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BOC Kenya (NAI:BOC) Debt-to-EBITDA : 0.03 (As of Dec. 2022)


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What is BOC Kenya Debt-to-EBITDA?

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

BOC Kenya's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was KES1 Mil. BOC Kenya's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was KES8 Mil. BOC Kenya's annualized EBITDA for the quarter that ended in Dec. 2022 was KES307 Mil. BOC Kenya's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 0.03.

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 BOC Kenya's Debt-to-EBITDA or its related term are showing as below:

NAI:BOC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.04   Max: 0.2
Current: 0.03

During the past 11 years, the highest Debt-to-EBITDA Ratio of BOC Kenya was 0.20. The lowest was 0.03. And the median was 0.04.

NAI:BOC's Debt-to-EBITDA is ranked better than
96.96% of 1217 companies
in the Chemicals industry
Industry Median: 2.32 vs NAI:BOC: 0.03

BOC Kenya Debt-to-EBITDA Historical Data

The historical data trend for BOC Kenya'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.

BOC Kenya Debt-to-EBITDA Chart

BOC Kenya 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 0.20 0.04 0.04 0.03 0.03

BOC Kenya Semi-Annual Data
Dec12 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 Premium Member Only 0.20 0.04 0.04 0.03 0.03

Competitive Comparison of BOC Kenya's Debt-to-EBITDA

For the Chemicals subindustry, BOC Kenya'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.


BOC Kenya's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, BOC Kenya's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where BOC Kenya's Debt-to-EBITDA falls into.



BOC Kenya Debt-to-EBITDA Calculation

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

BOC Kenya'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
=(1.052 + 7.678) / 307.425
=0.03

BOC Kenya's annualized Debt-to-EBITDA for the quarter 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
=(1.052 + 7.678) / 307.425
=0.03

* 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 one times the quarterly (Dec. 2022) EBITDA data.


BOC Kenya  (NAI:BOC) 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.


BOC Kenya Debt-to-EBITDA Related Terms

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


BOC Kenya (NAI:BOC) Business Description

Traded in Other Exchanges
N/A
Address
Kitui Road, Off Kampala Road, P.O. Box 18010, Industrial Area, Nairobi, KEN, 00500
BOC Kenya PLC is engaged in the manufacture and sale of industrial gases, medical gases, and welding products. The company's segment based on regions consists of Kenya, Tanzania, and Uganda. Its product range consists of Bulk gases, Packaged gases, and Engineering services. Bulk gases include liquid oxygen and liquid nitrogen. Packaged gases comprise medical gases, industrial gases, and special gas mixtures, and liquefied petroleum gas. The engineering services include supplies of medical equipment, construction of medical and other gas pipelines, liquefied petroleum gas installations, tanks and pipelines, industrial gas storage and pipeline installations, and related maintenance services. The company generates majority of its revenue from the sale of medical and industrial gases.