Bena Steel Industries Co (SAU:9563) Debt-to-EBITDA : 5.20 (As of Jun. 2023)

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What is Bena Steel Industries Co Debt-to-EBITDA?

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

Bena Steel Industries Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ﷼113.6 Mil. Bena Steel Industries Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was ﷼18.5 Mil. Bena Steel Industries Co's annualized EBITDA for the quarter that ended in Jun. 2023 was ﷼25.4 Mil. Bena Steel Industries Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 5.20.

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 Bena Steel Industries Co's Debt-to-EBITDA or its related term are showing as below:

SAU:9563' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0 Max: 10.41
Current: 10.41

During the past 0 years, the highest Debt-to-EBITDA Ratio of Bena Steel Industries Co was 10.41. The lowest was 0.00. And the median was 0.00.

SAU:9563's Debt-to-EBITDA is ranked worse than
88.04% of 485 companies
in the Steel industry
Industry Median: 2.8 vs SAU:9563: 10.41

Bena Steel Industries Co Debt-to-EBITDA Historical Data

The historical data trend for Bena Steel Industries 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.

Bena Steel Industries Co Debt-to-EBITDA Chart

Bena Steel Industries Co Annual Data

Trend

Debt-to-EBITDA

Bena Steel Industries Co Semi-Annual Data
	Jun22	Jun23
Debt-to-EBITDA	-	5.20

Competitive Comparison of Bena Steel Industries Co's Debt-to-EBITDA

For the Steel subindustry, Bena Steel Industries 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.

Bena Steel Industries Co's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Bena Steel Industries Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Bena Steel Industries Co's Debt-to-EBITDA falls into.

Bena Steel Industries Co Debt-to-EBITDA Calculation

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

Bena Steel Industries Co's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(	+	)	/	N/A
	=	N/A

Bena Steel Industries 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
	=	(113.607	+	18.467)	/	25.386
	=	5.20

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.

Bena Steel Industries Co (SAU:9563) 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.

Bena Steel Industries Co Debt-to-EBITDA Related Terms

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

Bena Steel Industries Co (SAU:9563) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Bena Steel Industries Co (SAU:9563) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

4781 King Fahad Ibn Abdulaziz Road 34th Street, 1st Industrial City, Dammam, SAU, 32234-7789

Website

https://www.benasteel.com

Bena Steel Industries Co is a manufacturer of sheets, plates, tape rolls, rods, skewers, angles, wires, and clips of all shapes and sizes. It engages in the manufacturing of pipes and hollow shapes of iron and steel. In addition, it manufactures and installs prefabricated steel structures for refinery and refining units.

Bena Steel Industries Co (SAU:9563) Headlines

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