Gas Arabian Services Co (SAU:9528) Debt-to-EBITDA : 0.03 (As of Dec. 2023)

View and export this data going back to 2022. Start your Free Trial

What is Gas Arabian Services Co Debt-to-EBITDA?

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

Gas Arabian Services Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼1.1 Mil. Gas Arabian Services Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼2.5 Mil. Gas Arabian Services Co's annualized EBITDA for the quarter that ended in Dec. 2023 was ﷼106.0 Mil. Gas Arabian Services Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.03.

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 Gas Arabian Services Co's Debt-to-EBITDA or its related term are showing as below:

SAU:9528' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 0.04 Max: 0.15
Current: 0.04

During the past 3 years, the highest Debt-to-EBITDA Ratio of Gas Arabian Services Co was 0.15. The lowest was 0.01. And the median was 0.04.

SAU:9528's Debt-to-EBITDA is ranked better than
95.47% of 728 companies
in the Oil & Gas industry
Industry Median: 1.77 vs SAU:9528: 0.04

Gas Arabian Services Co Debt-to-EBITDA Historical Data

The historical data trend for Gas Arabian Services 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.

Gas Arabian Services Co Debt-to-EBITDA Chart

Gas Arabian Services Co Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.15

0.01

0.04

Gas Arabian Services Co Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			0.10	0.49	0.01	0.10	0.03

Competitive Comparison of Gas Arabian Services Co's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, Gas Arabian Services 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.

Gas Arabian Services Co's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gas Arabian Services Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Gas Arabian Services Co's Debt-to-EBITDA falls into.

Gas Arabian Services Co Debt-to-EBITDA Calculation

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

Gas Arabian Services 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
	=	(1.139	+	2.477)	/	95.201
	=	0.04

Gas Arabian Services Co'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
	=	(1.139	+	2.477)	/	106.036
	=	0.03

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.

Gas Arabian Services Co (SAU:9528) 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.

Gas Arabian Services Co Debt-to-EBITDA Related Terms

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

Gas Arabian Services Co (SAU:9528) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Gas Arabian Services Co (SAU:9528) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit no. 8500, Dammam, SAU, 32241-5150

Website

https://www.gasarabian.com

Gas Arabian Services Co is a total solutions provider in the fields of integrated services for oil, petrochemical, chemical & allied industries. It offers leak detection systems, automation, instrumentation, mechanical, piping, static and project management services for petrochemical, electrical, oil and gas, steel, water, and desalination industries. Business is organized into three segments being Technical services, Trading and Manufacturing. Substantial revenue is generated from the Trading segment which is engaged in sales of industrial, electrical, mechanical, hydromechanical, petroleum and other technical equipment.

Gas Arabian Services Co (SAU:9528) Headlines

No Headlines