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Jassim Transport & Stevedoring Co KSCC (KUW:JTC) Debt-to-EBITDA : 0.88 (As of Jun. 2024)


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What is Jassim Transport & Stevedoring Co KSCC Debt-to-EBITDA?

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

Jassim Transport & Stevedoring Co KSCC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was KWD1.96 Mil. Jassim Transport & Stevedoring Co KSCC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was KWD8.95 Mil. Jassim Transport & Stevedoring Co KSCC's annualized EBITDA for the quarter that ended in Jun. 2024 was KWD12.47 Mil. Jassim Transport & Stevedoring Co KSCC's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.88.

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 Jassim Transport & Stevedoring Co KSCC's Debt-to-EBITDA or its related term are showing as below:

KUW:JTC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.12   Med: 0.67   Max: 1.35
Current: 0.83

During the past 5 years, the highest Debt-to-EBITDA Ratio of Jassim Transport & Stevedoring Co KSCC was 1.35. The lowest was 0.12. And the median was 0.67.

KUW:JTC's Debt-to-EBITDA is ranked better than
81.49% of 859 companies
in the Transportation industry
Industry Median: 2.79 vs KUW:JTC: 0.83

Jassim Transport & Stevedoring Co KSCC Debt-to-EBITDA Historical Data

The historical data trend for Jassim Transport & Stevedoring Co KSCC'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.

Jassim Transport & Stevedoring Co KSCC Debt-to-EBITDA Chart

Jassim Transport & Stevedoring Co KSCC Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A 0.12 0.79 0.56 1.35

Jassim Transport & Stevedoring Co KSCC Quarterly Data
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 1.05 0.99 1.26 0.83 0.88

Competitive Comparison of Jassim Transport & Stevedoring Co KSCC's Debt-to-EBITDA

For the Trucking subindustry, Jassim Transport & Stevedoring Co KSCC'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.


Jassim Transport & Stevedoring Co KSCC's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Jassim Transport & Stevedoring Co KSCC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Jassim Transport & Stevedoring Co KSCC's Debt-to-EBITDA falls into.



Jassim Transport & Stevedoring Co KSCC Debt-to-EBITDA Calculation

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

Jassim Transport & Stevedoring Co KSCC'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
=(2.299 + 14.625) / 12.577
=1.35

Jassim Transport & Stevedoring Co KSCC'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
=(1.957 + 8.953) / 12.468
=0.88

* 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.


Jassim Transport & Stevedoring Co KSCC  (KUW:JTC) 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.


Jassim Transport & Stevedoring Co KSCC Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Jassim Transport & Stevedoring Co KSCC's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Jassim Transport & Stevedoring Co KSCC Business Description

Traded in Other Exchanges
N/A
Address
Saleh Sulaiman Al Jarah Real Estate Complex, Office 2, 5th floor, P.O. Box 22801, Mirqab, Area No 1, Building No 8, Safat, KWT, 13089
Jassim Transport & Stevedoring Co KSCC is a inland transportation company. It provides professional, high-quality and cost-effective solutions through four customer-focused operating divisions such as port management, contract logistics, equipment leasing and power rental. The majority of the revenue is earned in Kuwait.

Jassim Transport & Stevedoring Co KSCC Headlines

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