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Heavy Engineering Industries and Shipbuilding Co KSC (KUW:SHIP) Debt-to-EBITDA : 1.74 (As of Dec. 2024)


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What is Heavy Engineering Industries and Shipbuilding Co KSC Debt-to-EBITDA?

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

Heavy Engineering Industries and Shipbuilding Co KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was KWD39.9 Mil. Heavy Engineering Industries and Shipbuilding Co KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was KWD2.2 Mil. Heavy Engineering Industries and Shipbuilding Co KSC's annualized EBITDA for the quarter that ended in Dec. 2024 was KWD24.2 Mil. Heavy Engineering Industries and Shipbuilding Co KSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 1.74.

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 Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-EBITDA or its related term are showing as below:

KUW:SHIP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.74   Med: 2.27   Max: 3.23
Current: 2.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of Heavy Engineering Industries and Shipbuilding Co KSC was 3.23. The lowest was 1.74. And the median was 2.27.

KUW:SHIP's Debt-to-EBITDA is ranked worse than
52.38% of 1363 companies
in the Construction industry
Industry Median: 2.32 vs KUW:SHIP: 2.51

Heavy Engineering Industries and Shipbuilding Co KSC Debt-to-EBITDA Historical Data

The historical data trend for Heavy Engineering Industries and Shipbuilding 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.

Heavy Engineering Industries and Shipbuilding Co KSC Debt-to-EBITDA Chart

Heavy Engineering Industries and Shipbuilding Co KSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 2.28 3.23 1.90 2.51

Heavy Engineering Industries and Shipbuilding Co KSC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.24 2.57 2.81 2.38 1.74

Competitive Comparison of Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-EBITDA

For the Engineering & Construction subindustry, Heavy Engineering Industries and Shipbuilding 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.


Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-EBITDA falls into.


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Heavy Engineering Industries and Shipbuilding Co KSC Debt-to-EBITDA Calculation

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

Heavy Engineering Industries and Shipbuilding Co KSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(39.902 + 2.242) / 16.781
=2.51

Heavy Engineering Industries and Shipbuilding Co KSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(39.902 + 2.242) / 24.208
=1.74

* 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 (Dec. 2024) EBITDA data.


Heavy Engineering Industries and Shipbuilding Co KSC  (KUW:SHIP) 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.


Heavy Engineering Industries and Shipbuilding Co KSC Debt-to-EBITDA Related Terms

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


Heavy Engineering Industries and Shipbuilding Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Shuwaik Port, Gate No.7, P.O. Box 21998, Safat, Kuwait, KWT, 13080
Heavy Engineering Industries and Shipbuilding Co KSC is a Engineering, Procurement and Construction (EPC) Contracting company based in Kuwait with a diversified range of business in Oil and Gas, Petrochemicals, Power, Pressure Equipment Manufacturing, Shipbuilding & Repair, Dredging & Marine Construction, Civil Construction, Maintenance and other industrial services including Heavy Industry projects. The company offers a wide ranging fields of activities such as Shipyard Operations, Oil & Gas Construction Operations, Industrial Maintenance Operations, Fabrication Services Operations, Trading Operations, Testing & Calibration, Quality Control & Testing, etc.