvanska industrija a.d stock appears to be overvalued. The current stock price of RSD8,900.00 is trading 1.3% above its estimated GF Value™ of RSD8,788.85.

Key valuation signals for XBEL:COKA:

  • Debt-to-EBITDA: -4.60
  • GF Value™: RSD8,788.85 vs. price of RSD8,900.00 (1.3% above fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the XBEL:COKA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Coka duvanska industrija a.d Business Description

Address Proleterska 6, Coka, SRB
Coka duvanska industrija a.d is a Serbia based company. It is engaged in the production and processing of raw tobacco. it is also engaged in the wholesale and retail trade of tobacco products.
67GF Score

Get the complete analysis for XBEL:COKA

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RSD8,900.00
Price
RSD8,788.85
GF Value