Skymark Airlines (TSE:9204) Debt-to-EBITDA : 13.75 (As of Dec. 2023)

Skymark Airlines Debt-to-EBITDA Chart

Skymark Airlines Annual Data
	Trend	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar21	Mar22	Mar23	Mar24
Debt-to-EBITDA		Get a 7-Day Free Trial					-0.55	-1.16	-3.56	5.91	2.99

Skymark Airlines Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															48.66	11.73	1.40	13.75	6.70

Competitive Comparison of Skymark Airlines's Debt-to-EBITDA

For the Airports & Air Services subindustry, Skymark Airlines'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.

Skymark Airlines's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Skymark Airlines's Debt-to-EBITDA distribution charts can be found below:

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

Skymark Airlines Debt-to-EBITDA Calculation

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

Skymark Airlines's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Skymark Airlines's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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.

Skymark Airlines  (TSE:9204) 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.

Skymark Airlines Debt-to-EBITDA Related Terms

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Skymark Airlines (TSE:9204) Business Description