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ADNOC Gas (ADX:ADNOCGAS) Debt-to-EBITDA : 0.07 (As of Dec. 2024)


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What is ADNOC Gas Debt-to-EBITDA?

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

ADNOC Gas's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was د.إ1,874 Mil. ADNOC Gas's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was د.إ96 Mil. ADNOC Gas's annualized EBITDA for the quarter that ended in Dec. 2024 was د.إ28,782 Mil. ADNOC Gas's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.07.

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 ADNOC Gas's Debt-to-EBITDA or its related term are showing as below:

ADX:ADNOCGAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.08
Current: 0.04

During the past 4 years, the highest Debt-to-EBITDA Ratio of ADNOC Gas was 0.08. The lowest was 0.04. And the median was 0.07.

ADX:ADNOCGAS's Debt-to-EBITDA is ranked better than
93.96% of 712 companies
in the Oil & Gas industry
Industry Median: 1.835 vs ADX:ADNOCGAS: 0.04

ADNOC Gas Debt-to-EBITDA Historical Data

The historical data trend for ADNOC Gas'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.

ADNOC Gas Debt-to-EBITDA Chart

ADNOC Gas Annual Data
Trend Dec20 Dec21 Dec23 Dec24
Debt-to-EBITDA
- - 0.08 0.07

ADNOC Gas Quarterly Data
Dec20 Dec21 Oct22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.07 0.07 0.07 0.07 0.07

Competitive Comparison of ADNOC Gas's Debt-to-EBITDA

For the Oil & Gas Integrated subindustry, ADNOC Gas'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.


ADNOC Gas's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ADNOC Gas's Debt-to-EBITDA distribution charts can be found below:

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


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ADNOC Gas Debt-to-EBITDA Calculation

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

ADNOC Gas's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1874.253 + 96.439) / 28883.986
=0.07

ADNOC Gas's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1874.253 + 96.439) / 28781.764
=0.07

* 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 (Dec. 2024) EBITDA data.


ADNOC Gas  (ADX:ADNOCGAS) 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.


ADNOC Gas Debt-to-EBITDA Related Terms

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


ADNOC Gas Business Description

Traded in Other Exchanges
N/A
Address
Khalifa Street, Sheikh Khalifa Energy Complex 1, Abu Dhabi, ARE
ADNOC Gas PLC is an integrated gas processing company. The Company is responsible for producing, processing, distributing, and marketing natural gas and its derivatives in the UAE and abroad. The company Gas operates a network of pipelines, processing plants, storage facilities, and export terminals that supply gas to various sectors, including power generation, water desalination, petrochemicals, industries, and households. The Company also exports liquefied natural gas (LNG) and liquefied petroleum gas (LPG) to regional and international markets.

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