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Miral Dental Clinics Co (SAU:9604) Debt-to-EBITDA : 0.54 (As of Jun. 2024)


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What is Miral Dental Clinics Co Debt-to-EBITDA?

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

Miral Dental Clinics Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼1.78 Mil. Miral Dental Clinics Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ﷼6.11 Mil. Miral Dental Clinics Co's annualized EBITDA for the quarter that ended in Jun. 2024 was ﷼14.70 Mil. Miral Dental Clinics Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.54.

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 Miral Dental Clinics Co's Debt-to-EBITDA or its related term are showing as below:

SAU:9604' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.07
Current: 1.07

During the past 0 years, the highest Debt-to-EBITDA Ratio of Miral Dental Clinics Co was 1.07. The lowest was 0.00. And the median was 0.00.

SAU:9604's Debt-to-EBITDA is ranked better than
70.83% of 456 companies
in the Healthcare Providers & Services industry
Industry Median: 2.38 vs SAU:9604: 1.07

Miral Dental Clinics Co Debt-to-EBITDA Historical Data

The historical data trend for Miral Dental Clinics 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.

Miral Dental Clinics Co Debt-to-EBITDA Chart

Miral Dental Clinics Co Annual Data
Trend
Debt-to-EBITDA

Miral Dental Clinics Co Semi-Annual Data
Jun23 Jun24
Debt-to-EBITDA - 0.54

Competitive Comparison of Miral Dental Clinics Co's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Miral Dental Clinics 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.


Miral Dental Clinics Co's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

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

* The bar in red indicates where Miral Dental Clinics Co's Debt-to-EBITDA falls into.


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Miral Dental Clinics Co Debt-to-EBITDA Calculation

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

Miral Dental Clinics Co's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Miral Dental Clinics 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
=(1.783 + 6.106) / 14.698
=0.54

* 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.

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.


Miral Dental Clinics Co  (SAU:9604) 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.


Miral Dental Clinics Co Debt-to-EBITDA Related Terms

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


Miral Dental Clinics Co Business Description

Traded in Other Exchanges
N/A
Address
Prince Muhammad bin Abdulaziz Road, Riyadh, SAU, 11527
Miral Dental Clinics Co is a company whose main activities include dental centers, dental clinics, specialized medical complexes, and medical clinics.

Miral Dental Clinics Co Headlines

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