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SEDCO Capital REIT Fund (SAU:4344) Debt-to-EBITDA : 5.82 (As of Dec. 2023)


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What is SEDCO Capital REIT Fund Debt-to-EBITDA?

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

SEDCO Capital REIT Fund's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼10.7 Mil. SEDCO Capital REIT Fund's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼782.3 Mil. SEDCO Capital REIT Fund's annualized EBITDA for the quarter that ended in Dec. 2023 was ﷼136.1 Mil. SEDCO Capital REIT Fund's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.82.

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 SEDCO Capital REIT Fund's Debt-to-EBITDA or its related term are showing as below:

SAU:4344' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 6.19   Med: 7.96   Max: 11.35
Current: 6.19

During the past 6 years, the highest Debt-to-EBITDA Ratio of SEDCO Capital REIT Fund was 11.35. The lowest was 6.19. And the median was 7.96.

SAU:4344's Debt-to-EBITDA is ranked better than
58.73% of 521 companies
in the REITs industry
Industry Median: 7.3 vs SAU:4344: 6.19

SEDCO Capital REIT Fund Debt-to-EBITDA Historical Data

The historical data trend for SEDCO Capital REIT Fund'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.

SEDCO Capital REIT Fund Debt-to-EBITDA Chart

SEDCO Capital REIT Fund Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 7.96 9.78 11.35 7.22 6.19

SEDCO Capital REIT Fund Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.99 7.21 7.27 6.63 5.82

Competitive Comparison of SEDCO Capital REIT Fund's Debt-to-EBITDA

For the REIT - Diversified subindustry, SEDCO Capital REIT Fund'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.


SEDCO Capital REIT Fund's Debt-to-EBITDA Distribution in the REITs Industry

For the REITs industry and Real Estate sector, SEDCO Capital REIT Fund's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SEDCO Capital REIT Fund's Debt-to-EBITDA falls into.



SEDCO Capital REIT Fund Debt-to-EBITDA Calculation

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

SEDCO Capital REIT Fund'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
=(10.699 + 782.254) / 128.158
=6.19

SEDCO Capital REIT Fund'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
=(10.699 + 782.254) / 136.144
=5.82

* 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 two times the quarterly (Dec. 2023) EBITDA data.


SEDCO Capital REIT Fund  (SAU:4344) 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.


SEDCO Capital REIT Fund Debt-to-EBITDA Related Terms

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


SEDCO Capital REIT Fund (SAU:4344) Business Description

Traded in Other Exchanges
N/A
Address
King Abdulaziz (Malik) Road, P.O. Box 13396, South Tower of the Red Sea Mall, Jeddah, SAU, 21491
SEDCO Capital REIT Fund is an closed-ended shariah real estate investment fund. Its activities include Dealing, Arranging, Managing, Advising and Custody.Its objective is to provide rental income to its Unitholders mainly in developed properties.

SEDCO Capital REIT Fund (SAU:4344) Headlines

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