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Independent Petroleum Group KSCP (KUW:IPG) Debt-to-EBITDA : 6.94 (As of Sep. 2024)


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What is Independent Petroleum Group KSCP Debt-to-EBITDA?

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

Independent Petroleum Group KSCP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD174 Mil. Independent Petroleum Group KSCP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD28 Mil. Independent Petroleum Group KSCP's annualized EBITDA for the quarter that ended in Sep. 2024 was KWD29 Mil. Independent Petroleum Group KSCP's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 6.94.

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 Independent Petroleum Group KSCP's Debt-to-EBITDA or its related term are showing as below:

KUW:IPG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.05   Med: 10.78   Max: 17.88
Current: 6.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Independent Petroleum Group KSCP was 17.88. The lowest was 6.05. And the median was 10.78.

KUW:IPG's Debt-to-EBITDA is ranked worse than
86.86% of 708 companies
in the Oil & Gas industry
Industry Median: 1.885 vs KUW:IPG: 6.05

Independent Petroleum Group KSCP Debt-to-EBITDA Historical Data

The historical data trend for Independent Petroleum Group KSCP'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.

Independent Petroleum Group KSCP Debt-to-EBITDA Chart

Independent Petroleum Group KSCP 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 7.18 9.67 11.87 10.18 7.77

Independent Petroleum Group KSCP Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 7.76 7.28 9.74 7.61 6.94

Competitive Comparison of Independent Petroleum Group KSCP's Debt-to-EBITDA

For the Oil & Gas Integrated subindustry, Independent Petroleum Group KSCP'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.


Independent Petroleum Group KSCP's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Independent Petroleum Group KSCP's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Independent Petroleum Group KSCP's Debt-to-EBITDA falls into.



Independent Petroleum Group KSCP Debt-to-EBITDA Calculation

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

Independent Petroleum Group KSCP'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
=(209.328 + 27.843) / 30.516
=7.77

Independent Petroleum Group KSCP's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(173.878 + 27.655) / 29.052
=6.94

* 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 (Sep. 2024) EBITDA data.


Independent Petroleum Group KSCP  (KUW:IPG) 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.


Independent Petroleum Group KSCP Debt-to-EBITDA Related Terms

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


Independent Petroleum Group KSCP Business Description

Traded in Other Exchanges
N/A
Address
Block 1A, Street 7, 4th Ring Road, P.O. Box 24027, Building, No. 18, Jabriya, Safat, KWT, 13101
Independent Petroleum Group KSCP is engaged in the trading and marketing of crude oil, petroleum products. The trading of crude oil and petroleum products is also related to storage and distribution operations. LPG, petrochemicals, and fertilizers. In addition to this core activity, it has interests in terminals, pipelines, and shipping. The company is involved in trading of the following petroleum products - Motor gasoline, Jet fuels, Crude oils, Gas, Asphalt, and Naphtha. The group operates in Europe, the Middle East, Europe and Asia and the Far East where Africa and the Middle East region generates maximum revenue.