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Al Rashid Industrial Co (SAU:9580) Debt-to-EBITDA : N/A (As of Dec. 2022)


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What is Al Rashid Industrial Co Debt-to-EBITDA?

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

Al Rashid Industrial Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ﷼13.5 Mil. Al Rashid Industrial Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was ﷼1.8 Mil. Al Rashid Industrial Co's annualized EBITDA for the quarter that ended in Dec. 2022 was ﷼0.0 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 Rashid Industrial Co's Debt-to-EBITDA or its related term are showing as below:

During the past 2 years, the highest Debt-to-EBITDA Ratio of Al Rashid Industrial Co was 0.55. The lowest was 0.44. And the median was 0.50.

SAU:9580's Debt-to-EBITDA is not ranked *
in the Packaging & Containers industry.
Industry Median: 2.62
* Ranked among companies with meaningful Debt-to-EBITDA only.

Al Rashid Industrial Co Debt-to-EBITDA Historical Data

The historical data trend for Al Rashid Industrial 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.

Al Rashid Industrial Co Debt-to-EBITDA Chart

Al Rashid Industrial Co Annual Data
Trend Dec22 Dec23
Debt-to-EBITDA
0.55 0.44

Al Rashid Industrial Co Quarterly Data
Dec22 Dec23
Debt-to-EBITDA N/A N/A

Competitive Comparison of Al Rashid Industrial Co's Debt-to-EBITDA

For the Packaging & Containers subindustry, Al Rashid Industrial 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.


Al Rashid Industrial Co's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Al Rashid Industrial Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Al Rashid Industrial Co's Debt-to-EBITDA falls into.



Al Rashid Industrial Co Debt-to-EBITDA Calculation

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

Al Rashid Industrial 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
=(13.385 + 1.155) / 32.882
=0.44

Al Rashid Industrial Co's annualized Debt-to-EBITDA for the quarter 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
=(13.486 + 1.793) / 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. 2022) EBITDA data.


Al Rashid Industrial Co  (SAU:9580) 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 Rashid Industrial Co Debt-to-EBITDA Related Terms

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


Al Rashid Industrial Co (SAU:9580) Business Description

Traded in Other Exchanges
N/A
Address
New Industrial City, 7960, Riyadh, SAU, 143322
Al Rashid Industrial Co is a company engaged in the production of many plastic products through drawing, injection, thermoforming and blowing techniques. All of these lines serve multiple commercial sectors, including food packaging and household appliances, date packaging, sweets and pastries, as well as single-use food containers.

Al Rashid Industrial Co (SAU:9580) Headlines

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