Abu Dhabi Aviation Co (ADX:ADAVIATION) Debt-to-EBITDA

: 1.22 (As of Dec. 2023)

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

Abu Dhabi Aviation Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ300 Mil. Abu Dhabi Aviation Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ504 Mil. Abu Dhabi Aviation Co's annualized EBITDA for the quarter that ended in Dec. 2023 was د.إ660 Mil. Abu Dhabi Aviation Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.22.

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 Abu Dhabi Aviation Co's Debt-to-EBITDA or its related term are showing as below:

ADX:ADAVIATION' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.16 Med: 2 Max: 2.5
Current: 1.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of Abu Dhabi Aviation Co was 2.50. The lowest was 1.16. And the median was 2.00.

ADX:ADAVIATION's Debt-to-EBITDA is ranked better than
77.1% of 847 companies
in the Transportation industry
Industry Median: 2.83 vs ADX:ADAVIATION: 1.16

Abu Dhabi Aviation Co Debt-to-EBITDA Historical Data

The historical data trend for Abu Dhabi Aviation 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.

Abu Dhabi Aviation Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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1.63

2.50

1.74

1.30

1.16

Abu Dhabi Aviation Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															1.31	1.27	1.19	0.96	1.22

Competitive Comparison

For the Airports & Air Services subindustry, Abu Dhabi Aviation 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.

Abu Dhabi Aviation Co Debt-to-EBITDA Distribution

For the Transportation industry and Industrials sector, Abu Dhabi Aviation Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Abu Dhabi Aviation Co's Debt-to-EBITDA falls into.

Abu Dhabi Aviation Co Debt-to-EBITDA Calculation

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

Abu Dhabi Aviation 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
	=	(299.966	+	503.799)	/	691.213
	=	1.16

Abu Dhabi Aviation Co's annualized Debt-to-EBITDA for the quarter 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
	=	(299.966	+	503.799)	/	660.252
	=	1.22

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 (Dec. 2023) EBITDA data.

Abu Dhabi Aviation Co (ADX:ADAVIATION) 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.

Abu Dhabi Aviation Co Debt-to-EBITDA Related Terms

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Abu Dhabi Aviation Co (ADX:ADAVIATION) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Abu Dhabi Aviation Co (ADX:ADAVIATION) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

P.O. Box 2723, Abu Dhabi, ARE

Website

https://ada.ae

Abu Dhabi Aviation Co is a commercial airline operator based in the Middle East. Its key revenue-generating segment is that of helicopters and fixed-wing aircraft operations within the United Arab Emirates. Among its other business segments are Commercial Aircraft Operations, Air Cargo, Investments, Helicopter and fixed wing operations and others. The firm generates revenue from the Helicopter & fixed wing operations. Other sources of revenue include training of pilots, rental income from investment properties and other management consultancy services.

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