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Allied Cooperative Insurance Group (SAU:8150) Debt-to-EBITDA : N/A (As of Sep. 2024)


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What is Allied Cooperative Insurance Group Debt-to-EBITDA?

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

Allied Cooperative Insurance Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼0.0 Mil. Allied Cooperative Insurance Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was ﷼6.7 Mil. Allied Cooperative Insurance Group's annualized EBITDA for the quarter that ended in Sep. 2024 was ﷼0.0 Mil.

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 Allied Cooperative Insurance Group's Debt-to-EBITDA or its related term are showing as below:

SAU:8150's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.08
* Ranked among companies with meaningful Debt-to-EBITDA only.

Allied Cooperative Insurance Group Debt-to-EBITDA Historical Data

The historical data trend for Allied Cooperative Insurance Group'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.

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Allied Cooperative Insurance Group Debt-to-EBITDA Chart

Allied Cooperative Insurance Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Allied Cooperative Insurance Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Allied Cooperative Insurance Group's Debt-to-EBITDA

For the Insurance - Diversified subindustry, Allied Cooperative Insurance Group'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.


Allied Cooperative Insurance Group's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Allied Cooperative Insurance Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Allied Cooperative Insurance Group's Debt-to-EBITDA falls into.



Allied Cooperative Insurance Group Debt-to-EBITDA Calculation

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

Allied Cooperative Insurance Group'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
=(0 + 0.348) / N/A
=N/A

Allied Cooperative Insurance Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

* 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.


Allied Cooperative Insurance Group  (SAU:8150) 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.


Allied Cooperative Insurance Group Debt-to-EBITDA Related Terms

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


Allied Cooperative Insurance Group Business Description

Traded in Other Exchanges
N/A
Address
RRHA 7143 Prince Turki bin Abdulaziz I Road, 7143 Hittin District 2290, Riyadh, SAU, 13512
Allied Cooperative Insurance Group is a Saudi Arabia based insurance company. The activities of the Company are to transact cooperative insurance operations and related activities in the Kingdom of Saudi Arabia. The operating segment of the company are Medical Insurance, Motor Insurance and General Accident Insurance segments. Medical segment provides compensation to policy holders for expenses incurred in treatment of a disease, illness or injury. Motor provides coverage against losses and liability related to motor vehicles. Other includes property, marine, aviation, accident and liability categories. It earns a vast majority of revenues from the motor insurance segment.

Allied Cooperative Insurance Group Headlines

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