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Dangote Sugar Refinery (NSA:DSRP) Debt-to-EBITDA : -4.18 (As of Dec. 2023)


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What is Dangote Sugar Refinery Debt-to-EBITDA?

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

Dangote Sugar Refinery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₦412,137 Mil. Dangote Sugar Refinery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ₦330 Mil. Dangote Sugar Refinery's annualized EBITDA for the quarter that ended in Dec. 2023 was ₦-98,717 Mil. Dangote Sugar Refinery's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -4.18.

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 Dangote Sugar Refinery's Debt-to-EBITDA or its related term are showing as below:

NSA:DSRP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.18   Med: 0.11   Max: 4.43
Current: -4.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dangote Sugar Refinery was 4.43. The lowest was -4.18. And the median was 0.11.

NSA:DSRP's Debt-to-EBITDA is ranked worse than
100% of 1494 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs NSA:DSRP: -4.18

Dangote Sugar Refinery Debt-to-EBITDA Historical Data

The historical data trend for Dangote Sugar Refinery'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.

Dangote Sugar Refinery Debt-to-EBITDA Chart

Dangote Sugar Refinery 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 0.10 1.82 4.43 2.38 -4.18

Dangote Sugar Refinery Semi-Annual Data
Dec08 Dec09 Dec10 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 Premium Member Only Premium Member Only Premium Member Only 0.10 1.82 4.43 2.38 -4.18

Competitive Comparison of Dangote Sugar Refinery's Debt-to-EBITDA

For the Confectioners subindustry, Dangote Sugar Refinery'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.


Dangote Sugar Refinery's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Dangote Sugar Refinery's Debt-to-EBITDA distribution charts can be found below:

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



Dangote Sugar Refinery Debt-to-EBITDA Calculation

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

Dangote Sugar Refinery'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
=(412137.089 + 330.057) / -98717.26
=-4.18

Dangote Sugar Refinery'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
=(412137.089 + 330.057) / -98717.26
=-4.18

* 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.


Dangote Sugar Refinery  (NSA:DSRP) 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.


Dangote Sugar Refinery Debt-to-EBITDA Related Terms

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


Dangote Sugar Refinery Business Description

Traded in Other Exchanges
N/A
Address
Terminal E, Shed 20, 3rd Floor, GDNL Administrative Building, NPA Wharf Port Complex, Apapa, Lagos, NGA
Dangote Sugar Refinery PLC is engaged in refining raw sugar into edible sugar and selling refined sugar. The company is also engaged in the cultivation and milling of sugar cane to finished sugar. Its geographical segments include Northern Nigeria, Western Nigeria, Eastern Nigeria, and Lagos. The company derives a majority of revenue from the Northern Nigeria region.

Dangote Sugar Refinery Headlines

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