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Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Debt-to-EBITDA : 0.05 (As of Dec. 2021)


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What is Al Seer Marine Supplies & Equipment PJSC Debt-to-EBITDA?

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

Al Seer Marine Supplies & Equipment PJSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was د.إ122.2 Mil. Al Seer Marine Supplies & Equipment PJSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was د.إ6.5 Mil. Al Seer Marine Supplies & Equipment PJSC's annualized EBITDA for the quarter that ended in Dec. 2021 was د.إ2,527.5 Mil. Al Seer Marine Supplies & Equipment PJSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 was 0.05.

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 Al Seer Marine Supplies & Equipment PJSC's Debt-to-EBITDA or its related term are showing as below:

ADX:ASM's Debt-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 2.81
* Ranked among companies with meaningful Debt-to-EBITDA only.

Al Seer Marine Supplies & Equipment PJSC Debt-to-EBITDA Historical Data

The historical data trend for Al Seer Marine Supplies & Equipment PJSC'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.

Al Seer Marine Supplies & Equipment PJSC Debt-to-EBITDA Chart

Al Seer Marine Supplies & Equipment PJSC Annual Data
Trend Dec20 Dec21
Debt-to-EBITDA
0.17 0.05

Al Seer Marine Supplies & Equipment PJSC Semi-Annual Data
Dec20 Dec21
Debt-to-EBITDA 0.17 0.05

Competitive Comparison of Al Seer Marine Supplies & Equipment PJSC's Debt-to-EBITDA

For the Marine Shipping subindustry, Al Seer Marine Supplies & Equipment PJSC'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.


Al Seer Marine Supplies & Equipment PJSC's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Al Seer Marine Supplies & Equipment PJSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Al Seer Marine Supplies & Equipment PJSC's Debt-to-EBITDA falls into.



Al Seer Marine Supplies & Equipment PJSC Debt-to-EBITDA Calculation

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

Al Seer Marine Supplies & Equipment PJSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(122.183 + 6.53) / 2527.495
=0.05

Al Seer Marine Supplies & Equipment PJSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(122.183 + 6.53) / 2527.495
=0.05

* 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 one times the quarterly (Dec. 2021) EBITDA data.


Al Seer Marine Supplies & Equipment PJSC  (ADX:ASM) 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.


Al Seer Marine Supplies & Equipment PJSC Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Al Seer Marine Supplies & Equipment PJSC's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Al Seer Marine Supplies & Equipment PJSC (ADX:ASM) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Plot Number A-20, Sector MW-5, P.O. Box 33639, Mussafah Industrial City, Abu Dhabi, ARE
Al Seer Marine Supplies & Equipment PJSC is a marine company in the Arabian maritime region, with a portfolio of services that caters to all needs of boat owners, managers and crew. The services of the company include Boat Building, Maintenance Services, Yacht Management, Training Institute, and Maintenance services among others.