ENCE Energia y Celulosa (CHIX:ENCE) Debt-to-EBITDA

: 3.27 (As of Mar. 2024)

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

ENCE Energia y Celulosa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €144.8 Mil. ENCE Energia y Celulosa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €445.2 Mil. ENCE Energia y Celulosa's annualized EBITDA for the quarter that ended in Mar. 2024 was €180.4 Mil. ENCE Energia y Celulosa's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.27.

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 ENCE Energia y Celulosa's Debt-to-EBITDA or its related term are showing as below:

CHIX:ENCe' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.49 Med: 2.4 Max: 7.53
Current: 5.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of ENCE Energia y Celulosa was 7.53. The lowest was -6.49. And the median was 2.40.

CHIX:ENCe's Debt-to-EBITDA is ranked worse than
64.55% of 220 companies
in the Forest Products industry
Industry Median: 3.15 vs CHIX:ENCe: 5.01

ENCE Energia y Celulosa Debt-to-EBITDA Historical Data

The historical data trend for ENCE Energia y Celulosa'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.

ENCE Energia y Celulosa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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5.27

7.53

-6.49

0.87

5.12

ENCE Energia y Celulosa Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															1.40	-4.28	132.84	2.77	3.27

Competitive Comparison

For the Paper & Paper Products subindustry, ENCE Energia y Celulosa'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.

ENCE Energia y Celulosa Debt-to-EBITDA Distribution

For the Forest Products industry and Basic Materials sector, ENCE Energia y Celulosa's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ENCE Energia y Celulosa's Debt-to-EBITDA falls into.

ENCE Energia y Celulosa Debt-to-EBITDA Calculation

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

ENCE Energia y Celulosa'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
	=	(171.354	+	371.223)	/	105.963
	=	5.12

ENCE Energia y Celulosa's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(144.8	+	445.2)	/	180.4
	=	3.27

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 (Mar. 2024) EBITDA data.

ENCE Energia y Celulosa (CHIX:ENCe) 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.

ENCE Energia y Celulosa Debt-to-EBITDA Related Terms

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

ENCE Energia y Celulosa (CHIX:ENCE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » ENCE Energia y Celulosa SA (CHIX:ENCe) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

0K96:UK ENC:Spain ENCA:Germany

Address

Beatriz de Bobadilla, 14, Madrid, ESP, 28040

Website

https://www.ence.es

ENCE Energia y Celulosa SA produces and sells pulp. The company owns and manages eucalyptus forests throughout Spain and harvests timber. The timber is transported to the firm's mills, where it produces pulp for sale to paper manufacturers. Over half of the company's pulp is sold to tissue paper producers. Other customers include manufacturers of specialty paper, printing and writing paper, and packaging paper. Ence also generates and sells electricity from forest biomass. The vast majority of revenue comes from Europe.

ENCE Energia y Celulosa (CHIX:ENCE) Headlines

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