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Nabaltec AG (Nabaltec AG) Debt-to-EBITDA : 2.72 (As of Sep. 2023)


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What is Nabaltec AG Debt-to-EBITDA?

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

Nabaltec AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1.4 Mil. Nabaltec AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $96.0 Mil. Nabaltec AG's annualized EBITDA for the quarter that ended in Sep. 2023 was $35.9 Mil. Nabaltec AG's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.71.

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

NABXF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.59   Med: 2.45   Max: 4.4
Current: 2.74

During the past 13 years, the highest Debt-to-EBITDA Ratio of Nabaltec AG was 4.40. The lowest was 1.59. And the median was 2.45.

NABXF's Debt-to-EBITDA is ranked worse than
56.41% of 1225 companies
in the Chemicals industry
Industry Median: 2.24 vs NABXF: 2.74

Nabaltec AG Debt-to-EBITDA Historical Data

The historical data trend for Nabaltec 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.

Nabaltec AG Debt-to-EBITDA Chart

Nabaltec AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.31 2.18 2.52 1.59 2.12

Nabaltec AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.99 2.49 2.60 3.22 2.72

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

For the Specialty Chemicals subindustry, Nabaltec 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.


Nabaltec AG's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Nabaltec AG's Debt-to-EBITDA distribution charts can be found below:

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



Nabaltec AG Debt-to-EBITDA Calculation

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

Nabaltec AG's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.829 + 95.29) / 45.31
=2.12

Nabaltec AG's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.358 + 96.009) / 35.868
=2.71

* 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 (Sep. 2023) EBITDA data.


Nabaltec AG  (GREY:NABXF) 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.


Nabaltec AG Debt-to-EBITDA Related Terms

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


Nabaltec AG (Nabaltec AG) Business Description

Traded in Other Exchanges
Address
Alustrasse 50 - 52, Schwandorf, BY, DEU, 92421
Nabaltec AG engages is a company involved in the chemical business. The product portfolio includes Aluminum hydroxide, boehmite, alumina, synthetic sintered mullite, and ceramic masses. The company functions in two segments - Functional Fillers and Specialty Alumina. It generates maximum revenue from the Functional Fillers segment. The Functional Fillers segment develops specialized aluminum hydroxide-based products and the specialty alumina segment develops materials for a wide variety of industries based on all natural ingredients.

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