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Express Kenya (NAI:XPRS) Debt-to-EBITDA : 351.63 (As of Dec. 2023)


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What is Express Kenya Debt-to-EBITDA?

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

Express Kenya's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KES0.47 Mil. Express Kenya's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KES401.43 Mil. Express Kenya's annualized EBITDA for the quarter that ended in Dec. 2023 was KES1.14 Mil. Express Kenya's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 351.63.

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

NAI:XPRS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.02   Med: -3.56   Max: 351.63
Current: 351.63

During the past 13 years, the highest Debt-to-EBITDA Ratio of Express Kenya was 351.63. The lowest was -11.02. And the median was -3.56.

NAI:XPRS's Debt-to-EBITDA is ranked worse than
99.88% of 855 companies
in the Transportation industry
Industry Median: 2.8 vs NAI:XPRS: 351.63

Express Kenya Debt-to-EBITDA Historical Data

The historical data trend for Express Kenya'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.

Express Kenya Debt-to-EBITDA Chart

Express Kenya 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 28.04 -11.02 -4.20 23.12 351.63

Express Kenya Semi-Annual Data
Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only 28.04 -11.02 -4.20 23.12 351.63

Competitive Comparison of Express Kenya's Debt-to-EBITDA

For the Integrated Freight & Logistics subindustry, Express Kenya'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.


Express Kenya's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Express Kenya's Debt-to-EBITDA distribution charts can be found below:

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



Express Kenya Debt-to-EBITDA Calculation

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

Express Kenya'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
=(0.474 + 401.434) / 1.143
=351.63

Express Kenya'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
=(0.474 + 401.434) / 1.143
=351.63

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


Express Kenya  (NAI:XPRS) 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.


Express Kenya Debt-to-EBITDA Related Terms

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


Express Kenya Business Description

Traded in Other Exchanges
N/A
Address
Road A, Off Enterprise Road, Industrial Area, P.O. Box 40433, Express House, Nairobi, KEN, 00100
Express Kenya PLC engages in the provision of clearing and forwarding services for both air and sea, as well as logistics services. It operates through the following segments: Clearing and Forwarding, Warehousing, and Real Estate. The Clearing and Forwarding segment includes the distribution of products to various parts of the country. The Warehousing segment which accounts for the majority of revenue comprises the storage of customers' goods in the warehousing facility. The Real Estate segment consists of the development of properties.

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