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Tamdeen Real Estate Co KSCC (KUW:TAM) Debt-to-EBITDA : 5.93 (As of Mar. 2024)


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What is Tamdeen Real Estate Co KSCC Debt-to-EBITDA?

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

Tamdeen Real Estate Co KSCC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD78.20 Mil. Tamdeen Real Estate Co KSCC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was KWD76.35 Mil. Tamdeen Real Estate Co KSCC's annualized EBITDA for the quarter that ended in Mar. 2024 was KWD26.05 Mil. Tamdeen Real Estate Co KSCC's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 5.93.

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 Tamdeen Real Estate Co KSCC's Debt-to-EBITDA or its related term are showing as below:

KUW:TAM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -33.9   Med: 10.24   Max: 15.18
Current: 4.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tamdeen Real Estate Co KSCC was 15.18. The lowest was -33.90. And the median was 10.24.

KUW:TAM's Debt-to-EBITDA is ranked better than
58.21% of 1249 companies
in the Real Estate industry
Industry Median: 6.05 vs KUW:TAM: 4.63

Tamdeen Real Estate Co KSCC Debt-to-EBITDA Historical Data

The historical data trend for Tamdeen Real Estate Co KSCC'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.

Tamdeen Real Estate Co KSCC Debt-to-EBITDA Chart

Tamdeen Real Estate Co KSCC 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 11.12 -33.90 11.08 5.67 4.63

Tamdeen Real Estate Co KSCC 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 6.74 2.96 4.47 11.19 5.93

Competitive Comparison of Tamdeen Real Estate Co KSCC's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Tamdeen Real Estate Co KSCC'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.


Tamdeen Real Estate Co KSCC's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tamdeen Real Estate Co KSCC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tamdeen Real Estate Co KSCC's Debt-to-EBITDA falls into.



Tamdeen Real Estate Co KSCC Debt-to-EBITDA Calculation

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

Tamdeen Real Estate Co KSCC'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
=(85.949 + 68.74) / 33.406
=4.63

Tamdeen Real Estate Co KSCC'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
=(78.203 + 76.353) / 26.048
=5.93

* 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.


Tamdeen Real Estate Co KSCC  (KUW:TAM) 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.


Tamdeen Real Estate Co KSCC Debt-to-EBITDA Related Terms

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


Tamdeen Real Estate Co KSCC (KUW:TAM) Business Description

Traded in Other Exchanges
N/A
Address
Mall - Sixth Ring Road, South Surra, 360 Complex, P.O. Box 21816, 4th Floor, Block 7, Al-Zahraa District, Safat, Kuwait, KWT, 13079
Tamdeen Real Estate Co KSCC operates as a real estate investment and development company. The business activity of the company includes the development of real estate projects and construction contracts of buildings, managing the properties of others. In addition, the group is also involved in providing consultation services on asset utilization for individual clients, as well as consultation and advisory services on merger and acquisition, and business succession for corporate clients; investment and portfolio management services; and research and analysis services. The company operates in two reportable segments that are the real estate and investment. It generates maximum revenue from Investment segment.

Tamdeen Real Estate Co KSCC (KUW:TAM) Headlines

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