GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Mezzan Holding Co KSC (KUW:MEZZAN) » Definitions » Debt-to-EBITDA

Mezzan Holding Co KSC (KUW:MEZZAN) Debt-to-EBITDA : 2.29 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Mezzan Holding Co KSC Debt-to-EBITDA?

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

Mezzan Holding Co KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD91.0 Mil. Mezzan Holding Co KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD1.7 Mil. Mezzan Holding Co KSC's annualized EBITDA for the quarter that ended in Mar. 2024 was KWD40.5 Mil. Mezzan Holding Co KSC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 2.29.

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 Mezzan Holding Co KSC's Debt-to-EBITDA or its related term are showing as below:

KUW:MEZZAN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.49   Med: 3.24   Max: 7.6
Current: 3.12

During the past 9 years, the highest Debt-to-EBITDA Ratio of Mezzan Holding Co KSC was 7.60. The lowest was 1.49. And the median was 3.24.

KUW:MEZZAN's Debt-to-EBITDA is ranked worse than
60.52% of 1436 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs KUW:MEZZAN: 3.12

Mezzan Holding Co KSC Debt-to-EBITDA Historical Data

The historical data trend for Mezzan Holding Co 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.

Mezzan Holding Co KSC Debt-to-EBITDA Chart

Mezzan Holding Co KSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 5.11 2.97 3.50 7.60 3.24

Mezzan Holding Co KSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.52 4.05 3.62 2.81 2.29

Competitive Comparison of Mezzan Holding Co KSC's Debt-to-EBITDA

For the Packaged Foods subindustry, Mezzan Holding Co 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.


Mezzan Holding Co KSC's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Mezzan Holding Co KSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mezzan Holding Co KSC's Debt-to-EBITDA falls into.



Mezzan Holding Co KSC Debt-to-EBITDA Calculation

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

Mezzan Holding Co 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
=(88.416 + 2.02) / 27.935
=3.24

Mezzan Holding Co KSC'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
=(90.966 + 1.721) / 40.504
=2.29

* 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 (Mar. 2024) EBITDA data.


Mezzan Holding Co KSC  (KUW:MEZZAN) 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.


Mezzan Holding Co KSC Debt-to-EBITDA Related Terms

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


Mezzan Holding Co KSC (KUW:MEZZAN) Business Description

Traded in Other Exchanges
N/A
Address
Shuwaikh Industrial Area 3, Block 1A, Jassim Al Wazzan Sons Building, P.O Box: 124, Safat, KWT, 13002
Mezzan Holding Co KSC is engaged in the manufacturing, sale, and distribution of food and non-food products. It manufactures and distributes chips, snacks, meats, bottled water, and canned foods and is also involved in the catering business, providing meals to corporations, hotels, airlines, industrial sites, and government ministries. It operates in five segments namely: Food; Catering; Services; Fast Moving Consumer Goods, Healthcare Industrial; and Industrial. The firm derives most of its revenue from the Food segment. The company's geographical segments include Kuwait, Saudi Arabia, United Arab Emirates, Qatar, Jordan, Afghanistan, and Iraq.

Mezzan Holding Co KSC (KUW:MEZZAN) Headlines

No Headlines