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Dor Alon Energy In Israel (XTAE:DRAL) Debt-to-EBITDA : 5.62 (As of Jun. 2024)


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What is Dor Alon Energy In Israel Debt-to-EBITDA?

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

Dor Alon Energy In Israel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪1,258 Mil. Dor Alon Energy In Israel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ₪2,107 Mil. Dor Alon Energy In Israel's annualized EBITDA for the quarter that ended in Jun. 2024 was ₪599 Mil. Dor Alon Energy In Israel's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 5.62.

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 Dor Alon Energy In Israel's Debt-to-EBITDA or its related term are showing as below:

XTAE:DRAL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.21   Med: 5.78   Max: 7.94
Current: 6.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Dor Alon Energy In Israel was 7.94. The lowest was 4.21. And the median was 5.78.

XTAE:DRAL's Debt-to-EBITDA is ranked worse than
86.62% of 725 companies
in the Oil & Gas industry
Industry Median: 1.79 vs XTAE:DRAL: 6.05

Dor Alon Energy In Israel Debt-to-EBITDA Historical Data

The historical data trend for Dor Alon Energy In Israel'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.

Dor Alon Energy In Israel Debt-to-EBITDA Chart

Dor Alon Energy In Israel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.58 7.21 5.51 7.94 6.68

Dor Alon Energy In Israel Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.18 4.36 11.59 6.33 5.62

Competitive Comparison of Dor Alon Energy In Israel's Debt-to-EBITDA

For the Oil & Gas Refining & Marketing subindustry, Dor Alon Energy In Israel'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.


Dor Alon Energy In Israel's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dor Alon Energy In Israel's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dor Alon Energy In Israel's Debt-to-EBITDA falls into.



Dor Alon Energy In Israel Debt-to-EBITDA Calculation

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

Dor Alon Energy In Israel'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
=(1336.374 + 2064.467) / 509.01
=6.68

Dor Alon Energy In Israel'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
=(1258.2 + 2107.037) / 598.996
=5.62

* 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 four times the quarterly (Jun. 2024) EBITDA data.


Dor Alon Energy In Israel  (XTAE:DRAL) 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.


Dor Alon Energy In Israel Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Dor Alon Energy In Israel's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Dor Alon Energy In Israel Business Description

Traded in Other Exchanges
N/A
Address
France Building, Europark, P.O. Box 1, Yakum, ISR, 60972
Dor Alon Energy In Israel markets fuel and lubricants for all sector of the economy, industry, agriculture and the institutional sectors. Its products and services include Speedomat, Diesel Refueling Center, Fuel Supply, Lubricants, Home Heating, and Jet Fuel. The company distributes its products to more than 70 countries.

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