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Eastern Province Cement Co (SAU:3080) Debt-to-EBITDA : 0.02 (As of Mar. 2024)


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What is Eastern Province Cement Co Debt-to-EBITDA?

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

Eastern Province Cement Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼2 Mil. Eastern Province Cement Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ﷼4 Mil. Eastern Province Cement Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ﷼414 Mil. Eastern Province Cement Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.02.

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 Eastern Province Cement Co's Debt-to-EBITDA or its related term are showing as below:

SAU:3080' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.24
Current: 0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eastern Province Cement Co was 0.24. The lowest was 0.00. And the median was 0.02.

SAU:3080's Debt-to-EBITDA is ranked better than
98.09% of 314 companies
in the Building Materials industry
Industry Median: 2.175 vs SAU:3080: 0.02

Eastern Province Cement Co Debt-to-EBITDA Historical Data

The historical data trend for Eastern Province Cement 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.

Eastern Province Cement Co Debt-to-EBITDA Chart

Eastern Province Cement 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 0.01 - 0.02 0.03 0.02

Eastern Province Cement Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.02 0.02 0.02 0.02 0.02

Competitive Comparison of Eastern Province Cement Co's Debt-to-EBITDA

For the Building Materials subindustry, Eastern Province Cement 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.


Eastern Province Cement Co's Debt-to-EBITDA Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Eastern Province Cement Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eastern Province Cement Co's Debt-to-EBITDA falls into.



Eastern Province Cement Co Debt-to-EBITDA Calculation

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

Eastern Province Cement 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
=(1.975 + 4.735) / 329.837
=0.02

Eastern Province Cement Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.857 + 4.468) / 414.336
=0.02

* 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 (Mar. 2024) EBITDA data.


Eastern Province Cement Co  (SAU:3080) 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.


Eastern Province Cement Co Debt-to-EBITDA Related Terms

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


Eastern Province Cement Co (SAU:3080) Business Description

Traded in Other Exchanges
N/A
Address
King Fahd Road (Dammam - Khobar Highway), P.O. Box 4536, Dammam, SAU, 31412
Eastern Province Cement Co is engaged in producing different kinds of Building materials. It operates in two segments: Cement, which is into manufacturing and wholesale of ordinary cement, salt-resistant cement, and clinker cement; and Precast segment is into manufacturing of partitions, frames & prefabricated bui8ldings from prefabricated concrete. The cement segment accounts for the majority revenue of the company. Geographically it generates nearly all of its revenue from Saudi Arabia.

Eastern Province Cement Co (SAU:3080) Headlines

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