Rimbaco Group Global (HKSE:01953) Debt-to-EBITDA : 0.02 (As of Oct. 2023)

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What is Rimbaco Group Global Debt-to-EBITDA?

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

Rimbaco Group Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$0.4 Mil. Rimbaco Group Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$0.8 Mil. Rimbaco Group Global's annualized EBITDA for the quarter that ended in Oct. 2023 was HK$57.6 Mil. Rimbaco Group Global's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was 0.02.

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 Rimbaco Group Global's Debt-to-EBITDA or its related term are showing as below:

HKSE:01953' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0.04 Max: 0.34
Current: 0.03

During the past 7 years, the highest Debt-to-EBITDA Ratio of Rimbaco Group Global was 0.34. The lowest was 0.00. And the median was 0.04.

HKSE:01953's Debt-to-EBITDA is ranked better than
98.24% of 1309 companies
in the Construction industry
Industry Median: 2.28 vs HKSE:01953: 0.03

Rimbaco Group Global Debt-to-EBITDA Historical Data

The historical data trend for Rimbaco Group Global'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.

Rimbaco Group Global Debt-to-EBITDA Chart

Rimbaco Group Global Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Debt-to-EBITDA

Get a 7-Day Free Trial

0.31

0.28

0.04

0.03

Rimbaco Group Global Semi-Annual Data
	Oct17	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-EBITDA	Get a 7-Day Free Trial							0.73	-	-	-	0.02

Competitive Comparison of Rimbaco Group Global's Debt-to-EBITDA

For the Engineering & Construction subindustry, Rimbaco Group Global'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.

Rimbaco Group Global's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Rimbaco Group Global's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Rimbaco Group Global's Debt-to-EBITDA falls into.

Rimbaco Group Global Debt-to-EBITDA Calculation

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

Rimbaco Group Global's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.447	+	0.849)	/	50.285
	=	0.03

Rimbaco Group Global's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.447	+	0.849)	/	57.564
	=	0.02

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 (Oct. 2023) EBITDA data.

Rimbaco Group Global (HKSE:01953) 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.

Rimbaco Group Global Debt-to-EBITDA Related Terms

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

Rimbaco Group Global (HKSE:01953) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Rimbaco Group Global Ltd (HKSE:01953) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Silver Square, Perak Road, 309-E, 1st floor, George Town, MYS, 10150

Website

https://www.rimbaco.com.my

Rimbaco Group Global Ltd is a Malaysia-based building construction contractor focusing on the provision of building construction services for factories, including low-rise processing facilities and manufacturing plants; and institutional, commercial, and/or residential buildings such as private hospitals, hotels, shopping malls, high-rise residential buildings, and commercial/residential complex. The company also undertakes small-scale ancillary construction works, including but not limited to renovation works, repair works, and electrical works.

Executives

Lai Swee Yin
Low Seah Sun	2201 Interest of corporation controlled by you
Rbc Venture Limited

Rimbaco Group Global (HKSE:01953) Headlines

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