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Africa Prudential (NSA:AFRIPRUD) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Africa Prudential Debt-to-EBITDA?

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

Africa Prudential's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₦0.0 Mil. Africa Prudential's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₦0.0 Mil. Africa Prudential's annualized EBITDA for the quarter that ended in Mar. 2024 was ₦1,271.3 Mil. Africa Prudential's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.00.

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 Africa Prudential's Debt-to-EBITDA or its related term are showing as below:

NSA:AFRIPRUD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.61
Current: 0.01

During the past 9 years, the highest Debt-to-EBITDA Ratio of Africa Prudential was 1.61. The lowest was 0.00. And the median was 0.00.

NSA:AFRIPRUD's Debt-to-EBITDA is ranked better than
99.72% of 359 companies
in the Asset Management industry
Industry Median: 1.33 vs NSA:AFRIPRUD: 0.01

Africa Prudential Debt-to-EBITDA Historical Data

The historical data trend for Africa Prudential'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.

Africa Prudential Debt-to-EBITDA Chart

Africa Prudential Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 0.01 - - - -

Africa Prudential Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - 0.01 0.01 N/A -

Competitive Comparison of Africa Prudential's Debt-to-EBITDA

For the Asset Management subindustry, Africa Prudential'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.


Africa Prudential's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Africa Prudential's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Africa Prudential's Debt-to-EBITDA falls into.



Africa Prudential Debt-to-EBITDA Calculation

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

Africa Prudential'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
=(0 + 0) / 1550.146
=0.00

Africa Prudential'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
=(0 + 0) / 1271.268
=0.00

* 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.


Africa Prudential  (NSA:AFRIPRUD) 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.


Africa Prudential Debt-to-EBITDA Related Terms

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


Africa Prudential (NSA:AFRIPRUD) Business Description

Traded in Other Exchanges
N/A
Address
220B, Ikorodu Road, Palmgrove, Lagos, NGA
Africa Prudential PLC is an investor service and business solutions, provider. The company's competency in digital technology covers advanced Agile and other Software Development life Circle (SDLC) Methodologies, Cyber Security, Cloud Computing, Design thinking/product Development Labs, Blockchain technology, among others. The Company deploys Software as a Service ( SaaS) which are scalable for various sizes of organizations.

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