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Cia de Transmissao de Energia Eletrica Paulista (Cia de Transmissao de Energia Eletrica Paulista) Debt-to-EBITDA : 2.67 (As of Sep. 2023)


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What is Cia de Transmissao de Energia Eletrica Paulista Debt-to-EBITDA?

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

Cia de Transmissao de Energia Eletrica Paulista's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $458 Mil. Cia de Transmissao de Energia Eletrica Paulista's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $1,380 Mil. Cia de Transmissao de Energia Eletrica Paulista's annualized EBITDA for the quarter that ended in Sep. 2023 was $688 Mil. Cia de Transmissao de Energia Eletrica Paulista's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.67.

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 Cia de Transmissao de Energia Eletrica Paulista's Debt-to-EBITDA or its related term are showing as below:

CTPZY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.14   Med: 1.43   Max: 52.94
Current: 2.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Cia de Transmissao de Energia Eletrica Paulista was 52.94. The lowest was 0.14. And the median was 1.43.

CTPZY's Debt-to-EBITDA is ranked better than
71.21% of 323 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.46 vs CTPZY: 2.53

Cia de Transmissao de Energia Eletrica Paulista Debt-to-EBITDA Historical Data

The historical data trend for Cia de Transmissao de Energia Eletrica Paulista'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.

Cia de Transmissao de Energia Eletrica Paulista Debt-to-EBITDA Chart

Cia de Transmissao de Energia Eletrica Paulista 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 1.22 1.42 1.03 1.77 2.38

Cia de Transmissao de Energia Eletrica Paulista 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 2.55 3.31 1.93 2.24 2.67

Competitive Comparison of Cia de Transmissao de Energia Eletrica Paulista's Debt-to-EBITDA

For the Utilities - Independent Power Producers subindustry, Cia de Transmissao de Energia Eletrica Paulista'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.


Cia de Transmissao de Energia Eletrica Paulista's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cia de Transmissao de Energia Eletrica Paulista's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Cia de Transmissao de Energia Eletrica Paulista's Debt-to-EBITDA falls into.



Cia de Transmissao de Energia Eletrica Paulista Debt-to-EBITDA Calculation

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

Cia de Transmissao de Energia Eletrica Paulista'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
=(34.51 + 1498.585) / 643.164
=2.38

Cia de Transmissao de Energia Eletrica Paulista'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
=(457.751 + 1379.533) / 687.888
=2.67

* 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.


Cia de Transmissao de Energia Eletrica Paulista  (OTCPK:CTPZY) 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.


Cia de Transmissao de Energia Eletrica Paulista Debt-to-EBITDA Related Terms

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


Cia de Transmissao de Energia Eletrica Paulista (Cia de Transmissao de Energia Eletrica Paulista) Business Description

Traded in Other Exchanges
Address
Rua Casa Do Ator 1155, Sao Paulo, SP, BRA, 4546004
Cia de Transmissao de Energia Eletrica Paulista, or CTEEP, is a Brazilian private-public utility concession company involved in the transmission of electric power. Through its subsidiaries, CTEEP plans, constructs, operates, and maintains electric transmission systems and transmission-related infrastructure projects throughout the country of Brazil. The company segments its operations between Infrastructure, Operation & Maintenance, and Concession Assets Remuneration business units. The vast majority of CTEEP's revenue can be derived from its Operation & Maintenance division, which controls and cares for its nationwide electricity transmission system. The company transmits a significant amount of all the power produced in Brazil and over half of the energy consumed in Southeast Brazil.

Cia de Transmissao de Energia Eletrica Paulista (Cia de Transmissao de Energia Eletrica Paulista) Headlines

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