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Gulf Investment House KSC (KUW:GIH) Debt-to-EBITDA : 0.77 (As of Jun. 2024)


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What is Gulf Investment House KSC Debt-to-EBITDA?

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

Gulf Investment House KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was KWD0.00 Mil. Gulf Investment House KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was KWD2.79 Mil. Gulf Investment House KSC's annualized EBITDA for the quarter that ended in Jun. 2024 was KWD3.60 Mil. Gulf Investment House KSC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.77.

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 Gulf Investment House KSC's Debt-to-EBITDA or its related term are showing as below:

KUW:GIH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -44.82   Med: -22.52   Max: 2.11
Current: 2.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gulf Investment House KSC was 2.11. The lowest was -44.82. And the median was -22.52.

KUW:GIH's Debt-to-EBITDA is ranked worse than
57.39% of 352 companies
in the Asset Management industry
Industry Median: 1.445 vs KUW:GIH: 2.11

Gulf Investment House KSC Debt-to-EBITDA Historical Data

The historical data trend for Gulf Investment House KSC'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.

Gulf Investment House KSC Debt-to-EBITDA Chart

Gulf Investment House KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.04 -27.56 -44.82

Gulf Investment House KSC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 0.30 1.21 -0.90 0.95 0.77

Competitive Comparison of Gulf Investment House KSC's Debt-to-EBITDA

For the Asset Management subindustry, Gulf Investment House KSC'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.


Gulf Investment House KSC's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gulf Investment House KSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gulf Investment House KSC's Debt-to-EBITDA falls into.



Gulf Investment House KSC Debt-to-EBITDA Calculation

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

Gulf Investment House KSC'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
=(0.259 + 2.744) / -0.067
=-44.82

Gulf Investment House KSC'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 + 2.786) / 3.604
=0.77

* 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 (Jun. 2024) EBITDA data.


Gulf Investment House KSC  (KUW:GIH) 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.


Gulf Investment House KSC Debt-to-EBITDA Related Terms

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


Gulf Investment House KSC Business Description

Traded in Other Exchanges
Address
Sharq, Ahmad Al Jaber Street, P.O. Box 28808, 29th Floor, Dar Al-Awadi Tower, Safat, Kuwait City, KWT, 13149
Gulf Investment House KSC (GIH) is a financial services company. It is engaged in investment activities and related financial and advisory services. The company also trades and invests in properties. The company derives most of its revenue from Investment. The operating segments of the group are Investments and Real estate. It derives a majority of revenue from the Investments segment. It earns fees and commission income from a diverse range of asset management, investment banking, custody, and brokerage services provided to the customers.

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