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Meridian AD (XBLB:MRDN-R-A) Debt-to-EBITDA : 2.91 (As of Dec. 2013)


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What is Meridian AD Debt-to-EBITDA?

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

Meridian AD's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was BAM1.44 Mil. Meridian AD's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was BAM0.84 Mil. Meridian AD's annualized EBITDA for the quarter that ended in Dec. 2013 was BAM0.78 Mil. Meridian AD's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2013 was 2.91.

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 Meridian AD's Debt-to-EBITDA or its related term are showing as below:

XBLB:MRDN-R-A's Debt-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 2.83
* Ranked among companies with meaningful Debt-to-EBITDA only.

Meridian AD Debt-to-EBITDA Historical Data

The historical data trend for Meridian AD'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.

Meridian AD Debt-to-EBITDA Chart

Meridian AD Annual Data
Trend Dec11 Dec12 Dec13 Dec14
Debt-to-EBITDA
3.16 2.29 2.93 1.90

Meridian AD Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Dec14
Debt-to-EBITDA Get a 7-Day Free Trial - 2.28 2.57 2.91 N/A

Competitive Comparison of Meridian AD's Debt-to-EBITDA

For the Integrated Freight & Logistics subindustry, Meridian AD'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.


Meridian AD's Debt-to-EBITDA Distribution in the Transportation Industry

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

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



Meridian AD Debt-to-EBITDA Calculation

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

Meridian AD's Debt-to-EBITDA for the fiscal year that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.287 + 0.543) / 0.962
=1.90

Meridian AD's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.437 + 0.839) / 0.782
=2.91

* 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 (Dec. 2013) EBITDA data.


Meridian AD  (XBLB:MRDN-R-A) 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.


Meridian AD Debt-to-EBITDA Related Terms

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


Meridian AD (XBLB:MRDN-R-A) Business Description

Traded in Other Exchanges
N/A
Address
Veselina Maslese 21/II, Banja Luka, BIH, 78000
Meridian AD operates in integrated shipping and logistics industry in Bosnia and Herzegovina. The services offered by the company include organization of transport, collective transport, customs brokerage, storage of goods, and consulting.

Meridian AD (XBLB:MRDN-R-A) Headlines

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