TECOM Group PJSC (DFM:TECOM) Debt-to-EBITDA : 2.38 (As of Mar. 2024)

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What is TECOM Group PJSC Debt-to-EBITDA?

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

TECOM Group PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ0 Mil. TECOM Group PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ4,355 Mil. TECOM Group PJSC's annualized EBITDA for the quarter that ended in Mar. 2024 was د.إ1,833 Mil. TECOM Group PJSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.38.

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 TECOM Group PJSC's Debt-to-EBITDA or its related term are showing as below:

DFM:TECOM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.36 Med: 3.18 Max: 3.33
Current: 2.36

During the past 5 years, the highest Debt-to-EBITDA Ratio of TECOM Group PJSC was 3.33. The lowest was 2.36. And the median was 3.18.

DFM:TECOM's Debt-to-EBITDA is ranked better than
74.05% of 1264 companies
in the Real Estate industry
Industry Median: 5.9 vs DFM:TECOM: 2.36

TECOM Group PJSC Debt-to-EBITDA Historical Data

The historical data trend for TECOM Group 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.

TECOM Group PJSC Debt-to-EBITDA Chart

TECOM Group PJSC Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

2.57

3.18

3.33

3.21

2.42

TECOM Group PJSC Quarterly Data
	Dec19	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial									2.65	2.48	2.56	2.08	2.38

Competitive Comparison of TECOM Group PJSC's Debt-to-EBITDA

For the Real Estate Services subindustry, TECOM Group 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.

TECOM Group PJSC's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, TECOM Group PJSC's Debt-to-EBITDA distribution charts can be found below:

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

TECOM Group PJSC Debt-to-EBITDA Calculation

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

TECOM Group PJSC'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
	=	(0	+	4351.767)	/	1798.597
	=	2.42

TECOM Group PJSC'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
	=	(0	+	4355.219)	/	1833.324
	=	2.38

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.

TECOM Group PJSC (DFM:TECOM) 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.

TECOM Group PJSC Debt-to-EBITDA Related Terms

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

TECOM Group PJSC (DFM:TECOM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » TECOM Group PJSC (DFM:TECOM) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Commercial Building No. 1, Dubai Studio City , P.O. Box 66000, Dubai, ARE

Website

https://www.tecomgroup.ae

TECOM Group PJSC is a central player in Dubai's business hub proposition and is strongly positioned to benefit from the commercial real estate market and the sustained growth of its broader economy. It offers a range of properties and services to customers. The company divides its operations into four financial segments namely commercial leasing, industrial leasing, land leasing and services, and others.

TECOM Group PJSC (DFM:TECOM) Headlines

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