KION GROUP AG (XTER:KGX) Debt-to-EBITDA

: 4.34 (As of Dec. 2023)

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

KION GROUP AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,569 Mil. KION GROUP AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €5,009 Mil. KION GROUP AG's annualized EBITDA for the quarter that ended in Dec. 2023 was €1,516 Mil. KION GROUP AG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.34.

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 KION GROUP AG's Debt-to-EBITDA or its related term are showing as below:

XTER:KGX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.45 Med: 2.93 Max: 4.55
Current: 3.62

During the past 13 years, the highest Debt-to-EBITDA Ratio of KION GROUP AG was 4.55. The lowest was 1.45. And the median was 2.93.

XTER:KGX's Debt-to-EBITDA is ranked worse than
73.01% of 163 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 1.88 vs XTER:KGX: 3.62

KION GROUP AG Debt-to-EBITDA Historical Data

The historical data trend for KION GROUP AG'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.

KION GROUP AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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3.26

3.60

2.77

4.55

3.62

KION GROUP AG 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															10.03	2.17	2.04	2.06	4.34

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, KION GROUP AG'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.

KION GROUP AG Debt-to-EBITDA Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, KION GROUP AG's Debt-to-EBITDA distribution charts can be found below:

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

KION GROUP AG Debt-to-EBITDA Calculation

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

KION GROUP AG'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
	=	(1569.3	+	5009)	/	1817.4
	=	3.62

KION GROUP AG'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
	=	(1569.3	+	5009)	/	1515.6
	=	4.34

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.

KION GROUP AG (XTER:KGX) 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.

KION GROUP AG Debt-to-EBITDA Related Terms

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

KION GROUP AG (XTER:KGX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » KION GROUP AG (XTER:KGX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

KNNGF:USA KIGRY:USA 1KGX:Italy 0QFU:UK KGX:Austria

Address

Thea-Rasche-Strasse 8, Frankfurt am Main, HE, DEU, 60549

Website

https://www.kiongroup.com

Kion Group is the number-two forklift truck manufacturer globally, after Toyota, and the number-one global warehouse automation equipment supplier. The Germany-headquartered company gets 70% of its revenue from the sale of new forklifts and maintenance services. Another roughly 30%, and growing portion, comes from warehouse automation equipment under the Dematic division, which caters to sectors such as e-commerce, third-party logistics, and supermarkets. Kion's forklift trucks and warehouse equipment service the same end markets.

Executives

Valeria Jimena Gargiulo	Board of Directors
Hasan Dandashly	Board of Directors
Andreas Ulf Krinninger	Board of Directors
Andreas Krinninger	Board of Directors
Dr. Henry Puhl	Board of Directors

KION GROUP AG (XTER:KGX) Headlines

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