Akdital (CAS:AKT) Debt-to-EBITDA : 1.50 (As of Jun. 2024)

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What is Akdital Debt-to-EBITDA?

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

Akdital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was MAD0 Mil. Akdital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was MAD1,040 Mil. Akdital's annualized EBITDA for the quarter that ended in Jun. 2024 was MAD693 Mil. Akdital's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 1.50.

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

CAS:AKT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.54 Med: 3.22 Max: 6.95
Current: 3

During the past 4 years, the highest Debt-to-EBITDA Ratio of Akdital was 6.95. The lowest was 1.54. And the median was 3.22.

CAS:AKT's Debt-to-EBITDA is ranked worse than
56.85% of 445 companies
in the Healthcare Providers & Services industry
Industry Median: 2.45 vs CAS:AKT: 3.00

Akdital Debt-to-EBITDA Historical Data

The historical data trend for Akdital'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.

Akdital Debt-to-EBITDA Chart

Akdital Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

6.95

3.53

2.92

1.54

Akdital Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial			3.82	4.64	1.68	1.17	1.50

Competitive Comparison of Akdital's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Akdital'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.

Akdital's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Akdital's Debt-to-EBITDA distribution charts can be found below:

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

Akdital Debt-to-EBITDA Calculation

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

Akdital's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	433.581)	/	280.935
	=	1.54

Akdital's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	1039.883)	/	692.87
	=	1.50

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 (Jun. 2024) EBITDA data.

Akdital (CAS:AKT) 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.

Akdital Debt-to-EBITDA Related Terms

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Akdital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Akdital (CAS:AKT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

258 Route de l’Oasis, Casablanca, MAR, 20250

Website

https://www.akdital.ma

Akdital operates private healthcare clinics. The company offers healthcare services such as cardiac surgery, neurosurgery, oncology, radiotherapy, intensive care, and neonatal care, providing patients with comprehensive care according to international standards.