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Icahn Enterprises LP Debt-to-EBITDA

: -254.79 (As of Jun. 2022)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Icahn Enterprises LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $0 Mil. Icahn Enterprises LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was $7,134 Mil. Icahn Enterprises LP's annualized EBITDA for the quarter that ended in Jun. 2022 was $-28 Mil. Icahn Enterprises LP's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 was -254.79.

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 Icahn Enterprises LP's Debt-to-EBITDA or its related term are showing as below:

IEP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -299.86   Med: 2.49   Max: 12.71
Current: 11.66

During the past 13 years, the highest Debt-to-EBITDA Ratio of Icahn Enterprises LP was 12.71. The lowest was -299.86. And the median was 2.49.

IEP's Debt-to-EBITDA is ranked worse than
84.5% of 387 companies
in the Conglomerates industry
Industry Median: 3.33 vs IEP: 11.66

Icahn Enterprises LP Debt-to-EBITDA Historical Data

The historical data trend for Icahn Enterprises LP'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.

Icahn Enterprises LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.43 5.84 -13.32 -5.82 12.71

Icahn Enterprises LP Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Debt-to-EBITDA 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 Premium Member Only Premium Member Only Premium Member Only 7.03 35.70 -2.85 1.44 -254.79

Competitive Comparison

For the Conglomerates subindustry, Icahn Enterprises LP'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.

   

Icahn Enterprises LP Debt-to-EBITDA Distribution

For the Conglomerates industry and Industrials sector, Icahn Enterprises LP's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Icahn Enterprises LP's Debt-to-EBITDA falls into.



Icahn Enterprises LP Debt-to-EBITDA Calculation

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

Icahn Enterprises LP's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(26 + 7666) / 605
=12.71

Icahn Enterprises LP's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 7134) / -28
=-254.79

* 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 (Jun. 2022) EBITDA data.


Icahn Enterprises LP  (NAS:IEP) 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.


Icahn Enterprises LP Debt-to-EBITDA Related Terms

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


Icahn Enterprises LP Business Description

Icahn Enterprises LP logo
Traded in Other Exchanges
N/A
Address
16690 Collins Avenue, PH-1, Penthouse Suite, Sunny Isles Beach, FL, USA, 33160
Icahn Enterprises LP is a provider of diversified business services in the United States. The company operates its business through varied segments which include Investment, Automotive, Energy, Food Packaging, Real Estate, Pharma, and Home Fashion. Among these, the Energy segment derives maximum revenue from the company. Geographically, it generates maximum revenue from the United States.
Executives
Willetts David director, officer: President and CEO 16690 COLLINS AVENUE - PH-1 SUNNY ISLES BEACH FL 33160
Papapostolou Ted director, officer: CFO & Chief Accounting Officer 16690 COLLINS AVE., SUITE PH-1 SUNNY ISLES BEACH FL 33160
Kekedjian Aris director, officer: President and CEO 655 THIRD AVENUE, 8TH FLOOR 10017 NY 10017
Dunlap Nancy Martori director C/O CVR REFINING, LP 2277 PLAZA DRIVE, SUITE 500 SUGAR LAND TX 77479
Icahn Brett director C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160
Mongillo Stephen A director C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160
Barton Denise director 3149 STERLINGSHIRE DRIVE LAS VEGAS NV 89146
Krongard A B director C/O UNDER ARMOUR, INC. 1020 HULL STREET BALTIMORE MD 21230
Nevin Michael director C/O ICAHN CAPITAL LP 767 FIFTH AVENUE, SUITE 4700 NEW YORK NY 10153
Nelson James Larry director 2747 PARADISE ROAD PH2804 LAS VEGAS NV 89109
Wasserman Jack Gumpert director 510 EAST 86TH STREET NEW YORK NY 10028-7504
Cozza Keith director C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160
Cho Sunghwan officer: Chief Financial Officer C/O ICAHN ENTERPRISES L.P. 16690 COLLINS AVE., PH SUNNY ISLES FL 33160
Reck Peter officer: Principal Accounting Officer C/O ICAHN ENTERPRISES L.P. 767 FIFTH AVENUE, SUITE 4600 NEW YORK NY 10153
Ninivaggi Daniel A director, officer: Pres & Principal Exec Officer C/O ICAHN ENTERPRISES L.P. 767 FIFTH AVENUE, SUITE 4600 NEW YORK NY 10153

Icahn Enterprises LP Headlines

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