Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Debt-to-EBITDA : 2.47 (As of Sep. 2023)

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What is Alpha Dhabi Holding PJSC Debt-to-EBITDA?

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

Alpha Dhabi Holding PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was د.إ2,273 Mil. Alpha Dhabi Holding PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was د.إ20,110 Mil. Alpha Dhabi Holding PJSC's annualized EBITDA for the quarter that ended in Sep. 2023 was د.إ9,067 Mil. Alpha Dhabi Holding PJSC's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.47.

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 Alpha Dhabi Holding PJSC's Debt-to-EBITDA or its related term are showing as below:

ADX:ALPHADHABI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.04 Med: 1.56 Max: 1.65
Current: 1.33

During the past 3 years, the highest Debt-to-EBITDA Ratio of Alpha Dhabi Holding PJSC was 1.65. The lowest was 1.04. And the median was 1.56.

ADX:ALPHADHABI's Debt-to-EBITDA is ranked better than
72.77% of 415 companies
in the Conglomerates industry
Industry Median: 3.12 vs ADX:ALPHADHABI: 1.33

Alpha Dhabi Holding PJSC Debt-to-EBITDA Historical Data

The historical data trend for Alpha Dhabi Holding PJSC'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.

Alpha Dhabi Holding PJSC Debt-to-EBITDA Chart

Alpha Dhabi Holding PJSC Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-EBITDA

1.65

1.04

1.56

Alpha Dhabi Holding PJSC Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial									2.75	1.92	0.62	1.44	2.47

Competitive Comparison of Alpha Dhabi Holding PJSC's Debt-to-EBITDA

For the Conglomerates subindustry, Alpha Dhabi Holding PJSC'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.

Alpha Dhabi Holding PJSC's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Alpha Dhabi Holding PJSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Alpha Dhabi Holding PJSC's Debt-to-EBITDA falls into.

Alpha Dhabi Holding PJSC Debt-to-EBITDA Calculation

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

Alpha Dhabi Holding PJSC'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
	=	(1484.359	+	19221.004)	/	13271.545
	=	1.56

Alpha Dhabi Holding PJSC's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2272.968	+	20109.821)	/	9066.868
	=	2.47

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. 2023) EBITDA data.

Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) 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.

Alpha Dhabi Holding PJSC Debt-to-EBITDA Related Terms

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

Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Alpha Dhabi Holding PJSC (ADX:ALPHADHABI) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

108, Al Muntazah Street, Office 1003, Level 10, TwoFour54 Building 6, P.O. Box 111059, Adjacent Park Rotana Hotel, Abu Dhabi, ARE

Website

https://www.alphadhabi.com

Alpha Dhabi Holding PJSC is an investment holding company in the UAE. It invests in five major verticals namely industrials, which relates to the providing of dredging and associated land reclamation works; healthcare, which includes hospital and medical laboratory management services and laboratory diagnostic services; Construction segment provides contracting services relating to saleable and residential buildings, infrastructure development and civil construction works; Real estate, which includes rental income from properties and income from investment in real estate companies or sale of real estate; and Services, which comprise management services, hospitality income as well as a variety of smaller ancillary activities. It generates the majority of its revenue from the UAE.

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