Corporacion Acciona Energias Renovables (XMAD:ANE) Debt-to-EBITDA : 4.32 (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Corporacion Acciona Energias Renovables Debt-to-EBITDA?

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

Corporacion Acciona Energias Renovables's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €287 Mil. Corporacion Acciona Energias Renovables's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €4,330 Mil. Corporacion Acciona Energias Renovables's annualized EBITDA for the quarter that ended in Dec. 2023 was €1,068 Mil. Corporacion Acciona Energias Renovables's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.32.

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 Corporacion Acciona Energias Renovables's Debt-to-EBITDA or its related term are showing as below:

XMAD:ANE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.77 Med: 3.97 Max: 5.89
Current: 3.28

During the past 6 years, the highest Debt-to-EBITDA Ratio of Corporacion Acciona Energias Renovables was 5.89. The lowest was 1.77. And the median was 3.97.

XMAD:ANE's Debt-to-EBITDA is ranked better than
59.94% of 322 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.435 vs XMAD:ANE: 3.28

Corporacion Acciona Energias Renovables Debt-to-EBITDA Historical Data

The historical data trend for Corporacion Acciona Energias Renovables'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.

Corporacion Acciona Energias Renovables Debt-to-EBITDA Chart

Corporacion Acciona Energias Renovables Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

4.66

5.89

2.72

1.77

3.28

Corporacion Acciona Energias Renovables Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial					2.61	1.95	1.95	2.39	4.32

Competitive Comparison of Corporacion Acciona Energias Renovables's Debt-to-EBITDA

For the Utilities - Renewable subindustry, Corporacion Acciona Energias Renovables'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.

Corporacion Acciona Energias Renovables's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Corporacion Acciona Energias Renovables's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Corporacion Acciona Energias Renovables's Debt-to-EBITDA falls into.

Corporacion Acciona Energias Renovables Debt-to-EBITDA Calculation

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

Corporacion Acciona Energias Renovables'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
	=	(287	+	4330)	/	1407
	=	3.28

Corporacion Acciona Energias Renovables'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
	=	(287	+	4330)	/	1068
	=	4.32

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.

Corporacion Acciona Energias Renovables (XMAD:ANE) 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.

Corporacion Acciona Energias Renovables Debt-to-EBITDA Related Terms

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

Corporacion Acciona Energias Renovables (XMAD:ANE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Corporacion Acciona Energias Renovables SA (XMAD:ANE) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ANEe:UK 5BP:Germany

Address

Avenida de Europa, 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, ESP, 28108

Website

https://www.acciona-energia.com

A renewables developer, Acciona Energia was spun off from Spanish industrial conglomerate Acciona in July 2021. The floating share is 17.3%. In June 2022, the group had 9.2 gigawatts of consolidated capacity (11.2 GW of total capacity). Eighty percent of Acciona Energia's capacity is onshore wind, nearly 10% is hydro dams in Spain and 9% is solar photovoltaic. Geographically, 50% of the capacity are located in Spain. The three biggest markets outside Spain are Mexico, the U.S., and Australia accounting for 12%, 11%, and 6% of capacity, respectively.

Corporacion Acciona Energias Renovables (XMAD:ANE) Headlines

No Headlines