Mayar Holding Co (SAU:9568) Debt-to-EBITDA : 5.55 (As of Jun. 2024)

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What is Mayar Holding Co Debt-to-EBITDA?

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

Mayar Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼213.3 Mil. Mayar Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼13.1 Mil. Mayar Holding Co's annualized EBITDA for the quarter that ended in Jun. 2024 was ﷼40.8 Mil. Mayar Holding Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 5.55.

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 Mayar Holding Co's Debt-to-EBITDA or its related term are showing as below:

SAU:9568' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -41.74 Med: -16.66 Max: 18.27
Current: 18.27

During the past 2 years, the highest Debt-to-EBITDA Ratio of Mayar Holding Co was 18.27. The lowest was -41.74. And the median was -16.66.

SAU:9568's Debt-to-EBITDA is ranked worse than
94.93% of 434 companies
in the Conglomerates industry
Industry Median: 3.005 vs SAU:9568: 18.27

Mayar Holding Co Debt-to-EBITDA Historical Data

The historical data trend for Mayar Holding 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.

Mayar Holding Co Debt-to-EBITDA Chart

Mayar Holding Co Annual Data

Trend

Dec22

Dec23

Debt-to-EBITDA

8.41

-41.74

Mayar Holding Co Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	-	13.18	70.74	-16.08	5.55

Competitive Comparison of Mayar Holding Co's Debt-to-EBITDA

For the Conglomerates subindustry, Mayar Holding 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.

Mayar Holding Co's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Mayar Holding Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mayar Holding Co's Debt-to-EBITDA falls into.

Mayar Holding Co Debt-to-EBITDA Calculation

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

Mayar Holding 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
	=	(246.739	+	10.806)	/	-6.171
	=	-41.73

Mayar Holding 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
	=	(213.251	+	13.126)	/	40.806
	=	5.55

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.

Mayar Holding Co (SAU:9568) 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.

Mayar Holding Co Debt-to-EBITDA Related Terms

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

Mayar Holding Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Mayar Holding Co (SAU:9568) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

KSA Riyadh Olaya Street, PO Box 55024, Taya Commercial Center, Riyadh, SAU, 11534

Website

https://www.mayar.com.sa

Mayar Holding Co is a Saudi Arabia-based company. It engaged in managing subsidiaries of holding companies owning real estate and movables necessary for holding companies, providing loans, guarantees, and financing for subsidiaries of holding companies, and owning and leasing industrial property rights to subsidiaries of holding companies. It has three reportable segments Elevators and escalators segment, Feed and agriculture, and Plastic segment. The majority of its revenue comes from Feed and agriculture segment which produces compound feed for Poultry, Cattle, Poultry distribution, and sale.

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