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Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Debt-to-EBITDA : 1.67 (As of Mar. 2024)


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What is Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Debt-to-EBITDA?

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

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺7,400 Mil. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₺2,676 Mil. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's annualized EBITDA for the quarter that ended in Mar. 2024 was ₺6,026 Mil. Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.67.

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 Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Debt-to-EBITDA or its related term are showing as below:

IST:BRSAN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.38   Med: 4   Max: 8.13
Current: 1.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS was 8.13. The lowest was 1.38. And the median was 4.00.

IST:BRSAN's Debt-to-EBITDA is ranked better than
63.8% of 489 companies
in the Steel industry
Industry Median: 2.63 vs IST:BRSAN: 1.48

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Debt-to-EBITDA Historical Data

The historical data trend for Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS'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.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Debt-to-EBITDA Chart

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.98 7.51 8.13 2.82 1.38

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.13 1.24 1.81 1.58 1.67

Competitive Comparison of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Debt-to-EBITDA

For the Steel subindustry, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS'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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Debt-to-EBITDA falls into.



Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Debt-to-EBITDA Calculation

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

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS'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
=(7805.12 + 2461.795) / 7450.556
=1.38

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7400.488 + 2675.582) / 6025.524
=1.67

* 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 (Mar. 2024) EBITDA data.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS  (IST:BRSAN) 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.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Business Description

Traded in Other Exchanges
N/A
Address
Meclisi Mebusan Caddesi No. 35 – 37, Salipazari, Istanbul, TUR, 34427
Borusan Birlesik Boru Fabrikalari Sanayi Ve Ticaret AS Formerly Borusan Mannesmann Boru Sanayi ve Ticaret AS is a steel tube and pipes manufacturer. The company's product portfolio includes gas pipes, water pipes, general purpose pipes, OCTG pipes, line pipe, precision tubes, heavy wall welded tubes, first fire protection systems, and easy flow fire protection sprinkler pipes. It provides products for various projects such as The NK1 Oil Pipeline, The Sahdeniz, The Blue Stream, Hungary Gas Pipeline, and TANAP projects. It exports products to various countries in Americas, Europe, Africa and Asia.

Borusan Birlesik Boru Fabrikalarinayi Ve Ticaret AS (IST:BRSAN) Headlines

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