OCI NV (XAMS:OCI) Debt-to-EBITDA : -6.28 (As of Dec. 2023)

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What is OCI NV Debt-to-EBITDA?

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

OCI NV's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €186 Mil. OCI NV's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €1,923 Mil. OCI NV's annualized EBITDA for the quarter that ended in Dec. 2023 was €-336 Mil. OCI NV's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -6.28.

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 OCI NV's Debt-to-EBITDA or its related term are showing as below:

XAMS:OCI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.51 Med: 5.88 Max: 17.5
Current: 3.87

During the past 12 years, the highest Debt-to-EBITDA Ratio of OCI NV was 17.50. The lowest was -8.51. And the median was 5.88.

XAMS:OCI's Debt-to-EBITDA is ranked worse than
66.45% of 1210 companies
in the Chemicals industry
Industry Median: 2.275 vs XAMS:OCI: 3.87

OCI NV Debt-to-EBITDA Historical Data

The historical data trend for OCI NV'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.

OCI NV Debt-to-EBITDA Chart

OCI NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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8.65

5.90

1.65

5.58

-8.51

OCI NV 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															-3.81	4.45	3.89	5.56	-6.28

Competitive Comparison of OCI NV's Debt-to-EBITDA

For the Specialty Chemicals subindustry, OCI NV'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.

OCI NV's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, OCI NV's Debt-to-EBITDA distribution charts can be found below:

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

OCI NV Debt-to-EBITDA Calculation

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

OCI NV'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
	=	(185.509	+	1923.316)	/	-247.957
	=	-8.50

OCI NV'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
	=	(185.509	+	1923.316)	/	-335.62
	=	-6.28

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.

OCI NV (XAMS:OCI) 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.

OCI NV Debt-to-EBITDA Related Terms

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

OCI NV (XAMS:OCI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » OCI NV (XAMS:OCI) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

OCINF:USA OCI:Mexico OCIa:UK 0QGH:UK OIC:Germany

Address

Honthorststraat 19, Amsterdam, NH, NLD, 1071

Website

https://oci-global.com

OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The firm organizes itself into five reportable segments based on product type and location. The methanol U.S. segment distributes methanol and ammonia primarily to industrial customers around the U.S. Gulf Coast. Methanol Europe produces and distributes regular and bio-methanol. Other segments include nitrogen U.S., nitrogen Europe, and fertiglobe, which is a nitrogen fertilizer platform serving the Middle East and North Africa. Majority revenue is generated from the Fertiglobe segment. The company generates majority of its revenue from Europe and the Americas.

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