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Emaar the Economic City JSC (SAU:4220) Debt-to-EBITDA : 115.83 (As of Dec. 2023)


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What is Emaar the Economic City JSC Debt-to-EBITDA?

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

Emaar the Economic City JSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼6,956 Mil. Emaar the Economic City JSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼33 Mil. Emaar the Economic City JSC's annualized EBITDA for the quarter that ended in Dec. 2023 was ﷼60 Mil. Emaar the Economic City JSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 115.83.

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 Emaar the Economic City JSC's Debt-to-EBITDA or its related term are showing as below:

SAU:4220' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -70.04   Med: 9.54   Max: 34.46
Current: 13.21

During the past 13 years, the highest Debt-to-EBITDA Ratio of Emaar the Economic City JSC was 34.46. The lowest was -70.04. And the median was 9.54.

SAU:4220's Debt-to-EBITDA is ranked worse than
77.18% of 1262 companies
in the Real Estate industry
Industry Median: 5.755 vs SAU:4220: 13.21

Emaar the Economic City JSC Debt-to-EBITDA Historical Data

The historical data trend for Emaar the Economic City JSC'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.

Emaar the Economic City JSC Debt-to-EBITDA Chart

Emaar the Economic City JSC 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 -70.04 -10.73 -24.41 -12.87 13.21

Emaar the Economic City JSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.70 357.69 5.96 7.50 115.83

Competitive Comparison of Emaar the Economic City JSC's Debt-to-EBITDA

For the Real Estate - Development subindustry, Emaar the Economic City JSC'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.


Emaar the Economic City JSC's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Emaar the Economic City JSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Emaar the Economic City JSC's Debt-to-EBITDA falls into.



Emaar the Economic City JSC Debt-to-EBITDA Calculation

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

Emaar the Economic City JSC'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
=(6955.732 + 32.794) / 528.951
=13.21

Emaar the Economic City JSC'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
=(6955.732 + 32.794) / 60.336
=115.83

* 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 (Dec. 2023) EBITDA data.


Emaar the Economic City JSC  (SAU:4220) 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.


Emaar the Economic City JSC Debt-to-EBITDA Related Terms

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


Emaar the Economic City JSC (SAU:4220) Business Description

Traded in Other Exchanges
N/A
Address
Abdullah Economic City, Rabigh, SAU
Emaar the Economic City JSC is a real estate development and management company. The main activity of the company is the development of the King Abdullah Economic City (KAEC). It is also engaged in the development of real estate in the economic and other zones and other development activities, including infrastructures, promotion, marketing and sale of land within development areas, development of buildings and housing units, and construction on behalf of other parties.

Emaar the Economic City JSC (SAU:4220) Headlines

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