Al Ansari Financial Services (DFM:ALANSARI) Debt-to-EBITDA : 0.60 (As of Mar. 2024)

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What is Al Ansari Financial Services Debt-to-EBITDA?

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

Al Ansari Financial Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ279 Mil. Al Ansari Financial Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ42 Mil. Al Ansari Financial Services's annualized EBITDA for the quarter that ended in Mar. 2024 was د.إ533 Mil. Al Ansari Financial Services's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.60.

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 Ansari Financial Services's Debt-to-EBITDA or its related term are showing as below:

DFM:ALANSARI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.1 Med: 0.24 Max: 0.72
Current: 0.56

During the past 5 years, the highest Debt-to-EBITDA Ratio of Al Ansari Financial Services was 0.72. The lowest was 0.10. And the median was 0.24.

DFM:ALANSARI's Debt-to-EBITDA is ranked better than
68.45% of 412 companies
in the Capital Markets industry
Industry Median: 1.565 vs DFM:ALANSARI: 0.56

Al Ansari Financial Services Debt-to-EBITDA Historical Data

The historical data trend for Al Ansari Financial Services'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 Ansari Financial Services Debt-to-EBITDA Chart

Al Ansari Financial Services Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.24

0.14

0.10

0.63

0.72

Al Ansari Financial Services Quarterly Data
	Dec19	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial						-	0.93	0.19	0.79	0.60

Competitive Comparison of Al Ansari Financial Services's Debt-to-EBITDA

For the Capital Markets subindustry, Al Ansari Financial Services'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 Ansari Financial Services's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Al Ansari Financial Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Al Ansari Financial Services's Debt-to-EBITDA falls into.

Al Ansari Financial Services Debt-to-EBITDA Calculation

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

Al Ansari Financial Services'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
	=	(383.522	+	44.55)	/	593.53
	=	0.72

Al Ansari Financial Services'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
	=	(279.295	+	41.938)	/	533.012
	=	0.60

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.

Al Ansari Financial Services (DFM:ALANSARI) 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 Ansari Financial Services Debt-to-EBITDA Related Terms

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

Al Ansari Financial Services (DFM:ALANSARI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Al Ansari Financial Services (DFM:ALANSARI) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE

Website

https://www.aafs.ae

Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

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