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National Industries Co KSC (KUW:NICBM) Debt-to-EBITDA : 0.34 (As of Mar. 2024)


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What is National Industries Co KSC Debt-to-EBITDA?

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

National Industries Co KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD4.03 Mil. National Industries Co KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD0.80 Mil. National Industries Co KSC's annualized EBITDA for the quarter that ended in Mar. 2024 was KWD14.02 Mil. National Industries Co KSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.34.

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 National Industries Co KSC's Debt-to-EBITDA or its related term are showing as below:

KUW:NICBM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05   Med: 0.26   Max: 1.34
Current: 0.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of National Industries Co KSC was 1.34. The lowest was 0.05. And the median was 0.26.

KUW:NICBM's Debt-to-EBITDA is ranked better than
82.67% of 1310 companies
in the Construction industry
Industry Median: 2.31 vs KUW:NICBM: 0.44

National Industries Co KSC Debt-to-EBITDA Historical Data

The historical data trend for National Industries Co KSC'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.

National Industries Co KSC Debt-to-EBITDA Chart

National Industries Co KSC 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 0.23 1.34 0.44 0.33 0.29

National Industries Co KSC 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 0.49 0.26 0.28 0.27 0.34

Competitive Comparison of National Industries Co KSC's Debt-to-EBITDA

For the Building Products & Equipment subindustry, National Industries Co KSC'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.


National Industries Co KSC's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, National Industries Co KSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where National Industries Co KSC's Debt-to-EBITDA falls into.



National Industries Co KSC Debt-to-EBITDA Calculation

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

National Industries Co KSC'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
=(2.432 + 0.156) / 8.958
=0.29

National Industries Co KSC'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
=(4.025 + 0.798) / 14.016
=0.34

* 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.


National Industries Co KSC  (KUW:NICBM) 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.


National Industries Co KSC Debt-to-EBITDA Related Terms

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


National Industries Co KSC (KUW:NICBM) Business Description

Traded in Other Exchanges
N/A
Address
Jahra Road and International Airport Road, South Shuwaikh, PO Box 3314, Safat, Kuwait City, KWT, 13034
National Industries Co KSC is a company specializing in the manufacture and marketing of building materials and infrastructure products in the State of Kuwait. The business has four business segments which include building materials and contracting services, the Oil sector, Real estate, and investments. The majority of its revenue derives from the building materials and contracting services segment.

National Industries Co KSC (KUW:NICBM) Headlines

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