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Saudi Real Estate Co (SAU:4020) Debt-to-EBITDA : 6.97 (As of Mar. 2024)


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What is Saudi Real Estate Co Debt-to-EBITDA?

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

Saudi Real Estate Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼156 Mil. Saudi Real Estate Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼3,053 Mil. Saudi Real Estate Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ﷼461 Mil. Saudi Real Estate Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 6.97.

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

SAU:4020' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -130.93   Med: 7.74   Max: 16.51
Current: 6.59

During the past 13 years, the highest Debt-to-EBITDA Ratio of Saudi Real Estate Co was 16.51. The lowest was -130.93. And the median was 7.74.

SAU:4020's Debt-to-EBITDA is ranked worse than
53.56% of 1264 companies
in the Real Estate industry
Industry Median: 5.9 vs SAU:4020: 6.59

Saudi Real Estate Co Debt-to-EBITDA Historical Data

The historical data trend for Saudi Real Estate 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.

Saudi Real Estate Co Debt-to-EBITDA Chart

Saudi Real Estate 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 -63.52 -130.93 15.12 8.63 6.86

Saudi Real Estate Co 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 7.83 66.01 9.11 3.04 6.97

Competitive Comparison of Saudi Real Estate Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Saudi Real Estate 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.


Saudi Real Estate Co's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Saudi Real Estate Co Debt-to-EBITDA Calculation

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

Saudi Real Estate 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
=(149.62 + 3130.384) / 478.185
=6.86

Saudi Real Estate Co'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
=(156.155 + 3053.268) / 460.76
=6.97

* 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.


Saudi Real Estate Co  (SAU:4020) 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.


Saudi Real Estate Co Debt-to-EBITDA Related Terms

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


Saudi Real Estate Co (SAU:4020) Business Description

Traded in Other Exchanges
N/A
Address
Main Olaya Street, Akaria Center Plaza, 5th Floor, P.O Box 3572, Riyadh, SAU, 11481
Saudi Real Estate Co is engaged in real estate development and services which include the design, construction, maintenance, and management of commercial and residential buildings. Some of the existing projects of the company are Real Estate 2, Real Estate 3, Manazel Real Estate and many more. It has four reportable segments namely the Residential sector and Commercial sectors, Service sector and Head office.

Saudi Real Estate Co (SAU:4020) Headlines

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