Al Rajhi REIT Fund (SAU:4340) Debt-to-EBITDA : 3.68 (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Al Rajhi REIT Fund Debt-to-EBITDA?

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

Al Rajhi REIT Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼0.0 Mil. Al Rajhi REIT Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼896.4 Mil. Al Rajhi REIT Fund's annualized EBITDA for the quarter that ended in Dec. 2023 was ﷼243.3 Mil. Al Rajhi REIT Fund's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.68.

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 Al Rajhi REIT Fund's Debt-to-EBITDA or its related term are showing as below:

SAU:4340' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.31 Med: 5.66 Max: 11.6
Current: 5.4

During the past 6 years, the highest Debt-to-EBITDA Ratio of Al Rajhi REIT Fund was 11.60. The lowest was -6.31. And the median was 5.66.

SAU:4340's Debt-to-EBITDA is ranked better than
66.21% of 509 companies
in the REITs industry
Industry Median: 7.23 vs SAU:4340: 5.40

Al Rajhi REIT Fund Debt-to-EBITDA Historical Data

The historical data trend for Al Rajhi REIT Fund'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.

Al Rajhi REIT Fund Debt-to-EBITDA Chart

Al Rajhi REIT Fund Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

8.47

11.60

-6.31

5.09

5.40

Al Rajhi REIT Fund Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial						46.13	4.73	5.51	10.11	3.68

Competitive Comparison of Al Rajhi REIT Fund's Debt-to-EBITDA

For the REIT - Diversified subindustry, Al Rajhi REIT Fund'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.

Al Rajhi REIT Fund's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Al Rajhi REIT Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Al Rajhi REIT Fund's Debt-to-EBITDA falls into.

Al Rajhi REIT Fund Debt-to-EBITDA Calculation

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

Al Rajhi REIT Fund'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	+	896.4)	/	165.98
	=	5.40

Al Rajhi REIT Fund'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
	=	(0	+	896.4)	/	243.316
	=	3.68

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 two times the quarterly (Dec. 2023) EBITDA data.

Al Rajhi REIT Fund (SAU:4340) 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.

Al Rajhi REIT Fund Debt-to-EBITDA Related Terms

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

Al Rajhi REIT Fund (SAU:4340) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Al Rajhi REIT Fund (SAU:4340) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

King Fahad Road, Unit No. 1, PO Box 5561, Al Muruj District, Riyadh, SAU, 11432

Website

https://www.alrajhi-capital.com

Al Rajhi REIT Fund is a close-ended real estate investment traded fund. The investment objective of the company is to invest in income-generating real estate assets. It is divided into four divisions namely Brokerage, Asset Management, Investment Banking, and Research. The Brokerage Division offers a comprehensive brokerage and execution service, The Asset management division manages global, regional, and local mutual funds. Investment Banking offers a complete range of strategic financial advisory services, including debt and equity structuring and arranging to assist clients in achieving their business and financial goals The research division focuses on delivering detailed investment analysis of regional and international equity, markets, and economies.

Al Rajhi REIT Fund (SAU:4340) Headlines

No Headlines