Crown Paints Kenya (NAI:CRWN) Debt-to-EBITDA : 1.60 (As of Dec. 2022)

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What is Crown Paints Kenya Debt-to-EBITDA?

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

Crown Paints Kenya's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was KES2,357 Mil. Crown Paints Kenya's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was KES401 Mil. Crown Paints Kenya's annualized EBITDA for the quarter that ended in Dec. 2022 was KES1,729 Mil. Crown Paints Kenya's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 1.60.

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 Crown Paints Kenya's Debt-to-EBITDA or its related term are showing as below:

NAI:CRWN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.8 Med: 2.09 Max: 3.2
Current: 1.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Crown Paints Kenya was 3.20. The lowest was 0.80. And the median was 2.09.

NAI:CRWN's Debt-to-EBITDA is ranked better than
62.59% of 1211 companies
in the Chemicals industry
Industry Median: 2.36 vs NAI:CRWN: 1.60

Crown Paints Kenya Debt-to-EBITDA Historical Data

The historical data trend for Crown Paints Kenya'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.

Crown Paints Kenya Debt-to-EBITDA Chart

Crown Paints Kenya Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

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2.83

2.11

1.07

0.80

1.60

Crown Paints Kenya Semi-Annual Data
	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22
Debt-to-EBITDA	Get a 7-Day Free Trial										2.83	2.11	1.07	0.80	1.60

Competitive Comparison of Crown Paints Kenya's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Crown Paints Kenya'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.

Crown Paints Kenya's Debt-to-EBITDA Distribution in the Chemicals Industry

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

* The bar in red indicates where Crown Paints Kenya's Debt-to-EBITDA falls into.

Crown Paints Kenya Debt-to-EBITDA Calculation

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

Crown Paints Kenya'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
	=	(2357.11	+	401.145)	/	1728.786
	=	1.60

Crown Paints Kenya's annualized Debt-to-EBITDA for the quarter 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
	=	(2357.11	+	401.145)	/	1728.786
	=	1.60

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 one times the quarterly (Dec. 2022) EBITDA data.

Crown Paints Kenya (NAI:CRWN) 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.

Crown Paints Kenya Debt-to-EBITDA Related Terms

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

Crown Paints Kenya (NAI:CRWN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Crown Paints Kenya Ltd (NAI:CRWN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Likoni Road, Industrial Area, P.O. Box 78848, Nairobi, KEN, 00507

Website

https://www.crownpaints.co.ke

Crown Paints Kenya Ltd is a Kenya-based paint manufacturer. The company comprises two business segments - Paints and Adhesives. The Paints segment manufactures and sells paints, decorating sundries, polyvinyl acetate emulsion, and alkyd resins producer. The Adhesives segment manufactures and sells adhesives. It offers decorative paints, automotive paints, industrial paints, road marking paints, and thinners. The company generates majority of its revenue from Paints segment. The company does its sales via geographical segments that include Kenya, Uganda, Tanzania, Rwanda, and others.