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Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is Kuwait Reinsurance Co KSC Debt-to-EBITDA?

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

Kuwait Reinsurance Co KSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD0.00 Mil. Kuwait Reinsurance Co KSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD0.00 Mil. Kuwait Reinsurance Co KSC's annualized EBITDA for the quarter that ended in Dec. 2023 was KWD0.00 Mil.

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 Kuwait Reinsurance Co KSC's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kuwait Reinsurance Co KSC was 0.62. The lowest was 0.00. And the median was 0.62.

KUW:KUWAITRE's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.49
* Ranked among companies with meaningful Debt-to-EBITDA only.

Kuwait Reinsurance Co KSC Debt-to-EBITDA Historical Data

The historical data trend for Kuwait Reinsurance Co KSC'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.

Kuwait Reinsurance Co KSC Debt-to-EBITDA Chart

Kuwait Reinsurance Co KSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Kuwait Reinsurance Co KSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Kuwait Reinsurance Co KSC's Debt-to-EBITDA

For the Insurance - Reinsurance subindustry, Kuwait Reinsurance Co KSC'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.


Kuwait Reinsurance Co KSC's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Kuwait Reinsurance Co KSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kuwait Reinsurance Co KSC's Debt-to-EBITDA falls into.



Kuwait Reinsurance Co KSC Debt-to-EBITDA Calculation

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

Kuwait Reinsurance Co KSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Kuwait Reinsurance Co KSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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.


Kuwait Reinsurance Co KSC  (KUW:KUWAITRE) 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.


Kuwait Reinsurance Co KSC Debt-to-EBITDA Related Terms

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


Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Business Description

Traded in Other Exchanges
N/A
Address
Al-Shuhada's Street, Kuwait Return Tower- 8, 9, 13 Floors, Al Sharq District, Kuwait, KWT
Kuwait Reinsurance Co KSC operates as a reinsurance company. It provides traditional and tailored reinsurance solutions to its customers in the energy sector in Kuwait. The company provides tailored risk solutions for a variety of industries. Their operating segments include Fire, General Accident, Marine, Energy, Aviation, and life. The majority of the revenue is derived from its fire insurance business. The company's activities are spread across Kuwait, the Middle East, and North Africa.

Kuwait Reinsurance Co KSC (KUW:KUWAITRE) Headlines

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