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Future Arab Investment (AMM:FUTR) Debt-to-EBITDA : 5.69 (As of Mar. 2024)


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What is Future Arab Investment Debt-to-EBITDA?

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

Future Arab Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD5.74 Mil. Future Arab Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD0.22 Mil. Future Arab Investment's annualized EBITDA for the quarter that ended in Mar. 2024 was JOD1.05 Mil. Future Arab Investment's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 5.69.

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 Future Arab Investment's Debt-to-EBITDA or its related term are showing as below:

AMM:FUTR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -122.29   Med: 1.74   Max: 48.28
Current: 41.67

During the past 13 years, the highest Debt-to-EBITDA Ratio of Future Arab Investment was 48.28. The lowest was -122.29. And the median was 1.74.

AMM:FUTR's Debt-to-EBITDA is ranked worse than
98.78% of 823 companies
in the Business Services industry
Industry Median: 1.92 vs AMM:FUTR: 41.67

Future Arab Investment Debt-to-EBITDA Historical Data

The historical data trend for Future Arab Investment'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.

Future Arab Investment Debt-to-EBITDA Chart

Future Arab Investment 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 -40.43 -10.50 15.31 3.75 41.99

Future Arab Investment 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 5.43 10.20 7.59 -3.34 5.69

Competitive Comparison of Future Arab Investment's Debt-to-EBITDA

For the Specialty Business Services subindustry, Future Arab Investment'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.


Future Arab Investment's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Future Arab Investment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Future Arab Investment's Debt-to-EBITDA falls into.



Future Arab Investment Debt-to-EBITDA Calculation

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

Future Arab Investment'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
=(5.362 + 0.306) / 0.135
=41.99

Future Arab Investment'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
=(5.737 + 0.222) / 1.048
=5.69

* 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.


Future Arab Investment  (AMM:FUTR) 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.


Future Arab Investment Debt-to-EBITDA Related Terms

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


Future Arab Investment (AMM:FUTR) Business Description

Traded in Other Exchanges
N/A
Address
128 Sharif Naser Street, Sport City Circle, P.O. Box 20082, Quqa Group Building, Al-Shimaisani, Amman, JOR, 11118
Future Arab Investment is a Jordan-based company engaged in the provision of investment project surveys. It is involved in the establishment, development, sale, rental, and management of movable and immovable properties; contribution to other companies; business development; and project management. The revenue is earned from the sale of vehicles, machines, and raw materials; rendering of services; and dividend and interest income.

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