Technical Olympic (ATH:OLYMP) Debt-to-EBITDA : 0.92 (As of Jun. 2023)

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What is Technical Olympic Debt-to-EBITDA?

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

Technical Olympic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €2.41 Mil. Technical Olympic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was €12.17 Mil. Technical Olympic's annualized EBITDA for the quarter that ended in Jun. 2023 was €15.81 Mil. Technical Olympic's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 0.92.

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

ATH:OLYMP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.04 Med: 2.06 Max: 12.32
Current: 0.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of Technical Olympic was 12.32. The lowest was -5.04. And the median was 2.06.

ATH:OLYMP's Debt-to-EBITDA is ranked better than
80.48% of 840 companies
in the Transportation industry
Industry Median: 2.83 vs ATH:OLYMP: 0.91

Technical Olympic Debt-to-EBITDA Historical Data

The historical data trend for Technical Olympic'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.

Technical Olympic Debt-to-EBITDA Chart

Technical Olympic Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

Get a 7-Day Free Trial

5.58

-2.55

-1.64

12.32

1.77

Technical Olympic Semi-Annual Data
	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial															-40.19	5.27	6.81	1.03	0.92

Competitive Comparison of Technical Olympic's Debt-to-EBITDA

For the Marine Shipping subindustry, Technical Olympic'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.

Technical Olympic's Debt-to-EBITDA Distribution in the Transportation Industry

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

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

Technical Olympic Debt-to-EBITDA Calculation

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

Technical Olympic'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
	=	(3.626	+	13.005)	/	9.393
	=	1.77

Technical Olympic's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.406	+	12.173)	/	15.808
	=	0.92

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 (Jun. 2023) EBITDA data.

Technical Olympic (ATH:OLYMP) 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.

Technical Olympic Debt-to-EBITDA Related Terms

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

Technical Olympic (ATH:OLYMP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Technical Olympic SA (ATH:OLYMP) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Solomou Street Alimos, Athens, GRC, 174 56

Website

http://www.techol.gr

Technical Olympic SA is a Greece based company engaged in the fields of homebuilding, construction of public and private projects, tourism, wind power, construction and operation of marinas and real estate development through different companies. The group has business operations in Greece and internationally. The tourist activity is represented by the group owned resort, Porto Carras. The construction activities of the company encompass railroad projects, irrigation projects, telecommunications projects, dams, marinas, harbour and drainage projects and others.

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