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Mabanee Co KPSC (KUW:MABANEE) Debt-to-EBITDA : 5.78 (As of Mar. 2024)


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What is Mabanee Co KPSC Debt-to-EBITDA?

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

Mabanee Co KPSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD94.7 Mil. Mabanee Co KPSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD531.7 Mil. Mabanee Co KPSC's annualized EBITDA for the quarter that ended in Mar. 2024 was KWD108.3 Mil. Mabanee Co KPSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 5.78.

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 Mabanee Co KPSC's Debt-to-EBITDA or its related term are showing as below:

KUW:MABANEE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.72   Med: 4.59   Max: 8.09
Current: 5.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of Mabanee Co KPSC was 8.09. The lowest was 2.72. And the median was 4.59.

KUW:MABANEE's Debt-to-EBITDA is ranked worse than
50.04% of 1265 companies
in the Real Estate industry
Industry Median: 5.76 vs KUW:MABANEE: 5.76

Mabanee Co KPSC Debt-to-EBITDA Historical Data

The historical data trend for Mabanee Co KPSC'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.

Mabanee Co KPSC Debt-to-EBITDA Chart

Mabanee Co KPSC 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 4.61 8.09 5.01 4.43 5.31

Mabanee Co KPSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.30 4.21 4.44 4.56 5.78

Competitive Comparison of Mabanee Co KPSC's Debt-to-EBITDA

For the Real Estate Services subindustry, Mabanee Co KPSC'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.


Mabanee Co KPSC's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Mabanee Co KPSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mabanee Co KPSC's Debt-to-EBITDA falls into.



Mabanee Co KPSC Debt-to-EBITDA Calculation

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

Mabanee Co KPSC'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
=(46.079 + 516.876) / 106.02
=5.31

Mabanee Co KPSC'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
=(94.7 + 531.68) / 108.296
=5.78

* 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 (Mar. 2024) EBITDA data.


Mabanee Co KPSC  (KUW:MABANEE) 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.


Mabanee Co KPSC Debt-to-EBITDA Related Terms

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


Mabanee Co KPSC (KUW:MABANEE) Business Description

Traded in Other Exchanges
N/A
Address
Al Rai Area, Sheikh Zayed bin Sultan Al Nahyan Road, P.O. Box 5132, The Avenues - 2nd Avenue, Entrance 9, Safat, Kuwait, KWT, 13052
Mabanee Co KPSC is a Kuwait-based company which sells, purchases, develops, and operates real estate properties in Kuwait and abroad, including hotels, guest houses, residential and touristic complexes. The company operates through business segments namely Construction and real estate investment, Financial investments, and Hotel operations. It generates maximum revenue from Construction and real estate investment segment. The Construction and real estate investment segment include real estate development, project leasing and construction activity for self or others.

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