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Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Debt-to-EBITDA : 0.10 (As of Jun. 2023)


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What is Ashinskiy Metallurgical Works PJSC Debt-to-EBITDA?

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

Ashinskiy Metallurgical Works PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽390 Mil. Ashinskiy Metallurgical Works PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽1,000 Mil. Ashinskiy Metallurgical Works PJSC's annualized EBITDA for the quarter that ended in Jun. 2023 was ₽13,825 Mil. Ashinskiy Metallurgical Works PJSC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 0.10.

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 Ashinskiy Metallurgical Works PJSC's Debt-to-EBITDA or its related term are showing as below:

MIC:AMEZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.65   Med: 3.3   Max: 18.82
Current: 0.2

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ashinskiy Metallurgical Works PJSC was 18.82. The lowest was -11.65. And the median was 3.30.

MIC:AMEZ's Debt-to-EBITDA is ranked better than
92.2% of 487 companies
in the Steel industry
Industry Median: 2.6 vs MIC:AMEZ: 0.20

Ashinskiy Metallurgical Works PJSC Debt-to-EBITDA Historical Data

The historical data trend for Ashinskiy Metallurgical Works PJSC'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.

Ashinskiy Metallurgical Works PJSC Debt-to-EBITDA Chart

Ashinskiy Metallurgical Works PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 3.83 1.77 3.25 0.27

Ashinskiy Metallurgical Works PJSC Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23
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 3.31 0.55 0.19 - 0.10

Competitive Comparison of Ashinskiy Metallurgical Works PJSC's Debt-to-EBITDA

For the Steel subindustry, Ashinskiy Metallurgical Works PJSC'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.


Ashinskiy Metallurgical Works PJSC's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashinskiy Metallurgical Works PJSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ashinskiy Metallurgical Works PJSC's Debt-to-EBITDA falls into.



Ashinskiy Metallurgical Works PJSC Debt-to-EBITDA Calculation

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

Ashinskiy Metallurgical Works PJSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(997.91 + 3250.009) / 15705.373
=0.27

Ashinskiy Metallurgical Works PJSC'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
=(390.158 + 1000) / 13824.726
=0.10

* 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 two times the quarterly (Jun. 2023) EBITDA data.


Ashinskiy Metallurgical Works PJSC  (MIC:AMEZ) 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.


Ashinskiy Metallurgical Works PJSC Debt-to-EBITDA Related Terms

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


Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Business Description

Traded in Other Exchanges
N/A
Address
Asha city, Mira Street no. 9, Chelyabinsk, RUS, 456010
Ashinskiy Metallurgical Works PJSC is engaged in the business of producing stainless and carbon steel. The main activity of the company is the production of hot-rolled and cold-rolled sheet (flat) steel, and consumer goods, as well as the production of tapes and magnetic cores at the main production site located in the city of Asha.

Ashinskiy Metallurgical Works PJSC (MIC:AMEZ) Headlines

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