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Salhia Real Estate Co KSCP (KUW:SRE) EBITDA : KWD31.43 Mil (TTM As of Mar. 2024)


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What is Salhia Real Estate Co KSCP EBITDA?

Salhia Real Estate Co KSCP's EBITDA for the three months ended in Mar. 2024 was KWD8.18 Mil. Its EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 was KWD31.43 Mil.

During the past 12 months, the average EBITDA Growth Rate of Salhia Real Estate Co KSCP was 23.30% per year. During the past 3 years, the average EBITDA Growth Rate was 1.80% per year. During the past 5 years, the average EBITDA Growth Rate was -1.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA Growth Rate using EBITDA data.

During the past 13 years, the highest 3-Year average EBITDA Growth Rate of Salhia Real Estate Co KSCP was 13.80% per year. The lowest was -33.00% per year. And the median was 1.10% per year.

Salhia Real Estate Co KSCP's EBITDA per Share for the three months ended in Mar. 2024 was KWD0.01. Its EBITDA per share for the trailing twelve months (TTM) ended in Mar. 2024 was KWD0.05.

During the past 12 months, the average EBITDA per Share Growth Rate of Salhia Real Estate Co KSCP was 20.00% per year. During the past 3 years, the average EBITDA per Share Growth Rate was 1.30% per year. During the past 5 years, the average EBITDA per Share Growth Rate was -1.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBITDA per share growth rate using EBITDA per Share data.

During the past 13 years, the highest 3-Year average EBITDA per Share Growth Rate of Salhia Real Estate Co KSCP was 13.80% per year. The lowest was -69.40% per year. And the median was 0.80% per year.


Salhia Real Estate Co KSCP EBITDA Historical Data

The historical data trend for Salhia Real Estate Co KSCP's 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.

Salhia Real Estate Co KSCP EBITDA Chart

Salhia Real Estate Co KSCP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.25 27.92 14.11 24.00 29.50

Salhia Real Estate Co KSCP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6.25 6.77 8.81 7.68 8.18

Competitive Comparison of Salhia Real Estate Co KSCP's EBITDA

For the Real Estate Services subindustry, Salhia Real Estate Co KSCP's EV-to-EBITDA, along with its competitors' market caps and EV-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.


Salhia Real Estate Co KSCP's EV-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Salhia Real Estate Co KSCP's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Salhia Real Estate Co KSCP's EV-to-EBITDA falls into.


Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Salhia Real Estate Co KSCP's EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Salhia Real Estate Co KSCP's EBITDA was directly provided by GuruFocus' data source Morningstar. For the fiscal year ended in Dec. 2023, Salhia Real Estate Co KSCP's EBITDA was KWD29.50 Mil.

Salhia Real Estate Co KSCP's EBITDA for the quarter that ended in Mar. 2024 is calculated as

Salhia Real Estate Co KSCP's EBITDA was directly provided by GuruFocus' data source Morningstar. For the quarter ended in Mar. 2024, Salhia Real Estate Co KSCP's EBITDA was KWD8.18 Mil.

EBITDA for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was KWD31.43 Mil.

* 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.

Sometimes companies may have already deducted Depreciation and Amortization from Gross Profit. In this case Depreciation and Amortization needs to be added back when calculating EBITDA.

Salhia Real Estate Co KSCP  (KUW:SRE) EBITDA Explanation

EBITDA is a cash flow measure that ignores changes in working capital. EBITDA minus Depreciation, and Amortization (DA) equals Operating Income. Operating Income is profit before interest and taxes. Of course, Interest and taxes need to be paid.

While depreciation and amortization expenses do not need to be paid in cash, assets - especially tangible assets - do need to be replaced over time. EBITDA is not a measure of profit in any sense. EBITDA is a measure of cash generation by a business where the uses of that cash may be more or less discretionary depending on the nature of the business.

The EBITDA of a TV station is largely discretionary. Owners may use much of the EBITDA generated by a TV station as they see fit. The EBITDA of a railroad is largely non-discretionary. Owners must use much of the EBITDA generated by a railroad to replace the physical assets of the railroad or the business will literally fall apart over time.

EBITDA can be thought of as the cash a business generates that is available to:

Add more inventory
Add more receivables
Replace property, plant, and equipment
Add more property, plant, and equipment
Pay interest
Pay taxes
And finally: pay owners

EBITDA is widely used in financial analysis because Depreciation and Amortization are not present day cash expenses.. Depreciation and amortization are the spreading out of the costs of assets over the time in which those assets provide benefits. Today's depreciation and amortization expenses relate to assets bought in the past. The assets being expensed may or may not need to be replaced in the future. And the cost to replace the assets may be more or less than it was in the past. For this reason, the depreciation and amortization expenses a company records in the present year may have no relationship to the actual cash costs needed to maintain its assets in future years.

A company's depreciation expense depends on both its expectations about the assets it owns and its choice of accounting methods. Two companies owning identical assets may have different depreciation expenses because they have different expectations about the useful lives of those assets and because they make different accounting choices.

Analysts use EBITDA to remove this element of personal choice from a company's accounting statements. The use of EBITDA is an attempt to make the results of different companies more comparable and uniform.


Be Aware

Although depreciation is not a cash cost it is a real business cost because the company has to pay for the fixed assets when they purchase them. Both Warren Buffett and Charlie Munger hate the idea of EBITDA because in this calculation, depreciation is not counted as an expense.

EBITDA over Revenue is a good metric for comparing the operating efficiencies between companies because EBITDA is less vulnerable to companies' accounting choices. For this reason, EBITDA is used in ranking the Predictability of Companies. Also Price-to-EBITDA is sometimes used in valuations.


Salhia Real Estate Co KSCP EBITDA Related Terms

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Salhia Real Estate Co KSCP (KUW:SRE) Business Description

Traded in Other Exchanges
N/A
Address
Mohammed Thunayan Al-Ghanim Street, P.O. Box 23413, Salhia Complex, Safat, Kuwait City, KWT, 13095
Salhia Real Estate Co KSC is engaged in real estate leasing and development of commercial properties and hotel operations in Kuwait and the United Kingdom. The company operates its business through three segments: Real Estate Operations, Hotel Operations, and Care Home Operations. Real Estate Operations being the highest revenue generator is engaged in the development and leasing of properties. Hotel Operations consist of the hotel hospitality services provided through JW Marriott Hotel - Kuwait; Courtyard Marriott Hotel-Kuwait; and Arraya Ballroom - Kuwait. Care Home Operations consist of care home activities provided by subsidiary companies. Its primary geographic markets are Kuwait & GCC and Europe.