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Grenke AG (XTER:GLJ) Debt-to-EBITDA : 30.85 (As of Dec. 2024)


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What is Grenke AG Debt-to-EBITDA?

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

Grenke AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €1,691.5 Mil. Grenke AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €2,628.7 Mil. Grenke AG's annualized EBITDA for the quarter that ended in Dec. 2024 was €140.0 Mil. Grenke AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 30.85.

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 Grenke AG's Debt-to-EBITDA or its related term are showing as below:

XTER:GLJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.24   Med: 24.77   Max: 28.3
Current: 28.14

During the past 13 years, the highest Debt-to-EBITDA Ratio of Grenke AG was 28.30. The lowest was 0.24. And the median was 24.77.

XTER:GLJ's Debt-to-EBITDA is ranked worse than
84.93% of 272 companies
in the Credit Services industry
Industry Median: 8.475 vs XTER:GLJ: 28.14

Grenke AG Debt-to-EBITDA Historical Data

The historical data trend for Grenke AG'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.

Grenke AG Debt-to-EBITDA Chart

Grenke AG Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.85 22.39 25.14 28.30 28.14

Grenke AG Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 56.50 24.92 21.41 33.50 30.85

Competitive Comparison of Grenke AG's Debt-to-EBITDA

For the Credit Services subindustry, Grenke AG'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.


Grenke AG's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Grenke AG's Debt-to-EBITDA distribution charts can be found below:

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


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Grenke AG Debt-to-EBITDA Calculation

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

Grenke AG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1691.454 + 2628.655) / 153.511
=28.14

Grenke AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1691.454 + 2628.655) / 140.016
=30.85

* 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 (Dec. 2024) EBITDA data.


Grenke AG  (XTER:GLJ) 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.


Grenke AG Debt-to-EBITDA Related Terms

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


Grenke AG Business Description

Traded in Other Exchanges
Address
Neuer Markt 2, Baden-Baden, DEU, 76532
Grenke AG is a financial services company that, under a franchise model, provides operational infrastructure, and other support services. The firm retains the right to acquire the franchisee based on a predetermined formula and time frame. Grenke's reporting segments include; The Leasing segment which generates key revenue, and consists of financing to commercial lessees, rental, service, protection and maintenance offerings, and the disposal of used equipment. The Banking segment acts as a financing partner, particularly to small- and medium-sized companies, and the Factoring segment offers traditional factoring services with a focus on small-ticket factoring. Geographically, the majority of the company's revenue is generated from France and rest from Italy, Germany and other regions.
Executives
Manfred Piontke Supervisory Board
Moritz Grenke Supervisory Board
Dr. Martin Paal Board of Directors
Gilles Christ Board of Directors
Dr. Sebastian Hirsch Board of Directors
Norbert Freisleben Supervisory Board
Isabel Rösler Board of Directors

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