Custodian Investment (NSA:CUSTODIAN) Debt-to-EBITDA : 0.08 (As of Sep. 2023)

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What is Custodian Investment Debt-to-EBITDA?

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

Custodian Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₦2,147 Mil. Custodian Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was ₦0 Mil. Custodian Investment's annualized EBITDA for the quarter that ended in Sep. 2023 was ₦26,602 Mil. Custodian Investment's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.08.

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 Custodian Investment's Debt-to-EBITDA or its related term are showing as below:

NSA:CUSTODIAN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.1 Med: 0.37 Max: 0.4
Current: 0.1

During the past 11 years, the highest Debt-to-EBITDA Ratio of Custodian Investment was 0.40. The lowest was 0.10. And the median was 0.37.

NSA:CUSTODIAN's Debt-to-EBITDA is ranked better than
89.93% of 298 companies
in the Insurance industry
Industry Median: 1.43 vs NSA:CUSTODIAN: 0.10

Custodian Investment Debt-to-EBITDA Historical Data

The historical data trend for Custodian Investment'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.

Custodian Investment Debt-to-EBITDA Chart

Custodian Investment Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

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0.36

0.19

0.15

Custodian Investment Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															0.36	0.09	0.19	0.10	0.08

Competitive Comparison of Custodian Investment's Debt-to-EBITDA

For the Insurance - Diversified subindustry, Custodian Investment'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.

Custodian Investment's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Custodian Investment's Debt-to-EBITDA distribution charts can be found below:

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

Custodian Investment Debt-to-EBITDA Calculation

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

Custodian Investment'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
	=	(2179.173	+	0)	/	14679.539
	=	0.15

Custodian Investment's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2146.881	+	0)	/	26602.408
	=	0.08

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 (Sep. 2023) EBITDA data.

Custodian Investment (NSA:CUSTODIAN) 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.

Custodian Investment Debt-to-EBITDA Related Terms

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

Custodian Investment (NSA:CUSTODIAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Custodian Investment PLC (NSA:CUSTODIAN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

16A, Commercial Avenue, Custodian House, P.O. Box 2101, Sabo, Yaba, Lagos, NGA

Website

https://www.custodianplc.com.ng

Custodian Investment PLC is an investment holding company in Nigeria. It operates in five segments. In the Non-life business segment, it offers insurance products like engineering, aviation, marine liability, motor liability, oil and energy, fire, and property for personal and corporate customers. In the Life business segment, it offers life insurance products including annuity, endowment, and investment-oriented products. The pension administration segment includes the administration and management of the retirement benefits of members. Trustees and others segment includes trustee management and corporate services. A vast majority of revenues is received from the non-life business segment within Nigeria.

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