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Arcelik AS (Arcelik AS) Debt-to-EBITDA : 1.94 (As of Dec. 2023)


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What is Arcelik AS Debt-to-EBITDA?

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

Arcelik AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,976 Mil. Arcelik AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,529 Mil. Arcelik AS's annualized EBITDA for the quarter that ended in Dec. 2023 was $1,810 Mil. Arcelik AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.94.

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 Arcelik AS's Debt-to-EBITDA or its related term are showing as below:

ACKAY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.72   Med: 3.7   Max: 4.51
Current: 4.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Arcelik AS was 4.51. The lowest was 2.72. And the median was 3.70.

ACKAY's Debt-to-EBITDA is ranked worse than
74.48% of 337 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.96 vs ACKAY: 4.10

Arcelik AS Debt-to-EBITDA Historical Data

The historical data trend for Arcelik AS'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.

Arcelik AS Debt-to-EBITDA Chart

Arcelik AS 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 3.99 2.73 4.31 3.60 4.19

Arcelik AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.29 4.21 4.89 4.65 1.94

Competitive Comparison of Arcelik AS's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Arcelik AS'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.


Arcelik AS's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Arcelik AS's Debt-to-EBITDA distribution charts can be found below:

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



Arcelik AS Debt-to-EBITDA Calculation

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

Arcelik AS'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
=(1975.656 + 1529.024) / 836.785
=4.19

Arcelik AS's annualized Debt-to-EBITDA for the quarter 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
=(1975.656 + 1529.024) / 1810.028
=1.94

* 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. 2023) EBITDA data.


Arcelik AS  (OTCPK:ACKAY) 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.


Arcelik AS Debt-to-EBITDA Related Terms

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


Arcelik AS (Arcelik AS) Business Description

Traded in Other Exchanges
Address
Karaagac Caddesi No 2-6, Sutluce, Istanbul, TUR, 34445
Arcelik AS is a Turkey-based company that is principally engaged in manufacturing household appliances. Its products consist of consumer durable goods, consumer electronics, kitchen accessories, and small home appliances. It provides after-sale services as well. The company generates most of its revenue from white products. The company has factories in a number of countries, such as Turkey, Romania, Russia, China, South Africa, and Thailand. It has a worldwide business presence, including Turkey, Europe, Africa, and the Middle East, with Turkey and Western Europe as the largest markets.