Banan Real Estate Co (SAU:4324) Debt-to-EBITDA : 0.87 (As of Jun. 2024)

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What is Banan Real Estate Co Debt-to-EBITDA?

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

Banan Real Estate Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼13.05 Mil. Banan Real Estate Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼44.86 Mil. Banan Real Estate Co's annualized EBITDA for the quarter that ended in Jun. 2024 was ﷼66.29 Mil. Banan Real Estate Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.87.

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 Banan Real Estate Co's Debt-to-EBITDA or its related term are showing as below:

SAU:4324' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.91 Med: 1.76 Max: 5.5
Current: 0.91

During the past 4 years, the highest Debt-to-EBITDA Ratio of Banan Real Estate Co was 5.50. The lowest was 0.91. And the median was 1.76.

SAU:4324's Debt-to-EBITDA is ranked better than
86.67% of 1223 companies
in the Real Estate industry
Industry Median: 6.18 vs SAU:4324: 0.91

Banan Real Estate Co Debt-to-EBITDA Historical Data

The historical data trend for Banan Real Estate 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.

Banan Real Estate Co Debt-to-EBITDA Chart

Banan Real Estate Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

5.50

1.76

1.71

Banan Real Estate Co Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial			2.54	1.76	1.24	1.64	0.87

Competitive Comparison of Banan Real Estate Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Banan Real Estate 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.

Banan Real Estate Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Banan Real Estate Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Banan Real Estate Co's Debt-to-EBITDA falls into.

Banan Real Estate Co Debt-to-EBITDA Calculation

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

Banan Real Estate 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
	=	(45.304	+	55.361)	/	58.957
	=	1.71

Banan Real Estate Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(13.05	+	44.863)	/	66.286
	=	0.87

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 (Jun. 2024) EBITDA data.

Banan Real Estate Co (SAU:4324) 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.

Banan Real Estate Co Debt-to-EBITDA Related Terms

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

Banan Real Estate Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Banan Real Estate Co (SAU:4324) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Takhassusi Road with Prince Sultan bin Abdulaziz Street, P.O. Box 42, Olaya District, Riyadh, SAU, 11411

Website

https://www.bananrealestate.com

Banan Real Estate Co is engaged in the field of investment and development of income-generating real estate. The main activity of the company is the management and leasing of commercial and residential real estate and hotels. Geographically company derives its revenue from Saudi Arabia.

Banan Real Estate Co Headlines

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