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EFU Life Assurance (KAR:EFUL) Debt-to-EBITDA : 0.11 (As of Mar. 2024)


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What is EFU Life Assurance Debt-to-EBITDA?

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

EFU Life Assurance's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨0 Mil. EFU Life Assurance's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₨642 Mil. EFU Life Assurance's annualized EBITDA for the quarter that ended in Mar. 2024 was ₨5,913 Mil. EFU Life Assurance's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.11.

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 EFU Life Assurance's Debt-to-EBITDA or its related term are showing as below:

KAR:EFUL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.12   Med: 0.16   Max: 0.24
Current: 0.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of EFU Life Assurance was 0.24. The lowest was 0.12. And the median was 0.16.

KAR:EFUL's Debt-to-EBITDA is ranked better than
88.22% of 297 companies
in the Insurance industry
Industry Median: 1.44 vs KAR:EFUL: 0.12

EFU Life Assurance Debt-to-EBITDA Historical Data

The historical data trend for EFU Life Assurance'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.

EFU Life Assurance Debt-to-EBITDA Chart

EFU Life Assurance 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 0.15 0.16 0.24 0.20 0.15

EFU Life Assurance Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.18 0.11 0.15 0.13 0.11

Competitive Comparison of EFU Life Assurance's Debt-to-EBITDA

For the Insurance - Diversified subindustry, EFU Life Assurance'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.


EFU Life Assurance's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, EFU Life Assurance's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where EFU Life Assurance's Debt-to-EBITDA falls into.



EFU Life Assurance Debt-to-EBITDA Calculation

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

EFU Life Assurance'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
=(103.996 + 583.2) / 4625.536
=0.15

EFU Life Assurance's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 641.788) / 5912.916
=0.11

* 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 four times the quarterly (Mar. 2024) EBITDA data.


EFU Life Assurance  (KAR:EFUL) 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.


EFU Life Assurance Debt-to-EBITDA Related Terms

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


EFU Life Assurance (KAR:EFUL) Business Description

Traded in Other Exchanges
N/A
Address
8th East Street, Plot No. 112, EFU Life House, Phase 1, DHA, Karachi, SD, PAK
EFU Life Assurance Ltd is engaged in providing insurance services. The company operates through various business segments namely investment linked business, conventional business, pension business, accident and health business, Family takaful investment linked business, and Family takaful protection business. It generates maximum revenue from the Investment Linked Business segment.

EFU Life Assurance (KAR:EFUL) Headlines

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