GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Atlas Arteria Ltd (OTCPK:MAQAF) » Definitions » Debt-to-EBITDA

Atlas Arteria (Atlas Arteria) Debt-to-EBITDA : 4.15 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is Atlas Arteria Debt-to-EBITDA?

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

Atlas Arteria's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $68.07 Mil. Atlas Arteria's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,083.53 Mil. Atlas Arteria's annualized EBITDA for the quarter that ended in Dec. 2023 was $277.78 Mil. Atlas Arteria's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.15.

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 Atlas Arteria's Debt-to-EBITDA or its related term are showing as below:

MAQAF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.92   Med: 5.14   Max: 16.98
Current: 4.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of Atlas Arteria was 16.98. The lowest was 2.92. And the median was 5.14.

MAQAF's Debt-to-EBITDA is ranked worse than
66.9% of 1302 companies
in the Construction industry
Industry Median: 2.32 vs MAQAF: 4.04

Atlas Arteria Debt-to-EBITDA Historical Data

The historical data trend for Atlas Arteria'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.

Atlas Arteria Debt-to-EBITDA Chart

Atlas Arteria 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 13.42 16.98 5.14 4.32 4.04

Atlas Arteria Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 4.99 4.28 4.15 3.90 4.15

Competitive Comparison of Atlas Arteria's Debt-to-EBITDA

For the Infrastructure Operations subindustry, Atlas Arteria'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.


Atlas Arteria's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Atlas Arteria's Debt-to-EBITDA distribution charts can be found below:

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



Atlas Arteria Debt-to-EBITDA Calculation

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

Atlas Arteria'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
=(68.072 + 1083.534) / 284.94
=4.04

Atlas Arteria'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
=(68.072 + 1083.534) / 277.778
=4.15

* 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 (Dec. 2023) EBITDA data.


Atlas Arteria  (OTCPK:MAQAF) 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.


Atlas Arteria Debt-to-EBITDA Related Terms

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


Atlas Arteria (Atlas Arteria) Business Description

Traded in Other Exchanges
Address
180 Flinders Street, Level 1, Melbourne, VIC, AUS, 3000
Atlas Arteria is a global toll-road investor created out of the reorganisation of Macquarie Infrastructure Group in 2010. The firm's main asset is a 31.1% stake in Autoroutes Paris-Rhin-Rhone, or APRR. APRR owns concessions to toll more than 2,300 kilometres of motorways in eastern France, most ending late 2035. The firm also wholly owns the Dulles Greenway and 66.7% of the Chicago Skyway, both in the U.S.

Atlas Arteria (Atlas Arteria) Headlines