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Deyaar Development PJSC (DFM:DEYAAR) Debt-to-EBITDA : 1.59 (As of Mar. 2024)


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What is Deyaar Development PJSC Debt-to-EBITDA?

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

Deyaar Development PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ80 Mil. Deyaar Development PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ526 Mil. Deyaar Development PJSC's annualized EBITDA for the quarter that ended in Mar. 2024 was د.إ381 Mil. Deyaar Development PJSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 1.59.

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 Deyaar Development PJSC's Debt-to-EBITDA or its related term are showing as below:

DFM:DEYAAR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.24   Med: 3.15   Max: 8.47
Current: 1.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Deyaar Development PJSC was 8.47. The lowest was -5.24. And the median was 3.15.

DFM:DEYAAR's Debt-to-EBITDA is ranked better than
83.35% of 1261 companies
in the Real Estate industry
Industry Median: 5.95 vs DFM:DEYAAR: 1.13

Deyaar Development PJSC Debt-to-EBITDA Historical Data

The historical data trend for Deyaar Development 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.

Deyaar Development PJSC Debt-to-EBITDA Chart

Deyaar Development PJSC 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 8.47 -5.24 8.26 4.76 1.25

Deyaar Development PJSC 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 3.02 2.16 1.25 0.72 1.59

Competitive Comparison of Deyaar Development PJSC's Debt-to-EBITDA

For the Real Estate - Development subindustry, Deyaar Development 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.


Deyaar Development PJSC's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Deyaar Development PJSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Deyaar Development PJSC's Debt-to-EBITDA falls into.



Deyaar Development PJSC Debt-to-EBITDA Calculation

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

Deyaar Development PJSC'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
=(93.224 + 551.093) / 517.635
=1.24

Deyaar Development PJSC'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
=(79.525 + 525.992) / 380.54
=1.59

* 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.


Deyaar Development PJSC  (DFM:DEYAAR) 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.


Deyaar Development PJSC Debt-to-EBITDA Related Terms

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


Deyaar Development PJSC (DFM:DEYAAR) Business Description

Traded in Other Exchanges
N/A
Address
Deyaar Building, Level 5, P.O. Box 30833, Besides Mall of the Emirates, Al Barsha, Dubai, ARE
Deyaar Development PJSC is a real estate development company in Dubai. It has projects in Business Bay, Dubai Marina, Al Barsha, Jumeirah Lake Towers, Dubai Production City, and Dubai Silicon Oasis among other locations. The company's projects include residential tower developments, commercial tower developments, and hospitality developments. The company's business operations are divided into three segments: Property Development, and Properties and facilities Management and Hospitality related activities. The Property Development segment develops residential, commercial, and retail space for sale and lease. The Property Development segment is responsible for generating the majority of the company's revenue.

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