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AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Debt-to-EBITDA : 0.19 (As of Dec. 2023)


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What is AlMuneef Co For Trade Industry Agriculture And Contracting Debt-to-EBITDA?

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

AlMuneef Co For Trade Industry Agriculture And Contracting's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼1.1 Mil. AlMuneef Co For Trade Industry Agriculture And Contracting's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼3.8 Mil. AlMuneef Co For Trade Industry Agriculture And Contracting's annualized EBITDA for the quarter that ended in Dec. 2023 was ﷼25.2 Mil. AlMuneef Co For Trade Industry Agriculture And Contracting's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.19.

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 AlMuneef Co For Trade Industry Agriculture And Contracting's Debt-to-EBITDA or its related term are showing as below:

SAU:9569' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.18   Med: 0.18   Max: 0.18
Current: 0.18

During the past 3 years, the highest Debt-to-EBITDA Ratio of AlMuneef Co For Trade Industry Agriculture And Contracting was 0.18. The lowest was 0.18. And the median was 0.18.

SAU:9569's Debt-to-EBITDA is ranked better than
89.14% of 175 companies
in the Agriculture industry
Industry Median: 1.99 vs SAU:9569: 0.18

AlMuneef Co For Trade Industry Agriculture And Contracting Debt-to-EBITDA Historical Data

The historical data trend for AlMuneef Co For Trade Industry Agriculture And Contracting'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.

AlMuneef Co For Trade Industry Agriculture And Contracting Debt-to-EBITDA Chart

AlMuneef Co For Trade Industry Agriculture And Contracting Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A 0.18 0.18

AlMuneef Co For Trade Industry Agriculture And Contracting Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA - 0.19 0.17 0.19

Competitive Comparison of AlMuneef Co For Trade Industry Agriculture And Contracting's Debt-to-EBITDA

For the Agricultural Inputs subindustry, AlMuneef Co For Trade Industry Agriculture And Contracting'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.


AlMuneef Co For Trade Industry Agriculture And Contracting's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, AlMuneef Co For Trade Industry Agriculture And Contracting's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where AlMuneef Co For Trade Industry Agriculture And Contracting's Debt-to-EBITDA falls into.



AlMuneef Co For Trade Industry Agriculture And Contracting Debt-to-EBITDA Calculation

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

AlMuneef Co For Trade Industry Agriculture And Contracting'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
=(1.072 + 3.788) / 27.191
=0.18

AlMuneef Co For Trade Industry Agriculture And Contracting'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
=(1.072 + 3.788) / 25.212
=0.19

* 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 two times the quarterly (Dec. 2023) EBITDA data.


AlMuneef Co For Trade Industry Agriculture And Contracting  (SAU:9569) 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.


AlMuneef Co For Trade Industry Agriculture And Contracting Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of AlMuneef Co For Trade Industry Agriculture And Contracting's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Business Description

Traded in Other Exchanges
N/A
Address
Building No. 5065, Unit No. 1, Al-Manakh District, Riyadh, SAU, 14314
AlMuneef Co For Trade Industry Agriculture And Contracting is engaged in the business which includes operating quarries, cutting and sawing marble, renovation of residential and non-residential buildings, wholesale of chemical fertilizers and soil conditioners, and pesticides, as listed in the commercial register. wholesale of pesticides, wholesale of health pesticides, and retail of pesticides. Fuel for automobiles and motorcycles (gas stations), retail of seedlings and saplings of agricultural products, retail of plant seeds, fertilizers, and soil conditioners, retail of agricultural pesticides, land transportation of goods, silo storage of grains, flour, and agricultural products.

AlMuneef Co For Trade Industry Agriculture And Contracting (SAU:9569) Headlines

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