GURUFOCUS.COM » STOCK LIST » Technology » Software » Harvest Miracle Capital Bhd (XKLS:0060) » Definitions » Debt-to-EBITDA

Harvest Miracle Capital Bhd (XKLS:0060) Debt-to-EBITDA : 0.10 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Harvest Miracle Capital Bhd Debt-to-EBITDA?

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

Harvest Miracle Capital Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1.57 Mil. Harvest Miracle Capital Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM7.13 Mil. Harvest Miracle Capital Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM88.62 Mil. Harvest Miracle Capital Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.10.

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 Harvest Miracle Capital Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0060' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -382.62   Med: 0.03   Max: 53.57
Current: 4.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Harvest Miracle Capital Bhd was 53.57. The lowest was -382.62. And the median was 0.03.

XKLS:0060's Debt-to-EBITDA is ranked worse than
80.94% of 1600 companies
in the Software industry
Industry Median: 1.06 vs XKLS:0060: 4.33

Harvest Miracle Capital Bhd Debt-to-EBITDA Historical Data

The historical data trend for Harvest Miracle Capital Bhd'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.

Harvest Miracle Capital Bhd Debt-to-EBITDA Chart

Harvest Miracle Capital Bhd Annual Data
Trend Dec12 Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 -230.62 53.57 0.24 -382.62

Harvest Miracle Capital Bhd 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 0.07 -0.29 -0.13 1.49 0.10

Competitive Comparison of Harvest Miracle Capital Bhd's Debt-to-EBITDA

For the Information Technology Services subindustry, Harvest Miracle Capital Bhd'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.


Harvest Miracle Capital Bhd's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Harvest Miracle Capital Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Harvest Miracle Capital Bhd's Debt-to-EBITDA falls into.



Harvest Miracle Capital Bhd Debt-to-EBITDA Calculation

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

Harvest Miracle Capital Bhd'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
=(1.728 + 6.307) / -0.021
=-382.62

Harvest Miracle Capital Bhd'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
=(1.572 + 7.131) / 88.624
=0.10

* 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.


Harvest Miracle Capital Bhd  (XKLS:0060) 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.


Harvest Miracle Capital Bhd Debt-to-EBITDA Related Terms

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


Harvest Miracle Capital Bhd (XKLS:0060) Business Description

Traded in Other Exchanges
Address
No 685, Jalan Damansara, TTDI, 9-3A, Oval Tower, Damansara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Harvest Miracle Capital Bhd is an investment holding company. It operates in seven segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products and software development and support services and others. Its product categories include the Vacuum valve and Rupture Disk. Geographically, it operates only in Malaysia.

Harvest Miracle Capital Bhd (XKLS:0060) Headlines

No Headlines