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Ho Wah Genting Bhd (XKLS:9601) Debt-to-EBITDA : -1.28 (As of Dec. 2023)


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What is Ho Wah Genting Bhd Debt-to-EBITDA?

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

Ho Wah Genting Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM5.2 Mil. Ho Wah Genting Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.0 Mil. Ho Wah Genting Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM-7.2 Mil. Ho Wah Genting Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.28.

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 Ho Wah Genting Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:9601' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -38.67   Med: -2.47   Max: 10.26
Current: 0.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ho Wah Genting Bhd was 10.26. The lowest was -38.67. And the median was -2.47.

XKLS:9601's Debt-to-EBITDA is ranked better than
65.98% of 2290 companies
in the Industrial Products industry
Industry Median: 1.71 vs XKLS:9601: 0.92

Ho Wah Genting Bhd Debt-to-EBITDA Historical Data

The historical data trend for Ho Wah Genting 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.

Ho Wah Genting Bhd Debt-to-EBITDA Chart

Ho Wah Genting Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Apr22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.14 8.20 -38.67 10.26 0.92

Ho Wah Genting Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Mar21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 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 0.36 5.53 2.74 0.22 -1.28

Competitive Comparison of Ho Wah Genting Bhd's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Ho Wah Genting 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.


Ho Wah Genting Bhd's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ho Wah Genting Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ho Wah Genting Bhd's Debt-to-EBITDA falls into.



Ho Wah Genting Bhd Debt-to-EBITDA Calculation

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

Ho Wah Genting Bhd'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
=(5.215 + 4.009) / 10.071
=0.92

Ho Wah Genting 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
=(5.215 + 4.009) / -7.184
=-1.28

* 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.


Ho Wah Genting Bhd  (XKLS:9601) 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.


Ho Wah Genting Bhd Debt-to-EBITDA Related Terms

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


Ho Wah Genting Bhd (XKLS:9601) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Jalan Maharajalela, 1st Floor, Wisma Ho Wah Genting, Kuala Lumpur, SGR, MYS, 50150
Ho Wah Genting Bhd is engaged in investment holdings and the provision of management services to its subsidiaries. The group has four operating segments, namely, Investment, Moulded power supply cord sets, Healthcare and Travelling Services. Moulded power supply cord sets is engaged in manufacturing and trading of wires and cables, moulded power supply cord sets and cable assemblies for electrical and electronic devices and equipment. The group earns a majority of the revenue from Moulded power supply cord sets. Geographically, the group has a presence in North America, Malaysia and the Rest of Asia; with a majority of the revenue being generated from North America.

Ho Wah Genting Bhd (XKLS:9601) Headlines

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