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Amir Marketing & Investments In Agriculture (XTAE:AMRK) Debt-to-EBITDA : 1.65 (As of Dec. 2023)


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What is Amir Marketing & Investments In Agriculture Debt-to-EBITDA?

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

Amir Marketing & Investments In Agriculture's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪101 Mil. Amir Marketing & Investments In Agriculture's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₪33 Mil. Amir Marketing & Investments In Agriculture's annualized EBITDA for the quarter that ended in Dec. 2023 was ₪81 Mil. Amir Marketing & Investments In Agriculture's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.65.

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 Amir Marketing & Investments In Agriculture's Debt-to-EBITDA or its related term are showing as below:

XTAE:AMRK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.74   Med: 1.74   Max: 5.31
Current: 2.08

During the past 11 years, the highest Debt-to-EBITDA Ratio of Amir Marketing & Investments In Agriculture was 5.31. The lowest was 0.74. And the median was 1.74.

XTAE:AMRK's Debt-to-EBITDA is ranked worse than
53.71% of 175 companies
in the Agriculture industry
Industry Median: 1.99 vs XTAE:AMRK: 2.08

Amir Marketing & Investments In Agriculture Debt-to-EBITDA Historical Data

The historical data trend for Amir Marketing & Investments In Agriculture'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.

Amir Marketing & Investments In Agriculture Debt-to-EBITDA Chart

Amir Marketing & Investments In Agriculture 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 3.38 1.13 0.74 5.31 2.08

Amir Marketing & Investments In Agriculture 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 -1.52 3.03 2.03 1.95 1.65

Competitive Comparison of Amir Marketing & Investments In Agriculture's Debt-to-EBITDA

For the Agricultural Inputs subindustry, Amir Marketing & Investments In Agriculture'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.


Amir Marketing & Investments In Agriculture's Debt-to-EBITDA Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Amir Marketing & Investments In Agriculture's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Amir Marketing & Investments In Agriculture's Debt-to-EBITDA falls into.



Amir Marketing & Investments In Agriculture Debt-to-EBITDA Calculation

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

Amir Marketing & Investments In Agriculture'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
=(100.9 + 33.436) / 64.751
=2.07

Amir Marketing & Investments In Agriculture'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
=(100.9 + 33.436) / 81.324
=1.65

* 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.


Amir Marketing & Investments In Agriculture  (XTAE:AMRK) 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.


Amir Marketing & Investments In Agriculture Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Amir Marketing & Investments In Agriculture's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Amir Marketing & Investments In Agriculture (XTAE:AMRK) Business Description

Traded in Other Exchanges
N/A
Address
10 Emek Hefer Industrial Park, Deer creek, Hefer, ISR, 38777
Amir Marketing & Investments In Agriculture Ltd markets and supplies agricultural products such as pesticides, insecticide, fertilizers, packages, technical equipment's, covers for the hothouses, pruning shears & other tools and irrigation equipment's. The company is also engaged in food mixtures for animals goats, sheeps, chickens, goose and more. Approximately 60% of the company's clients is private farmers and others are traders and private company.