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Afaq Holding for Investment & Real Estate Development Co (AMM:MANR) Debt-to-EBITDA : 22.10 (As of Sep. 2023)


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What is Afaq Holding for Investment & Real Estate Development Co Debt-to-EBITDA?

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

Afaq Holding for Investment & Real Estate Development Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was JOD21.41 Mil. Afaq Holding for Investment & Real Estate Development Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was JOD18.28 Mil. Afaq Holding for Investment & Real Estate Development Co's annualized EBITDA for the quarter that ended in Sep. 2023 was JOD1.80 Mil. Afaq Holding for Investment & Real Estate Development Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 22.10.

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 Afaq Holding for Investment & Real Estate Development Co's Debt-to-EBITDA or its related term are showing as below:

AMM:MANR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -52.43   Med: 0.32   Max: 46.91
Current: -52.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of Afaq Holding for Investment & Real Estate Development Co was 46.91. The lowest was -52.43. And the median was 0.32.

AMM:MANR's Debt-to-EBITDA is not ranked
in the Building Materials industry.
Industry Median: 2.15 vs AMM:MANR: -52.43

Afaq Holding for Investment & Real Estate Development Co Debt-to-EBITDA Historical Data

The historical data trend for Afaq Holding for Investment & Real Estate Development Co'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.

Afaq Holding for Investment & Real Estate Development Co Debt-to-EBITDA Chart

Afaq Holding for Investment & Real Estate Development Co 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 0.36 46.91 -17.56 -2.77 -

Afaq Holding for Investment & Real Estate Development Co Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 20.57 - - - 22.10

Competitive Comparison of Afaq Holding for Investment & Real Estate Development Co's Debt-to-EBITDA

For the Building Materials subindustry, Afaq Holding for Investment & Real Estate Development Co'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.


Afaq Holding for Investment & Real Estate Development Co's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Afaq Holding for Investment & Real Estate Development Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Afaq Holding for Investment & Real Estate Development Co's Debt-to-EBITDA falls into.



Afaq Holding for Investment & Real Estate Development Co Debt-to-EBITDA Calculation

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

Afaq Holding for Investment & Real Estate Development Co'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
=(0 + 0) / -2.834
=0.00

Afaq Holding for Investment & Real Estate Development Co'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
=(21.408 + 18.278) / 1.796
=22.10

* 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. 2023) EBITDA data.


Afaq Holding for Investment & Real Estate Development Co  (AMM:MANR) 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.


Afaq Holding for Investment & Real Estate Development Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Afaq Holding for Investment & Real Estate Development Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Afaq Holding for Investment & Real Estate Development Co (AMM:MANR) Business Description

Traded in Other Exchanges
N/A
Address
King Abdullah II Street 302, 8th circle, Amman, JOR, 11623
Afaq Holding for Investment & Real Estate Development Co PLC is a Jordan based investment company. It is engaged in the management of its subsidiaries; investing its cash in shares, bonds, and securities; lending loans, guarantees, and financing to its subsidiaries; and ownership of patents, trademarks, franchise rights and other tangible rights and the exploitation and leasing to its subsidiaries.

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