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KAMCO Investment Company K.S.C.P (KUW:KAMCO) Debt-to-EBITDA : 3.78 (As of Dec. 2023)


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What is KAMCO Investment Company K.S.C.P Debt-to-EBITDA?

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

KAMCO Investment Company K.S.C.P's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD0.00 Mil. KAMCO Investment Company K.S.C.P's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD48.75 Mil. KAMCO Investment Company K.S.C.P's annualized EBITDA for the quarter that ended in Dec. 2023 was KWD12.89 Mil. KAMCO Investment Company K.S.C.P's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.78.

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 KAMCO Investment Company K.S.C.P's Debt-to-EBITDA or its related term are showing as below:

KUW:KAMCO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.28   Med: 9.85   Max: 36.97
Current: 11.62

During the past 13 years, the highest Debt-to-EBITDA Ratio of KAMCO Investment Company K.S.C.P was 36.97. The lowest was 3.28. And the median was 9.85.

KUW:KAMCO's Debt-to-EBITDA is ranked worse than
92.33% of 365 companies
in the Asset Management industry
Industry Median: 1.22 vs KUW:KAMCO: 11.62

KAMCO Investment Company K.S.C.P Debt-to-EBITDA Historical Data

The historical data trend for KAMCO Investment Company K.S.C.P'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.

KAMCO Investment Company K.S.C.P Debt-to-EBITDA Chart

KAMCO Investment Company K.S.C.P 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 5.62 36.97 3.28 5.17 10.73

KAMCO Investment Company K.S.C.P 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 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 4.10 -12.90 5.09 -21.72 3.78

Competitive Comparison of KAMCO Investment Company K.S.C.P's Debt-to-EBITDA

For the Asset Management subindustry, KAMCO Investment Company K.S.C.P'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.


KAMCO Investment Company K.S.C.P's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, KAMCO Investment Company K.S.C.P's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where KAMCO Investment Company K.S.C.P's Debt-to-EBITDA falls into.



KAMCO Investment Company K.S.C.P Debt-to-EBITDA Calculation

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

KAMCO Investment Company K.S.C.P'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
=(0 + 48.75) / 4.543
=10.73

KAMCO Investment Company K.S.C.P'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
=(0 + 48.75) / 12.892
=3.78

* 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 (Dec. 2023) EBITDA data.


KAMCO Investment Company K.S.C.P  (KUW:KAMCO) 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.


KAMCO Investment Company K.S.C.P Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of KAMCO Investment Company K.S.C.P's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


KAMCO Investment Company K.S.C.P (KUW:KAMCO) Business Description

Traded in Other Exchanges
N/A
Address
Khalid Bin Waleed Street, Al-Shaheed Tower, P.O.Box 28873, Sharq, Safat, Kuwait City, KWT, 13149
KAMCO Investment Company K.S.C.P is an investment banking company. Its activities include purchasing and investing in shares or bonds of the companies in real estate, industrial and agricultural sector, managing the funds of public and private institutions, a brokerage in lending and borrowing operations, provision of loans, dealing and trading in the foreign currency market, and undertaking operations related to securities trading such as purchase and sale of shares and bonds of companies. The company's segments include Investment banking and advisory, Asset management, Brokerage, and Strategic investments & corporate overheads. The company makes majority of its revenue from Asset management segment.

KAMCO Investment Company K.S.C.P (KUW:KAMCO) Headlines

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