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Advanced Petrochemical Co (SAU:2330) Debt-to-EBITDA : 25.61 (As of Dec. 2023)


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What is Advanced Petrochemical Co Debt-to-EBITDA?

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

Advanced Petrochemical Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼12 Mil. Advanced Petrochemical Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼7,078 Mil. Advanced Petrochemical Co's annualized EBITDA for the quarter that ended in Dec. 2023 was ﷼277 Mil. Advanced Petrochemical Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 25.61.

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 Advanced Petrochemical Co's Debt-to-EBITDA or its related term are showing as below:

SAU:2330' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 1.11   Max: 19.86
Current: 19.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Advanced Petrochemical Co was 19.86. The lowest was 0.01. And the median was 1.11.

SAU:2330's Debt-to-EBITDA is ranked worse than
94.5% of 1218 companies
in the Chemicals industry
Industry Median: 2.29 vs SAU:2330: 19.86

Advanced Petrochemical Co Debt-to-EBITDA Historical Data

The historical data trend for Advanced Petrochemical Co'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.

Advanced Petrochemical Co Debt-to-EBITDA Chart

Advanced Petrochemical Co 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 0.01 0.02 0.96 7.73 19.86

Advanced Petrochemical Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 31.21 11.19 10.73 19.38 25.61

Competitive Comparison of Advanced Petrochemical Co's Debt-to-EBITDA

For the Chemicals subindustry, Advanced Petrochemical Co'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.


Advanced Petrochemical Co's Debt-to-EBITDA Distribution in the Chemicals Industry

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

* The bar in red indicates where Advanced Petrochemical Co's Debt-to-EBITDA falls into.



Advanced Petrochemical Co Debt-to-EBITDA Calculation

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

Advanced Petrochemical Co'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
=(11.551 + 7077.8) / 357.056
=19.86

Advanced Petrochemical Co's annualized Debt-to-EBITDA for the quarter 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
=(11.551 + 7077.8) / 276.804
=25.61

* 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 (Dec. 2023) EBITDA data.


Advanced Petrochemical Co  (SAU:2330) 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.


Advanced Petrochemical Co Debt-to-EBITDA Related Terms

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


Advanced Petrochemical Co (SAU:2330) Business Description

Traded in Other Exchanges
N/A
Address
Jubail Industrial, P.O.Box 11022, Jubail, SAU, 31961
Advanced Petrochemical Co produces and sells polypropylene, polysilicon, and polysilicon downstream products that include Photovoltaic cells and Photovoltaic. The company invests in industrial projects including petrochemical, chemical, basic and conversion industries and industries relating to renewable energy domestically and outside the Kingdom of Saudi Arabia. Its business is spread across the Middle East and North Africa region. Its products are used to manufacture various basic goods including personal care products, fresh food packaging, lightweight plastics and various others.

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