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Dunav Re a.d (XBEL:DNREM) Debt-to-EBITDA : 0.00 (As of Jun. 2023)


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What is Dunav Re a.d Debt-to-EBITDA?

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

Dunav Re a.d's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was RSD0 Mil. Dunav Re a.d's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was RSD0 Mil. Dunav Re a.d's annualized EBITDA for the quarter that ended in Jun. 2023 was RSD789 Mil. Dunav Re a.d's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 0.00.

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 Dunav Re a.d's Debt-to-EBITDA or its related term are showing as below:

XBEL:DNREM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.02   Max: 0.03
Current: 0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dunav Re a.d was 0.03. The lowest was 0.01. And the median was 0.02.

XBEL:DNREM's Debt-to-EBITDA is not ranked
in the Insurance industry.
Industry Median: 1.43 vs XBEL:DNREM: 0.03

Dunav Re a.d Debt-to-EBITDA Historical Data

The historical data trend for Dunav Re a.d'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.

Dunav Re a.d Debt-to-EBITDA Chart

Dunav Re a.d 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 0.01 - - 0.03 0.03

Dunav Re a.d Semi-Annual Data
Dec10 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Jun22 Dec22 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 N/A N/A - 0.04 -

Competitive Comparison of Dunav Re a.d's Debt-to-EBITDA

For the Insurance - Reinsurance subindustry, Dunav Re a.d'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.


Dunav Re a.d's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Dunav Re a.d's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dunav Re a.d's Debt-to-EBITDA falls into.



Dunav Re a.d Debt-to-EBITDA Calculation

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

Dunav Re a.d'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
=(20.901 + 0) / 612.727
=0.03

Dunav Re a.d'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
=(0 + 0) / 789.422
=0.00

* 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.


Dunav Re a.d  (XBEL:DNREM) 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.


Dunav Re a.d Debt-to-EBITDA Related Terms

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


Dunav Re a.d (XBEL:DNREM) Business Description

Traded in Other Exchanges
N/A
Address
Knez Mihailova 6/II, Beograd, SRB, 11000
Dunav Re a.d is a joint-stock reinsurance company. It provides reinsurance protection. It operates in countries such as Slovenia, Croatia, Bosnia and Herzegovina, Montenegro, Albania, Turkish part of Cyprus, Germany, Russia, Bulgaria, North Africa (Morocco, Algeria), Asia-Emirates.

Dunav Re a.d (XBEL:DNREM) Headlines

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