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Sultan Center Food Products Co KSC (KUW:SULTAN) Debt-to-EBITDA : 11.76 (As of Sep. 2024)


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What is Sultan Center Food Products Co KSC Debt-to-EBITDA?

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

Sultan Center Food Products Co KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD13.3 Mil. Sultan Center Food Products Co KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was KWD146.2 Mil. Sultan Center Food Products Co KSC's annualized EBITDA for the quarter that ended in Sep. 2024 was KWD13.6 Mil. Sultan Center Food Products Co KSC's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 11.76.

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 Sultan Center Food Products Co KSC's Debt-to-EBITDA or its related term are showing as below:

KUW:SULTAN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -137.12   Med: 9.39   Max: 10.7
Current: -137.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sultan Center Food Products Co KSC was 10.70. The lowest was -137.12. And the median was 9.39.

KUW:SULTAN's Debt-to-EBITDA is not ranked
in the Retail - Defensive industry.
Industry Median: 2.41 vs KUW:SULTAN: -137.12

Sultan Center Food Products Co KSC Debt-to-EBITDA Historical Data

The historical data trend for Sultan Center Food Products 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.

Sultan Center Food Products Co KSC Debt-to-EBITDA Chart

Sultan Center Food Products Co KSC 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 8.53 10.68 2.99 9.44 -55.99

Sultan Center Food Products Co KSC 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 15.59 -3.46 7.98 18.18 11.76

Competitive Comparison of Sultan Center Food Products Co KSC's Debt-to-EBITDA

For the Grocery Stores subindustry, Sultan Center Food Products 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.


Sultan Center Food Products Co KSC's Debt-to-EBITDA Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Sultan Center Food Products Co KSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sultan Center Food Products Co KSC's Debt-to-EBITDA falls into.



Sultan Center Food Products Co KSC Debt-to-EBITDA Calculation

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

Sultan Center Food Products 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
=(11.202 + 153.301) / -2.938
=-55.99

Sultan Center Food Products Co KSC'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
=(13.297 + 146.173) / 13.564
=11.76

* 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.


Sultan Center Food Products Co KSC  (KUW:SULTAN) 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.


Sultan Center Food Products Co KSC Debt-to-EBITDA Related Terms

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


Sultan Center Food Products Co KSC Business Description

Traded in Other Exchanges
N/A
Address
Airport road, 6th ring road, PO Box 26567, Sultan ben Essa complex, Dajeej, Kuwait City, KWT, 13126
Sultan Center Food Products Co KSC is an independent retailer. The company supplies supermarket items, perishables, and general merchandise in the Middle East. Its business units include Retail, Investments, Contracting, and Real Estate. The company offers fresh food, frozen food, dairy and bakery products, meat and seafood, baby food, fruits, pet food, health and beauty products, tobacco products, cleaning and home care products, home decor, toys and games, luggage and bags, and electronic products.

Sultan Center Food Products Co KSC Headlines

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