Future Care Trading Co (SAU:9544) Debt-to-EBITDA : 0.20 (As of Jun. 2023)

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What is Future Care Trading Co Debt-to-EBITDA?

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

Future Care Trading Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ﷼0.72 Mil. Future Care Trading Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ﷼1.58 Mil. Future Care Trading Co's annualized EBITDA for the quarter that ended in Jun. 2023 was ﷼11.50 Mil. Future Care Trading Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 0.20.

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 Future Care Trading Co's Debt-to-EBITDA or its related term are showing as below:

SAU:9544' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.15 Med: 0.26 Max: 0.37
Current: 0.15

During the past 2 years, the highest Debt-to-EBITDA Ratio of Future Care Trading Co was 0.37. The lowest was 0.15. And the median was 0.26.

SAU:9544's Debt-to-EBITDA is ranked better than
91.33% of 427 companies
in the Healthcare Providers & Services industry
Industry Median: 2.58 vs SAU:9544: 0.15

Future Care Trading Co Debt-to-EBITDA Historical Data

The historical data trend for Future Care Trading 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.

Future Care Trading Co Debt-to-EBITDA Chart

Future Care Trading Co Annual Data

Trend

Dec22

Dec23

Debt-to-EBITDA

0.37

0.15

Future Care Trading Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	-	0.87	0.20	0.12

Competitive Comparison of Future Care Trading Co's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Future Care Trading 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.

Future Care Trading Co's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Future Care Trading Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Future Care Trading Co's Debt-to-EBITDA falls into.

Future Care Trading Co Debt-to-EBITDA Calculation

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

Future Care Trading 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
	=	(0.552	+	1.741)	/	15.608
	=	0.15

Future Care Trading Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.718	+	1.576)	/	11.502
	=	0.20

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. 2023) EBITDA data.

Future Care Trading Co (SAU:9544) 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.

Future Care Trading Co Debt-to-EBITDA Related Terms

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

Future Care Trading Co (SAU:9544) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Future Care Trading Co (SAU:9544) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ahmed Aqilan Street, P.O 6454, Al-Khalidiya District, Jeddah, SAU, 23421

Website

https://www.fc.med.sa

Future Care Trading Co offers home healthcare facilities in the Kingdom of Saudi Arabia, which includes a distinguished group of Healthcare Personnel. Its services comprise Doctor Visits, Nursing Services, Nursing Aid, Physiotherapy, Laboratory Services, Nutrition Services, and Social Services.

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