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Mercedes-Benz Group AG (XTER:MBG) Debt-to-EBITDA : 5.03 (As of Sep. 2024)


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What is Mercedes-Benz Group AG Debt-to-EBITDA?

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

Mercedes-Benz Group AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €29,556 Mil. Mercedes-Benz Group AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €61,557 Mil. Mercedes-Benz Group AG's annualized EBITDA for the quarter that ended in Sep. 2024 was €18,120 Mil. Mercedes-Benz Group AG's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 5.03.

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 Mercedes-Benz Group AG's Debt-to-EBITDA or its related term are showing as below:

XTER:MBG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.1   Med: 4.77   Max: 10.61
Current: 4.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mercedes-Benz Group AG was 10.61. The lowest was 3.10. And the median was 4.77.

XTER:MBG's Debt-to-EBITDA is ranked worse than
72.11% of 1054 companies
in the Vehicles & Parts industry
Industry Median: 2.31 vs XTER:MBG: 4.01

Mercedes-Benz Group AG Debt-to-EBITDA Historical Data

The historical data trend for Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG Debt-to-EBITDA Chart

Mercedes-Benz Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.61 7.46 4.04 3.10 3.18

Mercedes-Benz Group AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 3.17 3.36 3.78 3.81 5.03

Competitive Comparison of Mercedes-Benz Group AG's Debt-to-EBITDA

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.


Mercedes-Benz Group AG's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mercedes-Benz Group AG's Debt-to-EBITDA falls into.



Mercedes-Benz Group AG Debt-to-EBITDA Calculation

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

Mercedes-Benz Group AG'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
=(32117 + 55093) / 27438
=3.18

Mercedes-Benz Group AG's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(29556 + 61557) / 18120
=5.03

* 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 (Sep. 2024) EBITDA data.


Mercedes-Benz Group AG  (XTER:MBG) 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.


Mercedes-Benz Group AG Debt-to-EBITDA Related Terms

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


Mercedes-Benz Group AG Business Description

Address
Mercedesstrasse 120, Stuttgart, BW, DEU, 70372
Based in Stuttgart, Germany, Mercedes-Benz Group makes premium and luxury passenger vehicles and commercial vans. Brands include Mercedes-Benz, AMG, and Maybach. Mercedes-Benz Mobility provides the company's dealers and its customers with vehicle financing as well as mobility services in ride hailing, car sharing, and charging. Mercedes owns 9.74% of Aston Martin and 9.55% of Beijing Automotive Group. Through Tenaciou3 Prospect Investment, Li Shufu, chair of Chinese automaker Geely, owns 9.69% of Mercedes-Benz. Other major shareholders include Beijing Automotive Group at 9.98% and Kuwait Investment Authority at 4.9% (6.8% before the sale of a 1.9% stake in March 2023).
Executives
Dr. Martin Brudermüller Supervisory Board
Dr. Frank Weber Supervisory Board
Bader M. Al Saad Supervisory Board
Sari Baldauf Supervisory Board
Ben Van Beurden Supervisory Board
Dr. Bernd Pischetsrieder Supervisory Board
Timotheus Höttges Supervisory Board
Petraea Heynike Supervisory Board
Dr. Manfred Bischoff Supervisory Board
Josef Kaeser Supervisory Board
Dr. Jürgen Hambrecht Supervisory Board