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National Industrialization Co (SAU:2060) Debt-to-EBITDA : 4.98 (As of Sep. 2024)


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What is National Industrialization Co Debt-to-EBITDA?

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

National Industrialization Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼2,235 Mil. National Industrialization Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼4,244 Mil. National Industrialization Co's annualized EBITDA for the quarter that ended in Sep. 2024 was ﷼1,300 Mil. National Industrialization Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 4.98.

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 National Industrialization Co's Debt-to-EBITDA or its related term are showing as below:

SAU:2060' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.05   Med: 7.23   Max: 410.71
Current: 8.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of National Industrialization Co was 410.71. The lowest was 3.05. And the median was 7.23.

SAU:2060's Debt-to-EBITDA is ranked worse than
84.98% of 1192 companies
in the Chemicals industry
Industry Median: 2.375 vs SAU:2060: 8.38

National Industrialization Co Debt-to-EBITDA Historical Data

The historical data trend for National Industrialization Co'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.

National Industrialization Co Debt-to-EBITDA Chart

National Industrialization Co 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 73.15 410.71 3.05 3.78 7.14

National Industrialization Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.37 15.28 24.39 6.17 4.98

Competitive Comparison of National Industrialization Co's Debt-to-EBITDA

For the Chemicals subindustry, National Industrialization Co'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.


National Industrialization Co's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, National Industrialization Co's Debt-to-EBITDA distribution charts can be found below:

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



National Industrialization Co Debt-to-EBITDA Calculation

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

National Industrialization Co'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
=(2189.087 + 5054.456) / 1015.188
=7.14

National Industrialization Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2234.516 + 4244.092) / 1299.96
=4.98

* 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 (Sep. 2024) EBITDA data.


National Industrialization Co  (SAU:2060) 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.


National Industrialization Co Debt-to-EBITDA Related Terms

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


National Industrialization Co Business Description

Traded in Other Exchanges
N/A
Address
Eastern Ring Road, P.O. Box 26707, The Business Gate, Building No. C3, Qurtuba Area, Riyadh, SAU, 11496
National Industrialization Co manufactures and sells petrochemical and chemical products. It produces ethylene, polyethylene, propylene and polypropylene, acrylics, titanium dioxide, dry and liquid vehicle batteries, plastic products, and acrylic sheets, and provides technical testing to equipment, and industrial, chemical, petrochemical, and metallurgical plants and water desalination and power generation plants. Its segment consists of Chemicals, Petrochemicals, Downstream, and Others. The company generates maximum revenue from the Petrochemicals segment.

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