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IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Debt-to-EBITDA : 2.07 (As of Dec. 2023)


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What is IFA Hotels & Resorts Co KSCC Debt-to-EBITDA?

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

IFA Hotels & Resorts Co KSCC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD5.75 Mil. IFA Hotels & Resorts Co KSCC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD51.26 Mil. IFA Hotels & Resorts Co KSCC's annualized EBITDA for the quarter that ended in Dec. 2023 was KWD27.49 Mil. IFA Hotels & Resorts Co KSCC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.07.

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 IFA Hotels & Resorts Co KSCC's Debt-to-EBITDA or its related term are showing as below:

KUW:IFAHR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -25.83   Med: 6.18   Max: 63.22
Current: 2.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of IFA Hotels & Resorts Co KSCC was 63.22. The lowest was -25.83. And the median was 6.18.

KUW:IFAHR's Debt-to-EBITDA is ranked better than
75.18% of 1265 companies
in the Real Estate industry
Industry Median: 5.76 vs KUW:IFAHR: 2.28

IFA Hotels & Resorts Co KSCC Debt-to-EBITDA Historical Data

The historical data trend for IFA Hotels & Resorts Co KSCC'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.

IFA Hotels & Resorts Co KSCC Debt-to-EBITDA Chart

IFA Hotels & Resorts Co KSCC 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 -13.78 63.22 11.54 5.36 2.30

IFA Hotels & Resorts Co KSCC 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 14.30 5.78 9.85 1.02 2.07

Competitive Comparison of IFA Hotels & Resorts Co KSCC's Debt-to-EBITDA

For the Real Estate Services subindustry, IFA Hotels & Resorts Co KSCC'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.


IFA Hotels & Resorts Co KSCC's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, IFA Hotels & Resorts Co KSCC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where IFA Hotels & Resorts Co KSCC's Debt-to-EBITDA falls into.



IFA Hotels & Resorts Co KSCC Debt-to-EBITDA Calculation

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

IFA Hotels & Resorts Co KSCC'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
=(5.75 + 51.26) / 24.774
=2.30

IFA Hotels & Resorts Co KSCC'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
=(5.75 + 51.26) / 27.488
=2.07

* 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.


IFA Hotels & Resorts Co KSCC  (KUW:IFAHR) 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.


IFA Hotels & Resorts Co KSCC Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of IFA Hotels & Resorts Co KSCC's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Business Description

Traded in Other Exchanges
N/A
Address
Souk Al-Kuwait Building, Block A, P.O. Box 4694, 8th Floor, Al Abdul Razzak Square, Safat, Kuwait City, KWT, 13047
IFA Hotels & Resorts Co KSCC is engaged in the development and operations of mixed-use hotel and tourism resort projects and luxury leisure services. In addition, it invests in the land; and engages in property development activities. The company operates in four reportable segments namely property development, hoteliering, investments, and others. The majority of the revenue is generated from the property development segment. Its geographical segments include Kuwait, United Arab Emirates & Asia, Africa, and others, of which majority revenue comes from the United Arab Emirates & Asia.

IFA Hotels & Resorts Co KSCC (KUW:IFAHR) Headlines

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