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Wethaq Takaful Insurance Co KCSC (KUW:WETHAQ) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is Wethaq Takaful Insurance Co KCSC Debt-to-EBITDA?

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

Wethaq Takaful Insurance Co KCSC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD0.00 Mil. Wethaq Takaful Insurance Co KCSC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was KWD0.00 Mil. Wethaq Takaful Insurance Co KCSC's annualized EBITDA for the quarter that ended in Dec. 2023 was KWD0.00 Mil.

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 Wethaq Takaful Insurance Co KCSC's Debt-to-EBITDA or its related term are showing as below:

KUW:WETHAQ's Debt-to-EBITDA is not ranked *
in the Insurance industry.
Industry Median: 1.43
* Ranked among companies with meaningful Debt-to-EBITDA only.

Wethaq Takaful Insurance Co KCSC Debt-to-EBITDA Historical Data

The historical data trend for Wethaq Takaful Insurance Co KCSC'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.

Wethaq Takaful Insurance Co KCSC Debt-to-EBITDA Chart

Wethaq Takaful Insurance Co KCSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Wethaq Takaful Insurance Co KCSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 N/A N/A N/A N/A N/A

Competitive Comparison of Wethaq Takaful Insurance Co KCSC's Debt-to-EBITDA

For the Insurance - Diversified subindustry, Wethaq Takaful Insurance Co KCSC'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.


Wethaq Takaful Insurance Co KCSC's Debt-to-EBITDA Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Wethaq Takaful Insurance Co KCSC's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Wethaq Takaful Insurance Co KCSC's Debt-to-EBITDA falls into.



Wethaq Takaful Insurance Co KCSC Debt-to-EBITDA Calculation

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

Wethaq Takaful Insurance Co KCSC's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Wethaq Takaful Insurance Co KCSC's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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 (Dec. 2023) EBITDA data.


Wethaq Takaful Insurance Co KCSC  (KUW:WETHAQ) 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.


Wethaq Takaful Insurance Co KCSC Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Wethaq Takaful Insurance Co KCSC's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Wethaq Takaful Insurance Co KCSC (KUW:WETHAQ) Business Description

Traded in Other Exchanges
N/A
Address
Khaled Bin Al Waleed Street, P.O. Box 371 City Tower, Sharq, 11 & 12 & Ground Floors, Safat, Kuwait City, KWT, 13004
Wethaq Takaful Insurance Co KCSC is engaged in the takaful, mutual, and retakaful insurance business. The company's core business activities are categorized into two key segments - Investment and Takaful Insurance. The majority of its revenue is derived from the Takaful Insurance segment. Its product portfolio comprises motors insurance, fire and property, construction and engineering, liabilities, health and life, financial, marine, and aviation insurance.

Wethaq Takaful Insurance Co KCSC (KUW:WETHAQ) Headlines

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