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Naseej International Trading Co (SAU:1213) Debt-to-EBITDA : 7.29 (As of Mar. 2024)


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What is Naseej International Trading Co Debt-to-EBITDA?

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

Naseej International Trading Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼70.8 Mil. Naseej International Trading Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼110.6 Mil. Naseej International Trading Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ﷼24.9 Mil. Naseej International Trading Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 7.29.

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 Naseej International Trading Co's Debt-to-EBITDA or its related term are showing as below:

SAU:1213' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -61.95   Med: -6.12   Max: 6.64
Current: 5.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of Naseej International Trading Co was 6.64. The lowest was -61.95. And the median was -6.12.

SAU:1213's Debt-to-EBITDA is ranked worse than
82.4% of 341 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.95 vs SAU:1213: 5.51

Naseej International Trading Co Debt-to-EBITDA Historical Data

The historical data trend for Naseej International Trading Co'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.

Naseej International Trading Co Debt-to-EBITDA Chart

Naseej International Trading Co 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 -5.77 -8.40 -5.33 6.64 4.95

Naseej International Trading Co 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 4.24 5.44 6.10 5.29 7.29

Competitive Comparison of Naseej International Trading Co's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Naseej International Trading Co'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.


Naseej International Trading Co's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Naseej International Trading Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Naseej International Trading Co's Debt-to-EBITDA falls into.



Naseej International Trading Co Debt-to-EBITDA Calculation

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

Naseej International Trading Co'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
=(97.147 + 96.619) / 39.126
=4.95

Naseej International Trading Co'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
=(70.822 + 110.582) / 24.88
=7.29

* 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.


Naseej International Trading Co  (SAU:1213) 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.


Naseej International Trading Co Debt-to-EBITDA Related Terms

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


Naseej International Trading Co (SAU:1213) Business Description

Traded in Other Exchanges
N/A
Address
Area 1, Jeddah, SAU, 21441
Naseej International Trading Co is engaged in the import, export, wholesale, and retail trade in carpets and rugs, flooring, furniture and furnishings, antiques, office furniture, kitchens, blankets, bed sheets, curtain fabrics and accessories, and manufacturing of carpets and tuft and manufacturing of industrial yarn from polypropylene, nylon, processed polypropylene treatment and processed nylon (polyamide) and commercial services.

Naseej International Trading Co (SAU:1213) Headlines

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