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Kobenhavns Lufthavne (OCSE:KBHL) Debt-to-EBITDA : 61.92 (As of Dec. 2023)


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What is Kobenhavns Lufthavne Debt-to-EBITDA?

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

Kobenhavns Lufthavne's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr407 Mil. Kobenhavns Lufthavne's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr9,253 Mil. Kobenhavns Lufthavne's annualized EBITDA for the quarter that ended in Dec. 2023 was kr156 Mil. Kobenhavns Lufthavne's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 61.92.

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 Kobenhavns Lufthavne's Debt-to-EBITDA or its related term are showing as below:

OCSE:KBHL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.33   Med: 3.38   Max: 24.54
Current: 14.7

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kobenhavns Lufthavne was 24.54. The lowest was -19.33. And the median was 3.38.

OCSE:KBHL's Debt-to-EBITDA is ranked worse than
94.92% of 847 companies
in the Transportation industry
Industry Median: 2.85 vs OCSE:KBHL: 14.70

Kobenhavns Lufthavne Debt-to-EBITDA Historical Data

The historical data trend for Kobenhavns Lufthavne'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.

Kobenhavns Lufthavne Debt-to-EBITDA Chart

Kobenhavns Lufthavne 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 5.87 -13.11 -19.33 24.54 14.73

Kobenhavns Lufthavne 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 39.98 631.44 10.44 6.35 61.92

Competitive Comparison of Kobenhavns Lufthavne's Debt-to-EBITDA

For the Airports & Air Services subindustry, Kobenhavns Lufthavne'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.


Kobenhavns Lufthavne's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kobenhavns Lufthavne's Debt-to-EBITDA distribution charts can be found below:

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



Kobenhavns Lufthavne Debt-to-EBITDA Calculation

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

Kobenhavns Lufthavne'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
=(407 + 9253) / 656
=14.73

Kobenhavns Lufthavne'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
=(407 + 9253) / 156
=61.92

* 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.


Kobenhavns Lufthavne  (OCSE:KBHL) 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.


Kobenhavns Lufthavne Debt-to-EBITDA Related Terms

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


Kobenhavns Lufthavne (OCSE:KBHL) Business Description

Traded in Other Exchanges
Address
Lufthavnsboulevarden 6, Kastrup, DNK, 2770
Kobenhavns Lufthavne formerly Copenhagen Airports A/S owns and operates Airports in Denmark. The company manages the infrastructure, buildings, and other services in the Kastrup and Roskilde airports. Copenhagen Airports divides its activities into two segments; Aeronautical and Non-aeronautical. Its majority of revenues are derived from the Aeronautical segment which comprises the operations and functions that the airports at Kastrup and Roskilde make available so that airlines can operate their flights, including facilities required for passengers to pass through these airports. The Non-aeronautical segment comprises the other facilities and services provided at the airports for passengers and others, including car-parking facilities, shops, restaurants, rest areas, lounges, and hotels.

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