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Gulf Mushroom Products CoOG (MUS:GMPI) Debt-to-EBITDA : 2.41 (As of Dec. 2023)


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What is Gulf Mushroom Products CoOG Debt-to-EBITDA?

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

Gulf Mushroom Products CoOG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع1.39 Mil. Gulf Mushroom Products CoOG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع3.66 Mil. Gulf Mushroom Products CoOG's annualized EBITDA for the quarter that ended in Dec. 2023 was ر.ع2.10 Mil. Gulf Mushroom Products CoOG's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.41.

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 Gulf Mushroom Products CoOG's Debt-to-EBITDA or its related term are showing as below:

MUS:GMPI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.29   Med: 2.01   Max: 8.49
Current: 2.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gulf Mushroom Products CoOG was 8.49. The lowest was 0.29. And the median was 2.01.

MUS:GMPI's Debt-to-EBITDA is ranked better than
51.95% of 1436 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs MUS:GMPI: 2.03

Gulf Mushroom Products CoOG Debt-to-EBITDA Historical Data

The historical data trend for Gulf Mushroom Products CoOG'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.

Gulf Mushroom Products CoOG Debt-to-EBITDA Chart

Gulf Mushroom Products CoOG Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 6.00 8.49 - 2.03

Gulf Mushroom Products CoOG Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Jun19 Sep19 Jun20 Sep20 Mar21 Jun21 Sep21 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 - 2.03 2.09 2.62 2.41

Competitive Comparison of Gulf Mushroom Products CoOG's Debt-to-EBITDA

For the Farm Products subindustry, Gulf Mushroom Products CoOG'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.


Gulf Mushroom Products CoOG's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Gulf Mushroom Products CoOG's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gulf Mushroom Products CoOG's Debt-to-EBITDA falls into.



Gulf Mushroom Products CoOG Debt-to-EBITDA Calculation

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

Gulf Mushroom Products CoOG'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
=(1.391 + 3.66) / 2.489
=2.03

Gulf Mushroom Products CoOG'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
=(1.391 + 3.66) / 2.096
=2.41

* 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.


Gulf Mushroom Products CoOG  (MUS:GMPI) 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.


Gulf Mushroom Products CoOG Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Gulf Mushroom Products CoOG's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Gulf Mushroom Products CoOG (MUS:GMPI) Business Description

Traded in Other Exchanges
N/A
Address
Post Box 383, Barka, OMN, 320
Gulf Mushroom Products Co SAOG is engaged in the cultivation, processing, and marketing of mushrooms. The company's products are marketed under the name Gulf Fresh and include fresh white mushrooms, baby mushrooms, giant fresh mushrooms, brown mushrooms, and portabella mushroom. It markets through a network of distributors located in the Middle East markets, such as Dubai, Qatar, Bahrain, Kuwait and Saudi Arabia.

Gulf Mushroom Products CoOG (MUS:GMPI) Headlines

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