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Saudi Arabian Mining Co (SAU:1211) Debt-to-EBITDA : 3.01 (As of Dec. 2023)


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What is Saudi Arabian Mining Co Debt-to-EBITDA?

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

Saudi Arabian Mining Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼4,428 Mil. Saudi Arabian Mining Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ﷼34,614 Mil. Saudi Arabian Mining Co's annualized EBITDA for the quarter that ended in Dec. 2023 was ﷼12,993 Mil. Saudi Arabian Mining Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.00.

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 Saudi Arabian Mining Co's Debt-to-EBITDA or its related term are showing as below:

SAU:1211' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.22   Med: 8.95   Max: 16.66
Current: 3.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Saudi Arabian Mining Co was 16.66. The lowest was 2.22. And the median was 8.95.

SAU:1211's Debt-to-EBITDA is ranked worse than
68.88% of 543 companies
in the Metals & Mining industry
Industry Median: 1.99 vs SAU:1211: 3.92

Saudi Arabian Mining Co Debt-to-EBITDA Historical Data

The historical data trend for Saudi Arabian Mining 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.

Saudi Arabian Mining Co Debt-to-EBITDA Chart

Saudi Arabian Mining Co 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 8.93 8.97 3.83 2.22 3.92

Saudi Arabian Mining 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 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 3.31 4.27 3.95 5.38 3.01

Competitive Comparison of Saudi Arabian Mining Co's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Saudi Arabian Mining 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.


Saudi Arabian Mining Co's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Saudi Arabian Mining Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Saudi Arabian Mining Co's Debt-to-EBITDA falls into.



Saudi Arabian Mining Co Debt-to-EBITDA Calculation

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

Saudi Arabian Mining 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
=(4428.414 + 34613.881) / 9967.874
=3.92

Saudi Arabian Mining 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
=(4428.414 + 34613.881) / 12993.256
=3.00

* 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.


Saudi Arabian Mining Co  (SAU:1211) 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.


Saudi Arabian Mining Co Debt-to-EBITDA Related Terms

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


Saudi Arabian Mining Co (SAU:1211) Business Description

Traded in Other Exchanges
N/A
Address
Abi Bakr Asseddiq Road, North Ring Road, Building Number 395, P.O. BOX 68861, South Exit 6, Riyadh, SAU, 11537
Saudi Arabian Mining Co, along with its subsidiaries, is involved in the development of mineral resources in Saudi Arabia. Its activities include mining of gold, phosphate rock, bauxite, low-grade bauxite, kaolin, and magnesite. It carries out its mining activities at Mahd Ad-Dahab, Bulghah, Al-Amar, Sukhaybarat, As Suq, Ad Duwayhi, Al-Jalamid, Al-Khabra, Az Zabirah, Al-Ghazallah, and Al-Ba'itha mines. It operates through various segments such as phosphate, aluminum, precious & base metals, and corporate. Its geographical segments are Europe, Spain, and the Indian Subcontinent.

Saudi Arabian Mining Co (SAU:1211) Headlines

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