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Alinma Retail REIT Fund (SAU:4345) Debt-to-EBITDA : 1.49 (As of Dec. 2023)


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What is Alinma Retail REIT Fund Debt-to-EBITDA?

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

Alinma Retail REIT Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼0.65 Mil. Alinma Retail REIT Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼61.42 Mil. Alinma Retail REIT Fund's annualized EBITDA for the quarter that ended in Dec. 2023 was ﷼41.78 Mil. Alinma Retail REIT Fund's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.49.

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

SAU:4345' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.07   Med: 0.26   Max: 1.91
Current: 1.91

During the past 6 years, the highest Debt-to-EBITDA Ratio of Alinma Retail REIT Fund was 1.91. The lowest was -0.07. And the median was 0.26.

SAU:4345's Debt-to-EBITDA is ranked better than
89% of 509 companies
in the REITs industry
Industry Median: 7.23 vs SAU:4345: 1.91

Alinma Retail REIT Fund Debt-to-EBITDA Historical Data

The historical data trend for Alinma Retail 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.

Alinma Retail REIT Fund Debt-to-EBITDA Chart

Alinma Retail REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.08 -0.07 0.46 0.26 1.91

Alinma Retail 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 Premium Member Only Premium Member Only Premium Member Only 0.43 0.15 0.71 2.68 1.49

Competitive Comparison of Alinma Retail REIT Fund's Debt-to-EBITDA

For the REIT - Retail subindustry, Alinma Retail 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.


Alinma Retail REIT Fund's Debt-to-EBITDA Distribution in the REITs Industry

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

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



Alinma Retail REIT Fund Debt-to-EBITDA Calculation

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

Alinma Retail 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
=(0.65 + 61.423) / 32.443
=1.91

Alinma Retail 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
=(0.65 + 61.423) / 41.782
=1.49

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


Alinma Retail REIT Fund  (SAU:4345) 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.


Alinma Retail REIT Fund Debt-to-EBITDA Related Terms

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


Alinma Retail REIT Fund (SAU:4345) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 55560, Al Anoud Tower 2, Riyadh, SAU, 11544
Alinma Retail REIT Fund is a closed-end real estate investment traded fund. The company invests in real estate assets within the Kingdom of Saudi Arabia to generate periodic rental income and potential of capital appreciation. It is focusing on the retail sector which includes retail shopping malls.

Alinma Retail REIT Fund (SAU:4345) Headlines

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