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Kuwait and Gulf Link Transport Co (KUW:KGL) Debt-to-EBITDA : 6.01 (As of Sep. 2024)


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What is Kuwait and Gulf Link Transport Co Debt-to-EBITDA?

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

Kuwait and Gulf Link Transport Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD19.1 Mil. Kuwait and Gulf Link Transport Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD52.5 Mil. Kuwait and Gulf Link Transport Co's annualized EBITDA for the quarter that ended in Sep. 2024 was KWD11.9 Mil. Kuwait and Gulf Link Transport Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 6.01.

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 Kuwait and Gulf Link Transport Co's Debt-to-EBITDA or its related term are showing as below:

KUW:KGL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -30.57   Med: 9.34   Max: 77.63
Current: 77.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kuwait and Gulf Link Transport Co was 77.63. The lowest was -30.57. And the median was 9.34.

KUW:KGL's Debt-to-EBITDA is ranked worse than
98.95% of 857 companies
in the Transportation industry
Industry Median: 2.59 vs KUW:KGL: 77.63

Kuwait and Gulf Link Transport Co Debt-to-EBITDA Historical Data

The historical data trend for Kuwait and Gulf Link Transport Co'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.

Kuwait and Gulf Link Transport Co Debt-to-EBITDA Chart

Kuwait and Gulf Link Transport Co 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 10.54 -30.57 19.58 5.82 61.77

Kuwait and Gulf Link Transport Co 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 10.05 -2.37 7.36 5.76 6.01

Competitive Comparison of Kuwait and Gulf Link Transport Co's Debt-to-EBITDA

For the Integrated Freight & Logistics subindustry, Kuwait and Gulf Link Transport Co'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.


Kuwait and Gulf Link Transport Co's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Kuwait and Gulf Link Transport Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kuwait and Gulf Link Transport Co's Debt-to-EBITDA falls into.


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Kuwait and Gulf Link Transport Co Debt-to-EBITDA Calculation

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

Kuwait and Gulf Link Transport Co'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
=(15.877 + 57.503) / 1.188
=61.77

Kuwait and Gulf Link Transport Co'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
=(19.121 + 52.535) / 11.92
=6.01

* 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.


Kuwait and Gulf Link Transport Co  (KUW:KGL) 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.


Kuwait and Gulf Link Transport Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Kuwait and Gulf Link Transport Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Kuwait and Gulf Link Transport Co Business Description

Traded in Other Exchanges
N/A
Address
Sharq, Dasman Complex, Block 2, P.O. Box 22351, 9th Floor, Safat, Kuwait, KWT, 13084
Kuwait and Gulf Link Transport Co are engaged in the logistics and land transportation business. The company's activities include general cargo and stevedoring services at seaports, container terminal operations, general cargo transport, and handling services, container transport, and handling services, heavy equipment lease services, heavy-lift transport services, fuel haulage services, municipal service, and cleaning services. Its operating segment includes Transportation; Logistics services; Rental & leasing services and others. The company generates maximum revenue from the Logistics services segment.

Kuwait and Gulf Link Transport Co Headlines

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