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Al-Rajhi Co For Cooperative Insurance (SAU:8230) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is Al-Rajhi Co For Cooperative Insurance Debt-to-EBITDA?

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

Al-Rajhi Co For Cooperative Insurance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼6 Mil. Al-Rajhi Co For Cooperative Insurance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼36 Mil. Al-Rajhi Co For Cooperative Insurance's annualized EBITDA for the quarter that ended in Dec. 2023 was ﷼0 Mil.

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 Al-Rajhi Co For Cooperative Insurance's Debt-to-EBITDA or its related term are showing as below:

SAU:8230's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.415
* Ranked among companies with meaningful Debt-to-EBITDA only.

Al-Rajhi Co For Cooperative Insurance Debt-to-EBITDA Historical Data

The historical data trend for Al-Rajhi Co For Cooperative Insurance'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.

Al-Rajhi Co For Cooperative Insurance Debt-to-EBITDA Chart

Al-Rajhi Co For Cooperative Insurance Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Al-Rajhi Co For Cooperative Insurance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Al-Rajhi Co For Cooperative Insurance's Debt-to-EBITDA

For the Insurance - Property & Casualty subindustry, Al-Rajhi Co For Cooperative Insurance'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.


Al-Rajhi Co For Cooperative Insurance's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Al-Rajhi Co For Cooperative Insurance's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Al-Rajhi Co For Cooperative Insurance's Debt-to-EBITDA falls into.



Al-Rajhi Co For Cooperative Insurance Debt-to-EBITDA Calculation

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

Al-Rajhi Co For Cooperative Insurance'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
=(5.804 + 35.678) / N/A
=N/A

Al-Rajhi Co For Cooperative Insurance'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
=(5.804 + 35.678) / 0
=N/A

* 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.


Al-Rajhi Co For Cooperative Insurance  (SAU:8230) 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.


Al-Rajhi Co For Cooperative Insurance Debt-to-EBITDA Related Terms

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


Al-Rajhi Co For Cooperative Insurance (SAU:8230) Business Description

Traded in Other Exchanges
N/A
Address
3485-Ath Thummamah road, P.O.Box 67791, Al Rabie District, Riyadh, SAU, 11517
Al-Rajhi Co For Cooperative Insurance is engaged in the provision of cooperative insurance and reinsurance services. The purpose of the company is to conduct cooperative insurance operations and all related activities including re-takaful and agency activities. Its operating segments include Medical; Motor; Property and Casualty; and Protection and Savings.

Al-Rajhi Co For Cooperative Insurance (SAU:8230) Headlines

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