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Gulf Navigation Holding PJSC (DFM:GULFNAV) Debt-to-Revenue : 3.29 (As of Mar. 2024)


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What is Gulf Navigation Holding PJSC Debt-to-Revenue?

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

Gulf Navigation Holding PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ227.46 Mil. Gulf Navigation Holding PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was د.إ86.35 Mil. Gulf Navigation Holding PJSC's annualized Revenue for the quarter that ended in Mar. 2024 was د.إ95.34 Mil. Gulf Navigation Holding PJSC's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 3.29.


Gulf Navigation Holding PJSC Debt-to-Revenue Historical Data

The historical data trend for Gulf Navigation Holding PJSC's Debt-to-Revenue 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.

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Gulf Navigation Holding PJSC Debt-to-Revenue Chart

Gulf Navigation Holding PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.97 2.96 2.70 1.96 2.84

Gulf Navigation Holding PJSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 1.59 1.66 3.05 3.34 3.29

Competitive Comparison of Gulf Navigation Holding PJSC's Debt-to-Revenue

For the Marine Shipping subindustry, Gulf Navigation Holding PJSC's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Gulf Navigation Holding PJSC's Debt-to-Revenue Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gulf Navigation Holding PJSC's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Gulf Navigation Holding PJSC's Debt-to-Revenue falls into.



Gulf Navigation Holding PJSC Debt-to-Revenue Calculation

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

Gulf Navigation Holding PJSC's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(205.871 + 94.163) / 105.534
=2.84

Gulf Navigation Holding PJSC's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(227.462 + 86.351) / 95.336
=3.29

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Gulf Navigation Holding PJSC Debt-to-Revenue Related Terms

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Gulf Navigation Holding PJSC (DFM:GULFNAV) Business Description

Traded in Other Exchanges
N/A
Address
Al Barsha 1, P.O. Box: 49651, 39th Floor, API Trio Tower, Dubai, ARE
Gulf Navigation Holding PJSC is engaged in sea transport of oil and petroleum products and similar commodities, ship charter, and others. Its business segments include Vessel owning and chartering Ship management and technical management of vessels Marine products sales, and distribution that includes trading of goods such as supplies, chemicals, and gases required for ships, Shipping and technical service including providing agency services to ships calling at ports, and providing workshop services for boats, and Others that includes management of all divisions and administrative activities. The majority of the revenue is generated from the Vessel owning and chartering segment.

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