Ever Glory United Holdings (SGX:ZKX) Debt-to-EBITDA : 0.37 (As of Dec. 2023)

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What is Ever Glory United Holdings Debt-to-EBITDA?

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

Ever Glory United Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1.11 Mil. Ever Glory United Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.47 Mil. Ever Glory United Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was S$4.34 Mil. Ever Glory United Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.37.

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 Ever Glory United Holdings's Debt-to-EBITDA or its related term are showing as below:

SGX:ZKX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.18 Med: 0.53 Max: 0.91
Current: 0.18

During the past 4 years, the highest Debt-to-EBITDA Ratio of Ever Glory United Holdings was 0.91. The lowest was 0.18. And the median was 0.53.

SGX:ZKX's Debt-to-EBITDA is ranked better than
90.31% of 1310 companies
in the Construction industry
Industry Median: 2.305 vs SGX:ZKX: 0.18

Ever Glory United Holdings Debt-to-EBITDA Historical Data

The historical data trend for Ever Glory United Holdings'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.

Ever Glory United Holdings Debt-to-EBITDA Chart

Ever Glory United Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.68

0.91

0.39

0.18

Ever Glory United Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-	0.31	0.07	0.37

Competitive Comparison of Ever Glory United Holdings's Debt-to-EBITDA

For the Engineering & Construction subindustry, Ever Glory United Holdings'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.

Ever Glory United Holdings's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ever Glory United Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ever Glory United Holdings's Debt-to-EBITDA falls into.

Ever Glory United Holdings Debt-to-EBITDA Calculation

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

Ever Glory United Holdings'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
	=	(1.11	+	0.474)	/	8.834
	=	0.18

Ever Glory United Holdings'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
	=	(1.11	+	0.474)	/	4.338
	=	0.37

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.

Ever Glory United Holdings (SGX:ZKX) 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.

Ever Glory United Holdings Debt-to-EBITDA Related Terms

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

Ever Glory United Holdings (SGX:ZKX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ever Glory United Holdings Ltd (SGX:ZKX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Little Road, No. 03-01 CRF Building, Singapore, SGP, 536982

Website

Ever Glory United Holdings Ltd is a Singapore-based M&E engineering service provider specializing in providing a wide range of M&E engineering services. Its services involve projects in both public and private sectors, such as the development or redevelopment of HDB residential flats, private residential properties, private schools, mixed-use properties, commercial buildings, or industrial buildings. It provides M&E engineering services as either an NSC or a DSC. The company specializes in the following areas of M&E engineering services: ACMV systems; electrical engineering systems; FP systems; PSG systems; and IBS.

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