Accor (ACRFF) Debt-to-EBITDA : 3.15 (As of Dec. 2023)

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What is Accor Debt-to-EBITDA?

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

Accor's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $919 Mil. Accor's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2,755 Mil. Accor's annualized EBITDA for the quarter that ended in Dec. 2023 was $1,167 Mil. Accor's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.15.

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

ACRFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.95 Med: 4.63 Max: 15.14
Current: 3.26

During the past 13 years, the highest Debt-to-EBITDA Ratio of Accor was 15.14. The lowest was -1.95. And the median was 4.63.

ACRFF's Debt-to-EBITDA is ranked worse than
53.55% of 620 companies
in the Travel & Leisure industry
Industry Median: 2.875 vs ACRFF: 3.26

Accor Debt-to-EBITDA Historical Data

The historical data trend for Accor'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.

Accor Debt-to-EBITDA Chart

Accor Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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3.62

-1.95

12.33

4.18

3.26

Accor 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															43.01	7.45	2.90	3.43	3.15

Competitive Comparison of Accor's Debt-to-EBITDA

For the Lodging subindustry, Accor'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.

Accor's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Accor's Debt-to-EBITDA distribution charts can be found below:

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

Accor Debt-to-EBITDA Calculation

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

Accor'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
	=	(919.302	+	2754.635)	/	1126.499
	=	3.26

Accor'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
	=	(919.302	+	2754.635)	/	1166.848
	=	3.15

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.

Accor (OTCPK:ACRFF) 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.

Accor Debt-to-EBITDA Related Terms

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

Accor (ACRFF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Accor SA (OTCPK:ACRFF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ACCYY:USA ACC:Mexico ACp:UK 0H59:UK AC:France ACR:Germany

Address

82, Rue Henri Farman, Tour Sequana, Issy-les-Moulineaux, Paris, FRA, 92130

Website

https://group.accor.com

Accor operates 812,425 rooms across 46 brands addressing the economy through luxury segments, as of Sept. 30, 2023. Ibis (economy scale) is the largest brand (37% of total rooms at the end of 2022), followed by mid scale brands Mercure (16%) and Novotel (14%). FRHI offers additional luxury and North American exposure. After the sale of the majority of HotelInvest (owned assets) in 2018-19, the majority of total EBITDA comes from asset-light managed and franchised hotels. Northern Europe represents 21% of rooms, Southern Europe 23%, Asia-Pacific region 32%, Americas 12%, and India, Middle East, and Africa 12%. Premium, midscale, and economy are 86% of total rooms, while luxury and lifestyle are the remaining 14%.