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Seef Properties BSC (BAH:SEEF) Debt-to-EBITDA : 1.37 (As of Mar. 2024)


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What is Seef Properties BSC Debt-to-EBITDA?

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

Seef Properties BSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BHD1.05 Mil. Seef Properties BSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was BHD8.99 Mil. Seef Properties BSC's annualized EBITDA for the quarter that ended in Mar. 2024 was BHD7.32 Mil. Seef Properties BSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.37.

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 Seef Properties BSC's Debt-to-EBITDA or its related term are showing as below:

BAH:SEEF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.56   Med: 1.08   Max: 2.62
Current: 1.26

During the past 13 years, the highest Debt-to-EBITDA Ratio of Seef Properties BSC was 2.62. The lowest was 0.56. And the median was 1.08.

BAH:SEEF's Debt-to-EBITDA is ranked better than
82.11% of 1263 companies
in the Real Estate industry
Industry Median: 5.74 vs BAH:SEEF: 1.26

Seef Properties BSC Debt-to-EBITDA Historical Data

The historical data trend for Seef Properties BSC'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.

Seef Properties BSC Debt-to-EBITDA Chart

Seef Properties BSC 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 0.72 2.25 2.62 1.58 1.25

Seef Properties BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.50 1.17 1.45 1.25 1.37

Competitive Comparison of Seef Properties BSC's Debt-to-EBITDA

For the Real Estate Services subindustry, Seef Properties BSC'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.


Seef Properties BSC's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Seef Properties BSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Seef Properties BSC's Debt-to-EBITDA falls into.



Seef Properties BSC Debt-to-EBITDA Calculation

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

Seef Properties BSC'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
=(1.029 + 9.265) / 8.236
=1.25

Seef Properties BSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.048 + 8.994) / 7.32
=1.37

* 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 (Mar. 2024) EBITDA data.


Seef Properties BSC  (BAH:SEEF) 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.


Seef Properties BSC Debt-to-EBITDA Related Terms

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


Seef Properties BSC (BAH:SEEF) Business Description

Traded in Other Exchanges
N/A
Address
Building 2102, Road 2825, Block 428, P.O. Box 20084,, Seef District, Manama, BHR
Seef Properties BSC is an integrated real estate development company in the Kingdom of Bahrain. The company specialised in developing and managing commercial leisure and recreational facilities. It also owns and manages three Seef Malls located in different areas around the Kingdom. Magic Island, is an Indoor theme park located within its Malls. Al Liwan, a mixed-use development project, and Fraser Suites Seef Bahrain serviced apartments located in Seef Mall and managed by Fraser Suites, a global hospitality brand.

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