Jordan Steel (AMM:JOST) Debt-to-EBITDA : 53.91 (As of Mar. 2024)

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What is Jordan Steel Debt-to-EBITDA?

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

Jordan Steel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD11.76 Mil. Jordan Steel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was JOD14.54 Mil. Jordan Steel's annualized EBITDA for the quarter that ended in Mar. 2024 was JOD0.49 Mil. Jordan Steel's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 53.91.

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 Jordan Steel's Debt-to-EBITDA or its related term are showing as below:

AMM:JOST' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.61 Med: 2.19 Max: 134.28
Current: -12.47

During the past 13 years, the highest Debt-to-EBITDA Ratio of Jordan Steel was 134.28. The lowest was -18.61. And the median was 2.19.

AMM:JOST's Debt-to-EBITDA is ranked worse than
100% of 485 companies
in the Steel industry
Industry Median: 2.8 vs AMM:JOST: -12.47

Jordan Steel Debt-to-EBITDA Historical Data

The historical data trend for Jordan Steel'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.

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Jordan Steel Debt-to-EBITDA Chart

Jordan Steel Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-5.65

-14.42

134.28

-13.65

-10.59

Jordan Steel 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															-151.12	-41.27	-17.05	-3.88	53.91

Competitive Comparison of Jordan Steel's Debt-to-EBITDA

For the Steel subindustry, Jordan Steel'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.

Jordan Steel's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Jordan Steel's Debt-to-EBITDA distribution charts can be found below:

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

Jordan Steel Debt-to-EBITDA Calculation

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

Jordan Steel'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
	=	(11.709	+	14.544)	/	-2.478
	=	-10.59

Jordan Steel'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
	=	(11.762	+	14.544)	/	0.488
	=	53.91

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.

Jordan Steel (AMM:JOST) 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.

Jordan Steel Debt-to-EBITDA Related Terms

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

Jordan Steel (AMM:JOST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Jordan Steel (AMM:JOST) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Scientific Islamic College Street, P.O Box 35165, Building Number 3, Al Mamar Al Thani, Amman, JOR, 11180

Website

http://www.jordansteelplc.com

Jordan Steel is a steel firm that specializes in the manufacturing of steel and iron products for the construction industry. The main activity of the company is to produce reinforcing steel and pull-through steel without heating to produce steel bars and for the production of iron skewers contributing to other companies, importing, exporting, marketing, concluding contracts and trade agreements, and borrowing the necessary funds from banks. The company's products include Concrete Reinforcement Steel Bars (Rebars), Flat and Square Bars, Standard Square Bars, and Plane Round Bars. It also manufactures steel billets and wire mesh products in different sizes.

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