ADNOC Logistics & Services (ADX:ADNOCLS) Debt-to-EBITDA : 3.71 (As of Dec. 2022)

View and export this data going back to 2023. Start your Free Trial

What is ADNOC Logistics & Services Debt-to-EBITDA?

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

ADNOC Logistics & Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was د.إ36 Mil. ADNOC Logistics & Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was د.إ7,233 Mil. ADNOC Logistics & Services's annualized EBITDA for the quarter that ended in Dec. 2022 was د.إ1,957 Mil. ADNOC Logistics & Services's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 3.71.

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 ADNOC Logistics & Services's Debt-to-EBITDA or its related term are showing as below:

ADX:ADNOCLS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.71 Med: 3.77 Max: 3.83
Current: 3.71

During the past 2 years, the highest Debt-to-EBITDA Ratio of ADNOC Logistics & Services was 3.83. The lowest was 3.71. And the median was 3.77.

ADX:ADNOCLS's Debt-to-EBITDA is ranked worse than
61.23% of 846 companies
in the Transportation industry
Industry Median: 2.805 vs ADX:ADNOCLS: 3.71

ADNOC Logistics & Services Debt-to-EBITDA Historical Data

The historical data trend for ADNOC Logistics & Services'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.

ADNOC Logistics & Services Debt-to-EBITDA Chart

ADNOC Logistics & Services Annual Data

Trend

Dec21

Dec22

Debt-to-EBITDA

3.83

3.71

ADNOC Logistics & Services Semi-Annual Data
	Dec21	Dec22
Debt-to-EBITDA	3.83	3.71

Competitive Comparison of ADNOC Logistics & Services's Debt-to-EBITDA

For the Marine Shipping subindustry, ADNOC Logistics & Services'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.

ADNOC Logistics & Services's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, ADNOC Logistics & Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where ADNOC Logistics & Services's Debt-to-EBITDA falls into.

ADNOC Logistics & Services Debt-to-EBITDA Calculation

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

ADNOC Logistics & Services's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(35.878	+	7233.125)	/	1957.217
	=	3.71

ADNOC Logistics & Services's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(35.878	+	7233.125)	/	1957.217
	=	3.71

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 one times the quarterly (Dec. 2022) EBITDA data.

ADNOC Logistics & Services (ADX:ADNOCLS) 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.

ADNOC Logistics & Services Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of ADNOC Logistics & Services's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

ADNOC Logistics & Services (ADX:ADNOCLS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » ADNOC Logistics & Services plc (ADX:ADNOCLS) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

Abu Dhabi Global Market Square, Part of Level 28, 28, Al Sarab Tower, Al Maryah Island, Abu Dhabi, ARE, 764649

Website

https://www.adnoc.ae

ADNOC Logistics & Services plc provides fully-integrated, end-to-end services to ADNOC Group companies and our extensive range of customers in the global energy maritime industry. Its business is organised into six operating segments plus others namely tankers, gas carriers, dry bulk shipping (which includes containers), offshore logistics services, onshore logistics services, marine services, and others.

ADNOC Logistics & Services (ADX:ADNOCLS) Headlines

No Headlines