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Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Debt-to-EBITDA : 13.06 (As of Dec. 2023)


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What is Societe Nationale d'Electrolyse et de Petrochimie Debt-to-EBITDA?

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

Societe Nationale d'Electrolyse et de Petrochimie's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD0.0 Mil. Societe Nationale d'Electrolyse et de Petrochimie's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was MAD260.3 Mil. Societe Nationale d'Electrolyse et de Petrochimie's annualized EBITDA for the quarter that ended in Dec. 2023 was MAD19.9 Mil. Societe Nationale d'Electrolyse et de Petrochimie's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 13.06.

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 Societe Nationale d'Electrolyse et de Petrochimie's Debt-to-EBITDA or its related term are showing as below:

CAS:SNP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.43   Med: 1.37   Max: 17.8
Current: 17.8

During the past 11 years, the highest Debt-to-EBITDA Ratio of Societe Nationale d'Electrolyse et de Petrochimie was 17.80. The lowest was 0.43. And the median was 1.37.

CAS:SNP's Debt-to-EBITDA is ranked worse than
74.2% of 1213 companies
in the Chemicals industry
Industry Median: 2.28 vs CAS:SNP: 17.80

Societe Nationale d'Electrolyse et de Petrochimie Debt-to-EBITDA Historical Data

The historical data trend for Societe Nationale d'Electrolyse et de Petrochimie'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.

Societe Nationale d'Electrolyse et de Petrochimie Debt-to-EBITDA Chart

Societe Nationale d'Electrolyse et de Petrochimie 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 1.34 2.14 1.42 1.67 17.80

Societe Nationale d'Electrolyse et de Petrochimie Semi-Annual Data
Dec13 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.23 - 3.17 27.14 13.06

Competitive Comparison of Societe Nationale d'Electrolyse et de Petrochimie's Debt-to-EBITDA

For the Specialty Chemicals subindustry, Societe Nationale d'Electrolyse et de Petrochimie'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.


Societe Nationale d'Electrolyse et de Petrochimie's Debt-to-EBITDA Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Societe Nationale d'Electrolyse et de Petrochimie's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Societe Nationale d'Electrolyse et de Petrochimie's Debt-to-EBITDA falls into.



Societe Nationale d'Electrolyse et de Petrochimie Debt-to-EBITDA Calculation

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

Societe Nationale d'Electrolyse et de Petrochimie'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
=(0 + 260.262) / 14.62
=17.80

Societe Nationale d'Electrolyse et de Petrochimie'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
=(0 + 260.262) / 19.924
=13.06

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Societe Nationale d'Electrolyse et de Petrochimie  (CAS:SNP) 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.


Societe Nationale d'Electrolyse et de Petrochimie Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Societe Nationale d'Electrolyse et de Petrochimie's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Business Description

Traded in Other Exchanges
N/A
Address
Route Cotiere N 111 - Mohammadia, Casablanca, MAR
Societe Nationale d'Electrolyse et de Petrochimie manufactures vinyl products (PVC and Compound PVC) and products resulting from electrolysis (Soda, Chlorine, Bleach) and Hydrochloric Acid. The company ioffers its products to BTP, Irrigation, Drinking water supply and sanitation, Detergency and domestic and industrial hygiene, Water treatment, and Food industry.

Societe Nationale d'Electrolyse et de Petrochimie (CAS:SNP) Headlines

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