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Key Asic Bhd (XKLS:0143) Debt-to-EBITDA : -0.07 (As of Feb. 2024)


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What is Key Asic Bhd Debt-to-EBITDA?

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

Key Asic Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM0.56 Mil. Key Asic Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM0.00 Mil. Key Asic Bhd's annualized EBITDA for the quarter that ended in Feb. 2024 was RM-8.54 Mil. Key Asic Bhd's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was -0.07.

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 Key Asic Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0143' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.29   Med: -0.09   Max: -0.03
Current: -0.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Key Asic Bhd was -0.03. The lowest was -0.29. And the median was -0.09.

XKLS:0143's Debt-to-EBITDA is ranked worse than
100% of 707 companies
in the Semiconductors industry
Industry Median: 1.6 vs XKLS:0143: -0.18

Key Asic Bhd Debt-to-EBITDA Historical Data

The historical data trend for Key Asic 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.

Key Asic Bhd Debt-to-EBITDA Chart

Key Asic Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 May18 May19 May20 May21 May22 May23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.07 -0.12 -0.03 -0.29

Key Asic Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.51 0.22 -0.08 0.28 -0.07

Competitive Comparison of Key Asic Bhd's Debt-to-EBITDA

For the Semiconductors subindustry, Key Asic 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.


Key Asic Bhd's Debt-to-EBITDA Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Key Asic Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Key Asic Bhd's Debt-to-EBITDA falls into.



Key Asic Bhd Debt-to-EBITDA Calculation

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

Key Asic Bhd's Debt-to-EBITDA for the fiscal year that ended in May. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.391 + 0.544) / -3.226
=-0.29

Key Asic Bhd's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.555 + 0) / -8.536
=-0.07

* 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 (Feb. 2024) EBITDA data.


Key Asic Bhd  (XKLS:0143) 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.


Key Asic Bhd Debt-to-EBITDA Related Terms

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


Key Asic Bhd (XKLS:0143) Business Description

Traded in Other Exchanges
N/A
Address
8, First Avenue, 6th Floor, Unit 3, Bandar Utama, Petaling Jaya, SGR, MYS, 47800
Key Asic Bhd engages in turnkey application-specific integrated circuit design services for consumer, wireless, and personal electronics applications. It also provides data processing, data management, disk-based backup solutions, telecommunications, office automation, network infrastructure, and intelligent storage networking support. It operates through the Non-Recurring Engineering Services and Recurring Engineering Services business segments.

Key Asic Bhd (XKLS:0143) Headlines

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