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Doverie Obed Hl (XBUL:DUH) Debt-to-EBITDA : 2.32 (As of Jun. 2024)


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What is Doverie Obed Hl Debt-to-EBITDA?

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

Doverie Obed Hl's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was лв108.1 Mil. Doverie Obed Hl's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was лв148.5 Mil. Doverie Obed Hl's annualized EBITDA for the quarter that ended in Jun. 2024 was лв110.5 Mil. Doverie Obed Hl's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 2.32.

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 Doverie Obed Hl's Debt-to-EBITDA or its related term are showing as below:

XBUL:DUH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.37   Med: 2.9   Max: 8.21
Current: 2.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of Doverie Obed Hl was 8.21. The lowest was 1.37. And the median was 2.90.

XBUL:DUH's Debt-to-EBITDA is ranked better than
83.33% of 36 companies
in the Banks industry
Industry Median: 11.495 vs XBUL:DUH: 2.21

Doverie Obed Hl Debt-to-EBITDA Historical Data

The historical data trend for Doverie Obed Hl'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.

Doverie Obed Hl Debt-to-EBITDA Chart

Doverie Obed Hl 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 1.37 4.25 2.74 2.14 1.91

Doverie Obed Hl Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.81 1.87 2.80 2.15 2.32

Competitive Comparison of Doverie Obed Hl's Debt-to-EBITDA

For the Banks - Regional subindustry, Doverie Obed Hl'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.


Doverie Obed Hl's Debt-to-EBITDA Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Doverie Obed Hl's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Doverie Obed Hl's Debt-to-EBITDA falls into.



Doverie Obed Hl Debt-to-EBITDA Calculation

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

Doverie Obed Hl'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
=(104.213 + 158.772) / 137.429
=1.91

Doverie Obed Hl's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(108.067 + 148.499) / 110.52
=2.32

* 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 (Jun. 2024) EBITDA data.


Doverie Obed Hl  (XBUL:DUH) 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.


Doverie Obed Hl Debt-to-EBITDA Related Terms

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


Doverie Obed Hl Business Description

Traded in Other Exchanges
N/A
Address
5 Lachezar Stanchev Street, Building A, floor 7, Sopharma Business Towers, Sofia, BGR, 1756
Doverie Obed Hl is a holding company that unites companies which carry out their activities in the field of commercial banking, health care, wine making, residential building, household chemicals, purchase/sale of DIY goods, renting out real estate and movable property, and others. The company has the following operating segments Banking sector, Insurance sector, Trade in 'do it yourself' goods, Non-financial enterprises performing financial services, Medical services, Detergents & household chemicals, and Others The majority of revenue is from the Banking sector.

Doverie Obed Hl Headlines

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