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African Dawn Capital (JSE:ADW) Debt-to-EBITDA : -1.97 (As of Aug. 2023)


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What is African Dawn Capital Debt-to-EBITDA?

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

African Dawn Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R32.58 Mil. African Dawn Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R25.72 Mil. African Dawn Capital's annualized EBITDA for the quarter that ended in Aug. 2023 was R-29.67 Mil. African Dawn Capital's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was -1.96.

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 African Dawn Capital's Debt-to-EBITDA or its related term are showing as below:

JSE:ADW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.29   Med: -1.99   Max: 50.77
Current: -2.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of African Dawn Capital was 50.77. The lowest was -9.29. And the median was -1.99.

JSE:ADW's Debt-to-EBITDA is ranked worse than
100% of 258 companies
in the Credit Services industry
Industry Median: 7.625 vs JSE:ADW: -2.42

African Dawn Capital Debt-to-EBITDA Historical Data

The historical data trend for African Dawn Capital'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.

African Dawn Capital Debt-to-EBITDA Chart

African Dawn Capital Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.10 -1.33 -1.86 -3.24 -3.44

African Dawn Capital Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 -2.93 -3.20 -4.07 -2.77 -1.97

Competitive Comparison of African Dawn Capital's Debt-to-EBITDA

For the Credit Services subindustry, African Dawn Capital'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.


African Dawn Capital's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, African Dawn Capital's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where African Dawn Capital's Debt-to-EBITDA falls into.



African Dawn Capital Debt-to-EBITDA Calculation

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

African Dawn Capital's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(32.185 + 19.049) / -14.878
=-3.44

African Dawn Capital's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(32.579 + 25.717) / -29.67
=-1.96

* 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 two times the quarterly (Aug. 2023) EBITDA data.


African Dawn Capital  (JSE:ADW) 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.


African Dawn Capital Debt-to-EBITDA Related Terms

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


African Dawn Capital (JSE:ADW) Business Description

Traded in Other Exchanges
N/A
Address
Corner of Sonop and Ontdekkers Roads, 3rd Floor, The Village at Horizon, Horizon View, Johannesburg, GT, ZAF, 1724
African Dawn Capital Ltd operates as a microfinance company. The company's operating segment includes Investment advisory and investment management and Microfinance. It generates maximum revenue from the Microfinance segment. Geographically, it operates only in South Africa.

African Dawn Capital (JSE:ADW) Headlines

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