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Tijara & Real Estate Investment Co KSCC (KUW:TIJARA) Debt-to-EBITDA : 6.51 (As of Dec. 2023)


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What is Tijara & Real Estate Investment Co KSCC Debt-to-EBITDA?

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

Tijara & Real Estate Investment Co KSCC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD0.00 Mil. Tijara & Real Estate Investment Co KSCC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD31.57 Mil. Tijara & Real Estate Investment Co KSCC's annualized EBITDA for the quarter that ended in Dec. 2023 was KWD4.85 Mil. Tijara & Real Estate Investment Co KSCC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.51.

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

KUW:TIJARA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 7.24   Med: 11.92   Max: 25.19
Current: 8.61

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tijara & Real Estate Investment Co KSCC was 25.19. The lowest was 7.24. And the median was 11.92.

KUW:TIJARA's Debt-to-EBITDA is ranked worse than
63.18% of 1263 companies
in the Real Estate industry
Industry Median: 5.66 vs KUW:TIJARA: 8.61

Tijara & Real Estate Investment Co KSCC Debt-to-EBITDA Historical Data

The historical data trend for Tijara & Real Estate Investment 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.

Tijara & Real Estate Investment Co KSCC Debt-to-EBITDA Chart

Tijara & Real Estate Investment 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 10.23 25.19 12.52 9.01 8.64

Tijara & Real Estate Investment Co KSCC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 12.91 9.11 10.45 9.34 6.51

Competitive Comparison of Tijara & Real Estate Investment Co KSCC's Debt-to-EBITDA

For the Real Estate - Development subindustry, Tijara & Real Estate Investment 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.


Tijara & Real Estate Investment Co KSCC's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Tijara & Real Estate Investment Co KSCC Debt-to-EBITDA Calculation

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

Tijara & Real Estate Investment 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
=(0 + 31.571) / 3.653
=8.64

Tijara & Real Estate Investment Co KSCC's annualized Debt-to-EBITDA for the quarter 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
=(0 + 31.571) / 4.852
=6.51

* 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. 2023) EBITDA data.


Tijara & Real Estate Investment Co KSCC  (KUW:TIJARA) 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.


Tijara & Real Estate Investment Co KSCC Debt-to-EBITDA Related Terms

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


Tijara & Real Estate Investment Co KSCC (KUW:TIJARA) Business Description

Traded in Other Exchanges
N/A
Address
Khalid Ibn Al Waleed Street, February 25 Tower, 33rd Floor, P.O. Box 5655, Safat, Kuwait, KWT, 13057
Tijara & Real Estate Investment Co KSCC is a Kuwait-based real estate company. The reportable segments of the company are: Real estate management which is the key revenue driver, comprises investment and trading in real estate and construction or development of real estate for sale and provision of other related real estate services; Investment Activities which comprises participation in financial and real estate funds and managing the group's liquidity requirements; and other management that comprises other activities rather than real estate and investment activities.

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