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Ozak Gayrimenkul Yatirim Ortakligi (IST:OZKGY) Debt-to-EBITDA : 1.01 (As of Sep. 2023)


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What is Ozak Gayrimenkul Yatirim Ortakligi Debt-to-EBITDA?

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

Ozak Gayrimenkul Yatirim Ortakligi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺939 Mil. Ozak Gayrimenkul Yatirim Ortakligi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₺1,404 Mil. Ozak Gayrimenkul Yatirim Ortakligi's annualized EBITDA for the quarter that ended in Sep. 2023 was ₺2,331 Mil. Ozak Gayrimenkul Yatirim Ortakligi's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.01.

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 Ozak Gayrimenkul Yatirim Ortakligi's Debt-to-EBITDA or its related term are showing as below:

IST:OZKGY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.2   Med: 1.76   Max: 16.19
Current: 0.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ozak Gayrimenkul Yatirim Ortakligi was 16.19. The lowest was 0.20. And the median was 1.76.

IST:OZKGY's Debt-to-EBITDA is ranked better than
95.49% of 510 companies
in the REITs industry
Industry Median: 7.22 vs IST:OZKGY: 0.25

Ozak Gayrimenkul Yatirim Ortakligi Debt-to-EBITDA Historical Data

The historical data trend for Ozak Gayrimenkul Yatirim Ortakligi'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.

Ozak Gayrimenkul Yatirim Ortakligi Debt-to-EBITDA Chart

Ozak Gayrimenkul Yatirim Ortakligi Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 1.88 0.82 0.23 0.20

Ozak Gayrimenkul Yatirim Ortakligi Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.05 0.14 1.20 0.07 1.01

Competitive Comparison of Ozak Gayrimenkul Yatirim Ortakligi's Debt-to-EBITDA

For the REIT - Diversified subindustry, Ozak Gayrimenkul Yatirim Ortakligi'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.


Ozak Gayrimenkul Yatirim Ortakligi's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ozak Gayrimenkul Yatirim Ortakligi's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ozak Gayrimenkul Yatirim Ortakligi's Debt-to-EBITDA falls into.



Ozak Gayrimenkul Yatirim Ortakligi Debt-to-EBITDA Calculation

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

Ozak Gayrimenkul Yatirim Ortakligi'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
=(595.25 + 1148.275) / 8530.315
=0.20

Ozak Gayrimenkul Yatirim Ortakligi's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(939.235 + 1404.166) / 2331.42
=1.01

* 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 (Sep. 2023) EBITDA data.


Ozak Gayrimenkul Yatirim Ortakligi  (IST:OZKGY) 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.


Ozak Gayrimenkul Yatirim Ortakligi Debt-to-EBITDA Related Terms

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


Ozak Gayrimenkul Yatirim Ortakligi (IST:OZKGY) Business Description

Traded in Other Exchanges
N/A
Address
Kazlicesme Mah. Kennedy Cad. No:52C, D:1 Zeytinburnu, Istanbul, TUR, 34020
Ozak Gayrimenkul Yatirim Ortakligi is a Turkey-based Real Estate Investment Trust. It maintains its land and project development studies in Housing, Commercial, Tourism, and Merchandise areas. Some of the projects of the company include Hayat Tepe Suites, Ozak Hayat Tepe, Bulvar216 and 34 Portall.

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