Ooredoo (MUS:ORDS) Debt-to-EBITDA : 0.60 (As of Dec. 2023)

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What is Ooredoo Debt-to-EBITDA?

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

Ooredoo's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع22.3 Mil. Ooredoo's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع29.2 Mil. Ooredoo's annualized EBITDA for the quarter that ended in Dec. 2023 was ر.ع86.4 Mil. Ooredoo's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.60.

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 Ooredoo's Debt-to-EBITDA or its related term are showing as below:

MUS:ORDS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.12 Med: 0.48 Max: 0.68
Current: 0.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ooredoo was 0.68. The lowest was 0.12. And the median was 0.48.

MUS:ORDS's Debt-to-EBITDA is ranked better than
80.82% of 318 companies
in the Telecommunication Services industry
Industry Median: 2.1 vs MUS:ORDS: 0.60

Ooredoo Debt-to-EBITDA Historical Data

The historical data trend for Ooredoo'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.

Ooredoo Debt-to-EBITDA Chart

Ooredoo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.38

0.53

0.68

0.47

0.60

Ooredoo Semi-Annual Data
	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial										0.38	0.53	0.68	0.47	0.60

Competitive Comparison of Ooredoo's Debt-to-EBITDA

For the Telecom Services subindustry, Ooredoo'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.

Ooredoo's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Ooredoo's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ooredoo's Debt-to-EBITDA falls into.

Ooredoo Debt-to-EBITDA Calculation

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

Ooredoo'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
	=	(22.348	+	29.239)	/	86.43
	=	0.60

Ooredoo'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
	=	(22.348	+	29.239)	/	86.43
	=	0.60

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 one times the quarterly (Dec. 2023) EBITDA data.

Ooredoo (MUS:ORDS) 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.

Ooredoo Debt-to-EBITDA Related Terms

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

Ooredoo (MUS:ORDS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Ooredoo (MUS:ORDS) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Central Post Office, P.O. Box 874, Tilal Building, Muscat, OMN, 111

Website

https://www.ooredoo.om

Ooredoo is an Oman-based company operating in the telecom industry. Its principal activities are the operation, maintenance, and development of mobile and fixed telecommunications services in the Sultanate of Oman. The company operates through two business segments, namely Mobile and Fixed-line. The Mobile segment is engaged in the operation of a global system for mobile communication for pre-paid and post-paid services, the sale of telecommunication equipment, and other associated services. The Fixed-line segment is involved in the provision of international and national voice and data services from fixed lines, the sale of telecommunication equipment, and other associated services. It derives a majority of the revenue from the Mobile segment.

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