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DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Debt-to-EBITDA : 9.40 (As of Dec. 2021)


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What is DAMAC Properties Dubai Co PJSC Debt-to-EBITDA?

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

DAMAC Properties Dubai Co PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was د.إ125 Mil. DAMAC Properties Dubai Co PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was د.إ2,604 Mil. DAMAC Properties Dubai Co PJSC's annualized EBITDA for the quarter that ended in Dec. 2021 was د.إ290 Mil. DAMAC Properties Dubai Co PJSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 was 9.40.

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 DAMAC Properties Dubai Co PJSC's Debt-to-EBITDA or its related term are showing as below:

DFM:DAMAC's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 6.01
* Ranked among companies with meaningful Debt-to-EBITDA only.

DAMAC Properties Dubai Co PJSC Debt-to-EBITDA Historical Data

The historical data trend for DAMAC Properties Dubai Co PJSC'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.

DAMAC Properties Dubai Co PJSC Debt-to-EBITDA Chart

DAMAC Properties Dubai Co PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial 1.55 3.29 12.37 -9.51 -11.14

DAMAC Properties Dubai Co PJSC Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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 2.25 -6.97 -15.93 -4.95 9.40

Competitive Comparison of DAMAC Properties Dubai Co PJSC's Debt-to-EBITDA

For the Real Estate - Development subindustry, DAMAC Properties Dubai Co PJSC'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.


DAMAC Properties Dubai Co PJSC's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, DAMAC Properties Dubai Co PJSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where DAMAC Properties Dubai Co PJSC's Debt-to-EBITDA falls into.



DAMAC Properties Dubai Co PJSC Debt-to-EBITDA Calculation

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

DAMAC Properties Dubai Co PJSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(124.834 + 2603.55) / -244.967
=-11.14

DAMAC Properties Dubai Co PJSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(124.834 + 2603.55) / 290.28
=9.40

* 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. 2021) EBITDA data.


DAMAC Properties Dubai Co PJSC  (DFM:DAMAC) 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.


DAMAC Properties Dubai Co PJSC Debt-to-EBITDA Related Terms

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


DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Business Description

Traded in Other Exchanges
N/A
Address
Al Barsha Heights (Tecom), P.O. Box 2195, Executive Heights Building, Dubai, ARE
DAMAC Properties Dubai Co PJSC along with its subsidiaries is engaged in the development of properties in the Middle East. It develops high-end and luxury residential, commercial and leisure properties across the UAE and internationally. The company derives a majority of revenue from the UAE region.

DAMAC Properties Dubai Co PJSC (DFM:DAMAC) Headlines

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