Arabia Falcon Insurance Co (MUS:AFIC) Debt-to-EBITDA : 0.02 (As of Dec. 2023)

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What is Arabia Falcon Insurance Co Debt-to-EBITDA?

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

Arabia Falcon Insurance Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع0.00 Mil. Arabia Falcon Insurance Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was ر.ع0.03 Mil. Arabia Falcon Insurance Co's annualized EBITDA for the quarter that ended in Dec. 2023 was ر.ع1.12 Mil. Arabia Falcon Insurance Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.02.

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 Arabia Falcon Insurance Co's Debt-to-EBITDA or its related term are showing as below:

MUS:AFIC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 0.06 Max: 0.12
Current: 0.02

During the past 7 years, the highest Debt-to-EBITDA Ratio of Arabia Falcon Insurance Co was 0.12. The lowest was 0.02. And the median was 0.06.

MUS:AFIC's Debt-to-EBITDA is ranked better than
97.31% of 297 companies
in the Insurance industry
Industry Median: 1.44 vs MUS:AFIC: 0.02

Arabia Falcon Insurance Co Debt-to-EBITDA Historical Data

The historical data trend for Arabia Falcon Insurance Co'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.

Arabia Falcon Insurance Co Debt-to-EBITDA Chart

Arabia Falcon Insurance Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.06

0.02

0.11

0.12

0.02

Arabia Falcon Insurance Co Semi-Annual Data
	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			0.06	0.02	0.11	0.12	0.02

Competitive Comparison of Arabia Falcon Insurance Co's Debt-to-EBITDA

For the Insurance - Diversified subindustry, Arabia Falcon Insurance Co'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.

Arabia Falcon Insurance Co's Debt-to-EBITDA Distribution in the Insurance Industry

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

* The bar in red indicates where Arabia Falcon Insurance Co's Debt-to-EBITDA falls into.

Arabia Falcon Insurance Co Debt-to-EBITDA Calculation

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

Arabia Falcon Insurance Co'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	+	0.026)	/	1.117
	=	0.02

Arabia Falcon Insurance Co'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	+	0.026)	/	1.117
	=	0.02

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.

Arabia Falcon Insurance Co (MUS:AFIC) 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.

Arabia Falcon Insurance Co Debt-to-EBITDA Related Terms

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

Arabia Falcon Insurance Co (MUS:AFIC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Arabia Falcon Insurance Co (MUS:AFIC) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Landmark Building, Ground Floor, Boushar, P.O. Box 2279, Ruwi, Muscat, OMN, 112

Website

https://www.afic.om

Arabia Falcon Insurance Co operates as an insurance company in Oman. The company serves individual and corporate clients by providing various insurance products under different lines of business. Its products include Motor Insurance, Life Insurance, medical insurance, and P & C insurance. It generates maximum revenue from the property & casualty Insurance segment.

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