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National for Tourism Hotels (ADX:NCTH) Debt-to-EBITDA : 3.33 (As of Dec. 2023)


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What is National for Tourism Hotels Debt-to-EBITDA?

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

National for Tourism Hotels's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ35.7 Mil. National for Tourism Hotels's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was د.إ351.0 Mil. National for Tourism Hotels's annualized EBITDA for the quarter that ended in Dec. 2023 was د.إ116.2 Mil. National for Tourism Hotels's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.33.

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 National for Tourism Hotels's Debt-to-EBITDA or its related term are showing as below:

ADX:NCTH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.19   Med: 1.9   Max: 3.85
Current: 3.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of National for Tourism Hotels was 3.85. The lowest was 1.19. And the median was 1.90.

ADX:NCTH's Debt-to-EBITDA is ranked worse than
55.52% of 625 companies
in the Travel & Leisure industry
Industry Median: 2.78 vs ADX:NCTH: 3.33

National for Tourism Hotels Debt-to-EBITDA Historical Data

The historical data trend for National for Tourism Hotels'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.

National for Tourism Hotels Debt-to-EBITDA Chart

National for Tourism Hotels 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 1.77 1.96 2.36 3.85 3.33

National for Tourism Hotels Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.77 1.96 2.36 3.85 3.33

Competitive Comparison of National for Tourism Hotels's Debt-to-EBITDA

For the Lodging subindustry, National for Tourism Hotels'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.


National for Tourism Hotels's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, National for Tourism Hotels's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where National for Tourism Hotels's Debt-to-EBITDA falls into.



National for Tourism Hotels Debt-to-EBITDA Calculation

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

National for Tourism Hotels'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
=(35.741 + 351.004) / 116.233
=3.33

National for Tourism Hotels'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
=(35.741 + 351.004) / 116.233
=3.33

* 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. 2023) EBITDA data.


National for Tourism Hotels  (ADX:NCTH) 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.


National for Tourism Hotels Debt-to-EBITDA Related Terms

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


National for Tourism Hotels (ADX:NCTH) Business Description

Traded in Other Exchanges
N/A
Address
Airport Road, P.O. Box 6942, Abu Dhabi, ARE
National Corp for Tourism Hotels owns, manages, and invests in hotels and leisure complexes. The company's operating segment include Hotels, Retail Services, Catering Services, and the Holding segment. Catering segment provides catering services on a contract basis. The Hotels segment provides room and food and beverages services to customers. Retail services segment provides beverages sales services to its customers. It generates maximum revenue from the Catering Services segment. Geographically, it operates only in the United Arab Emirates (UAE). It owns four hotels within the UAE: Abu Dhabi InterContinental Hotel, Danat Al Ain Resort.

National for Tourism Hotels (ADX:NCTH) Headlines

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