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Sokouk Holding Co K C (KUW:SOKOUK) Debt-to-EBITDA : 6.11 (As of Dec. 2024)


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What is Sokouk Holding Co K C Debt-to-EBITDA?

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

Sokouk Holding Co K C's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was KWD25.18 Mil. Sokouk Holding Co K C's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was KWD0.40 Mil. Sokouk Holding Co K C's annualized EBITDA for the quarter that ended in Dec. 2024 was KWD4.19 Mil. Sokouk Holding Co K C's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 6.11.

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 Sokouk Holding Co K C's Debt-to-EBITDA or its related term are showing as below:

KUW:SOKOUK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -26.22   Med: -2.25   Max: 36.9
Current: 4.84

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sokouk Holding Co K C was 36.90. The lowest was -26.22. And the median was -2.25.

KUW:SOKOUK's Debt-to-EBITDA is ranked worse than
69.32% of 629 companies
in the Travel & Leisure industry
Industry Median: 2.92 vs KUW:SOKOUK: 4.84

Sokouk Holding Co K C Debt-to-EBITDA Historical Data

The historical data trend for Sokouk Holding Co K C'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.

Sokouk Holding Co K C Debt-to-EBITDA Chart

Sokouk Holding Co K C 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 -1.51 -9.25 11.56 3.67 4.84

Sokouk Holding Co K C 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 10.51 3.60 3.09 10.71 6.11

Competitive Comparison of Sokouk Holding Co K C's Debt-to-EBITDA

For the Lodging subindustry, Sokouk Holding Co K C'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.


Sokouk Holding Co K C's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sokouk Holding Co K C's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sokouk Holding Co K C's Debt-to-EBITDA falls into.


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Sokouk Holding Co K C Debt-to-EBITDA Calculation

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

Sokouk Holding Co K C'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
=(25.179 + 0.402) / 5.288
=4.84

Sokouk Holding Co K C'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
=(25.179 + 0.402) / 4.188
=6.11

* 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.


Sokouk Holding Co K C  (KUW:SOKOUK) 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.


Sokouk Holding Co K C Debt-to-EBITDA Related Terms

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


Sokouk Holding Co K C Business Description

Traded in Other Exchanges
N/A
Address
Mubarak Al-Kabeer Street, 3rd Floor, ITS Tower, Building No (33), P.O. Box 29110, Sharq, Kuwait, KWT, 13152
Sokouk Holding Co SA K C is a Kuwait based company engaged in real estate business activities. The objectives of the company are to develop investment tools that cope with Islamic investment and to develop financial tools. It operates into three segments namely Hotel Operations, Real Estate, and Investment. Hotel operations segment consist of the hospitality services provided through the Millennium hotel and convention centre, Kuwait. The company derives maximum revenue from Hotel Operations segment.

Sokouk Holding Co K C Headlines

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