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PAO Sovcomflot (MIC:FLOT) Debt-to-EBITDA : 1.07 (As of Jun. 2023)


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What is PAO Sovcomflot Debt-to-EBITDA?

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

PAO Sovcomflot's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽41,127 Mil. PAO Sovcomflot's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ₽91,260 Mil. PAO Sovcomflot's annualized EBITDA for the quarter that ended in Jun. 2023 was ₽123,217 Mil. PAO Sovcomflot's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 1.07.

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 PAO Sovcomflot's Debt-to-EBITDA or its related term are showing as below:

MIC:FLOT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.3   Med: 10.86   Max: 39.02
Current: 4.3

During the past 9 years, the highest Debt-to-EBITDA Ratio of PAO Sovcomflot was 39.02. The lowest was 4.30. And the median was 10.86.

MIC:FLOT's Debt-to-EBITDA is ranked worse than
78.64% of 721 companies
in the Oil & Gas industry
Industry Median: 1.76 vs MIC:FLOT: 4.30

PAO Sovcomflot Debt-to-EBITDA Historical Data

The historical data trend for PAO Sovcomflot'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.

PAO Sovcomflot Debt-to-EBITDA Chart

PAO Sovcomflot Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 39.02 19.63 7.61 6.76 13.08

PAO Sovcomflot Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 5.39 3.80 4.57 17.61 1.07

Competitive Comparison of PAO Sovcomflot's Debt-to-EBITDA

For the Oil & Gas Midstream subindustry, PAO Sovcomflot'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.


PAO Sovcomflot's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, PAO Sovcomflot's Debt-to-EBITDA distribution charts can be found below:

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



PAO Sovcomflot Debt-to-EBITDA Calculation

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

PAO Sovcomflot'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
=(22377.684 + 201450.171) / 17106.636
=13.08

PAO Sovcomflot'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
=(41126.51 + 91260.371) / 123216.888
=1.07

* 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 (Jun. 2023) EBITDA data.


PAO Sovcomflot  (MIC:FLOT) 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.


PAO Sovcomflot Debt-to-EBITDA Related Terms

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


PAO Sovcomflot (MIC:FLOT) Business Description

Traded in Other Exchanges
N/A
Address
6 Gasheka Street, Moscow, RUS, 125047
PAO Sovcomflot is a shipping company. It provides maritime transportation of hydrocarbons, as well as the servicing and support of offshore exploration and oil and gas production. The company's operating segment includes Offshore services; Gas transportation; Crude oil transportation; Oil products transportation and others. It generates maximum revenue from the Offshore services segment.

PAO Sovcomflot (MIC:FLOT) Headlines

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