mm2 Asia (SGX:1B0) Debt-to-EBITDA : 4.23 (As of Sep. 2023)

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What is mm2 Asia Debt-to-EBITDA?

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

mm2 Asia's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$110.2 Mil. mm2 Asia's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$129.1 Mil. mm2 Asia's annualized EBITDA for the quarter that ended in Sep. 2023 was S$56.6 Mil. mm2 Asia's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 4.23.

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 mm2 Asia's Debt-to-EBITDA or its related term are showing as below:

SGX:1B0' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -10.98 Med: 0.65 Max: 11.55
Current: 8.86

During the past 10 years, the highest Debt-to-EBITDA Ratio of mm2 Asia was 11.55. The lowest was -10.98. And the median was 0.65.

SGX:1B0's Debt-to-EBITDA is ranked worse than
88.24% of 680 companies
in the Media - Diversified industry
Industry Median: 1.675 vs SGX:1B0: 8.86

mm2 Asia Debt-to-EBITDA Historical Data

The historical data trend for mm2 Asia'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.

mm2 Asia Debt-to-EBITDA Chart

mm2 Asia Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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2.84

3.93

-10.98

7.46

11.55

mm2 Asia Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															11.66	5.65	5.95	-90.22	4.23

Competitive Comparison of mm2 Asia's Debt-to-EBITDA

For the Entertainment subindustry, mm2 Asia'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.

mm2 Asia's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, mm2 Asia's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where mm2 Asia's Debt-to-EBITDA falls into.

mm2 Asia Debt-to-EBITDA Calculation

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

mm2 Asia's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(117.952	+	113.91)	/	20.083
	=	11.55

mm2 Asia's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(110.162	+	129.123)	/	56.594
	=	4.23

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 (Sep. 2023) EBITDA data.

mm2 Asia (SGX:1B0) 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.

mm2 Asia Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of mm2 Asia's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

mm2 Asia (SGX:1B0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » mm2 Asia Ltd (SGX:1B0) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1002 Jalan Bukit Merah, No. 07-11, Redhill Industrial Estate, Singapore, SGP, 159456

Website

https://www.mm2asia.com

mm2 Asia Ltd Asia Ltd's core business lies in film, TV, and online content production, distribution, and sponsorship. across the content, entertainment, cinema, event, and concert industries in Singapore, Malaysia, Hong Kong, Taiwan, China, and the United States of America. The company's reportable segments include Core business, Digital content production, Cinema operations, Concerts and events, and others. The Cinema operations segment refers to sales of cinema tickets and concessions, hall rental, and screen advertising. The Core business segment refers to the group's production and distribution of motion pictures, video and television programs, and sponsorship. It generates maximum revenue from the Core segment. Geographically, it derives a majority of its revenue from Singapore.

mm2 Asia (SGX:1B0) Headlines

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