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Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Debt-to-EBITDA : 3.06 (As of Mar. 2024)


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What is Munshaat Real Estate Projects Co KSCC Debt-to-EBITDA?

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

Munshaat Real Estate Projects Co KSCC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD6.08 Mil. Munshaat Real Estate Projects Co KSCC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD46.15 Mil. Munshaat Real Estate Projects Co KSCC's annualized EBITDA for the quarter that ended in Mar. 2024 was KWD17.08 Mil. Munshaat Real Estate Projects Co KSCC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 3.06.

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 Munshaat Real Estate Projects Co KSCC's Debt-to-EBITDA or its related term are showing as below:

KUW:MUNSHAAT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.19   Med: 2.74   Max: 10.87
Current: 2.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Munshaat Real Estate Projects Co KSCC was 10.87. The lowest was -8.19. And the median was 2.74.

KUW:MUNSHAAT's Debt-to-EBITDA is ranked better than
73.08% of 1263 companies
in the Real Estate industry
Industry Median: 5.76 vs KUW:MUNSHAAT: 2.48

Munshaat Real Estate Projects Co KSCC Debt-to-EBITDA Historical Data

The historical data trend for Munshaat Real Estate Projects Co KSCC'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.

Munshaat Real Estate Projects Co KSCC Debt-to-EBITDA Chart

Munshaat Real Estate Projects Co KSCC 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 10.87 -2.75 -6.59 8.33 2.68

Munshaat Real Estate Projects Co KSCC 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 4.14 2.77 1.55 8.78 3.06

Competitive Comparison of Munshaat Real Estate Projects Co KSCC's Debt-to-EBITDA

For the Real Estate Services subindustry, Munshaat Real Estate Projects Co KSCC'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.


Munshaat Real Estate Projects Co KSCC's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Munshaat Real Estate Projects Co KSCC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Munshaat Real Estate Projects Co KSCC's Debt-to-EBITDA falls into.



Munshaat Real Estate Projects Co KSCC Debt-to-EBITDA Calculation

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

Munshaat Real Estate Projects Co KSCC'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
=(6.048 + 45.796) / 19.361
=2.68

Munshaat Real Estate Projects Co KSCC'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
=(6.083 + 46.149) / 17.08
=3.06

* 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.


Munshaat Real Estate Projects Co KSCC  (KUW:MUNSHAAT) 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.


Munshaat Real Estate Projects Co KSCC Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Munshaat Real Estate Projects Co KSCC's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Business Description

Traded in Other Exchanges
N/A
Address
Al-Shuhada Street, Al-Arraya Tower 2, Floor 43, Sharq, Kuwait City, KWT
Munshaat Real Estate Projects Co KSCC is a real estate company. The company's operations predominantly consist of owning, selling and purchasing real estates and lands as well as developing them inside and outside Kuwait, and also managing the properties of others. The company is organized into two business segments - Real Estate segment comprises purchase, sale, development, renting, hotel operations and managing of properties; and Investment segment is involved in managing a portfolio of investments. Its primary geographic markets are Kuwait and Gulf Cooperation Council countries.

Munshaat Real Estate Projects Co KSCC (KUW:MUNSHAAT) Headlines

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