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Irbid District Electricity (AMM:IREL) Debt-to-EBITDA : 0.03 (As of Dec. 2024)


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What is Irbid District Electricity Debt-to-EBITDA?

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

Irbid District Electricity's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was JOD0.3 Mil. Irbid District Electricity's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was JOD0.8 Mil. Irbid District Electricity's annualized EBITDA for the quarter that ended in Dec. 2024 was JOD41.5 Mil. Irbid District Electricity's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.03.

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 Irbid District Electricity's Debt-to-EBITDA or its related term are showing as below:

AMM:IREL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.04   Med: 2.31   Max: 3.2
Current: 0.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of Irbid District Electricity was 3.20. The lowest was 0.04. And the median was 2.31.

AMM:IREL's Debt-to-EBITDA is ranked better than
97.74% of 443 companies
in the Utilities - Regulated industry
Industry Median: 3.95 vs AMM:IREL: 0.04

Irbid District Electricity Debt-to-EBITDA Historical Data

The historical data trend for Irbid District Electricity'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.

Irbid District Electricity Debt-to-EBITDA Chart

Irbid District Electricity Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.33 0.89 3.20 0.05

Irbid District Electricity Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 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 -9.10 4.72 3.12 2.18 0.03

Competitive Comparison of Irbid District Electricity's Debt-to-EBITDA

For the Utilities - Regulated Electric subindustry, Irbid District Electricity'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.


Irbid District Electricity's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Irbid District Electricity's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Irbid District Electricity's Debt-to-EBITDA falls into.


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Irbid District Electricity Debt-to-EBITDA Calculation

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

Irbid District Electricity'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
=(0.308 + 0.795) / 21.83
=0.05

Irbid District Electricity'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
=(0.308 + 0.795) / 41.456
=0.03

* 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.


Irbid District Electricity  (AMM:IREL) 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.


Irbid District Electricity Debt-to-EBITDA Related Terms

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


Irbid District Electricity Business Description

Traded in Other Exchanges
N/A
Address
Ratib Al Batayneh Street, P.O. Box 46, Irbid Main Building, Irbid, JOR, 21110
Irbid District Electricity is engaged in the generation, transmission, and distribution of electric power in Jordan. The main activities of the company are to distribute electric power and to provide it to retail customers in the north of Jordan including Irbid, Mafraq, Jerash, and Ajloun.

Irbid District Electricity Headlines

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