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National Co for Glass Industries (SAU:2150) Debt-to-EBITDA : 0.13 (As of Sep. 2024)


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What is National Co for Glass Industries Debt-to-EBITDA?

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

National Co for Glass Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼1.9 Mil. National Co for Glass Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼15.1 Mil. National Co for Glass Industries's annualized EBITDA for the quarter that ended in Sep. 2024 was ﷼135.9 Mil. National Co for Glass Industries's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.13.

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 Co for Glass Industries's Debt-to-EBITDA or its related term are showing as below:

SAU:2150' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 1.21   Max: 11.64
Current: 0.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of National Co for Glass Industries was 11.64. The lowest was 0.01. And the median was 1.21.

SAU:2150's Debt-to-EBITDA is ranked better than
93.13% of 335 companies
in the Packaging & Containers industry
Industry Median: 2.75 vs SAU:2150: 0.12

National Co for Glass Industries Debt-to-EBITDA Historical Data

The historical data trend for National Co for Glass Industries'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 Co for Glass Industries Debt-to-EBITDA Chart

National Co for Glass Industries 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 6.67 3.47 0.85 0.40 0.17

National Co for Glass Industries 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 0.35 0.11 0.10 0.11 0.13

Competitive Comparison of National Co for Glass Industries's Debt-to-EBITDA

For the Packaging & Containers subindustry, National Co for Glass Industries'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 Co for Glass Industries's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, National Co for Glass Industries's Debt-to-EBITDA distribution charts can be found below:

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



National Co for Glass Industries Debt-to-EBITDA Calculation

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

National Co for Glass Industries'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
=(8.887 + 6.416) / 88.258
=0.17

National Co for Glass Industries'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
=(1.922 + 15.089) / 135.88
=0.13

* 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 Co for Glass Industries  (SAU:2150) 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 Co for Glass Industries Debt-to-EBITDA Related Terms

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


National Co for Glass Industries Business Description

Traded in Other Exchanges
N/A
Address
Po Box 41619, Riyadh, SAU, 11531
National Co for Glass Industries is a company whose principal activity is the manufacture and sale of returnable and non-returnable glass bottles and float glass. It owns two factories in Riyadh and Dammam. The company also invests in the flat glass industry through its associate companies.

National Co for Glass Industries Headlines

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