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Global Yatirim Holding AS (IST:GLYHO) Debt-to-EBITDA : 3.40 (As of Dec. 2023)


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What is Global Yatirim Holding AS Debt-to-EBITDA?

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

Global Yatirim Holding AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺5,219 Mil. Global Yatirim Holding AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₺21,365 Mil. Global Yatirim Holding AS's annualized EBITDA for the quarter that ended in Dec. 2023 was ₺7,812 Mil. Global Yatirim Holding AS's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.40.

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 Global Yatirim Holding AS's Debt-to-EBITDA or its related term are showing as below:

IST:GLYHO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -314.65   Med: 8.54   Max: 54.63
Current: 5.54

During the past 13 years, the highest Debt-to-EBITDA Ratio of Global Yatirim Holding AS was 54.63. The lowest was -314.65. And the median was 8.54.

IST:GLYHO's Debt-to-EBITDA is ranked worse than
69.83% of 411 companies
in the Conglomerates industry
Industry Median: 3.37 vs IST:GLYHO: 5.54

Global Yatirim Holding AS Debt-to-EBITDA Historical Data

The historical data trend for Global Yatirim Holding 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.

Global Yatirim Holding AS Debt-to-EBITDA Chart

Global Yatirim Holding 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 7.58 54.63 18.10 2.21 5.54

Global Yatirim Holding AS 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 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 0.72 5.37 6.42 4.78 3.40

Competitive Comparison of Global Yatirim Holding AS's Debt-to-EBITDA

For the Conglomerates subindustry, Global Yatirim Holding 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.


Global Yatirim Holding AS's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Global Yatirim Holding AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Global Yatirim Holding AS's Debt-to-EBITDA falls into.



Global Yatirim Holding AS Debt-to-EBITDA Calculation

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

Global Yatirim Holding 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
=(5218.778 + 21364.888) / 4798.492
=5.54

Global Yatirim Holding AS'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
=(5218.778 + 21364.888) / 7812.112
=3.40

* 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 (Dec. 2023) EBITDA data.


Global Yatirim Holding AS  (IST:GLYHO) 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.


Global Yatirim Holding AS Debt-to-EBITDA Related Terms

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


Global Yatirim Holding AS (IST:GLYHO) Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Caddesi 193, Block Number 193/2, Sisli, Istanbul, TUR, 34394
Global Yatirim Holding AS operates as an investment holding company in Turkey. The company's operating segment includes Port Operations; Energy Generation; Natural Gas; Mining; Real Estate and Brokerage and Asset Management. It generates maximum revenue from the Port Operations segment. The company operates cruise and commercial port facilities, as well as operates in energy production, renewable energy production, and feldspar mining businesses.

Global Yatirim Holding AS (IST:GLYHO) Headlines

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