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Maroc Telecom (XPAR:IAM) Debt-to-EBITDA : 0.81 (As of Jun. 2024)


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What is Maroc Telecom Debt-to-EBITDA?

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

Maroc Telecom's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €1,068 Mil. Maroc Telecom's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €388 Mil. Maroc Telecom's annualized EBITDA for the quarter that ended in Jun. 2024 was €1,804 Mil. Maroc Telecom's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.81.

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 Maroc Telecom's Debt-to-EBITDA or its related term are showing as below:

XPAR:IAM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.42   Med: 0.91   Max: 1.13
Current: 0.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of Maroc Telecom was 1.13. The lowest was 0.42. And the median was 0.91.

XPAR:IAM's Debt-to-EBITDA is ranked better than
76.73% of 318 companies
in the Telecommunication Services industry
Industry Median: 2.415 vs XPAR:IAM: 0.85

Maroc Telecom Debt-to-EBITDA Historical Data

The historical data trend for Maroc Telecom'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.

Maroc Telecom Debt-to-EBITDA Chart

Maroc Telecom 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 1.00 1.13 0.87 1.13 0.97

Maroc Telecom Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 0.78 1.34 0.90 1.02 0.81

Competitive Comparison of Maroc Telecom's Debt-to-EBITDA

For the Telecom Services subindustry, Maroc Telecom'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.


Maroc Telecom's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Maroc Telecom's Debt-to-EBITDA distribution charts can be found below:

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



Maroc Telecom Debt-to-EBITDA Calculation

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

Maroc Telecom'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
=(1248.731 + 394.5) / 1699.588
=0.97

Maroc Telecom'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
=(1068.048 + 388.458) / 1804.184
=0.81

* 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. 2024) EBITDA data.


Maroc Telecom  (XPAR:IAM) 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.


Maroc Telecom Debt-to-EBITDA Related Terms

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


Maroc Telecom Business Description

Traded in Other Exchanges
Address
Avenue Annakhil, Hay Riad, Rabat, MAR
Maroc Telecom SA telecommunications operator in the Kingdom of Morocco. The company provides a wide range of services covering Fixed-Line and Mobile communications, data transfer, and other value-added services. It operates in the Fixed-Line telephony, Mobile telephony and Internet segments. The Fixed-Line and Mobile operating segments are combined within the Services Division (DGS) and the Networks and Systems Division. The company derives majority revenues from Morocco.

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