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Asian Micro Holdings (SGX:585) Debt-to-EBITDA : -0.31 (As of Dec. 2023)


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What is Asian Micro Holdings Debt-to-EBITDA?

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

Asian Micro Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.04 Mil. Asian Micro Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$0.11 Mil. Asian Micro Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was S$-0.50 Mil. Asian Micro Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.31.

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 Asian Micro Holdings's Debt-to-EBITDA or its related term are showing as below:

SGX:585' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.08   Med: -0.26   Max: 2.47
Current: -0.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asian Micro Holdings was 2.47. The lowest was -2.08. And the median was -0.26.

SGX:585's Debt-to-EBITDA is ranked worse than
100% of 720 companies
in the Oil & Gas industry
Industry Median: 1.765 vs SGX:585: -0.22

Asian Micro Holdings Debt-to-EBITDA Historical Data

The historical data trend for Asian Micro 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.

Asian Micro Holdings Debt-to-EBITDA Chart

Asian Micro Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.43 0.93 -0.28 -2.08 -0.24

Asian Micro Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 1.83 -0.43 -0.36 -0.19 -0.31

Competitive Comparison of Asian Micro Holdings's Debt-to-EBITDA

For the Oil & Gas Midstream subindustry, Asian Micro 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.


Asian Micro Holdings's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Asian Micro Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Asian Micro Holdings's Debt-to-EBITDA falls into.



Asian Micro Holdings Debt-to-EBITDA Calculation

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

Asian Micro Holdings's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.04 + 0.134) / -0.732
=-0.24

Asian Micro 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
=(0.042 + 0.113) / -0.5
=-0.31

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Asian Micro Holdings  (SGX:585) 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.


Asian Micro Holdings Debt-to-EBITDA Related Terms

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


Asian Micro Holdings (SGX:585) Business Description

Traded in Other Exchanges
N/A
Address
63 Hillview Avenue, No. 08-01 Lam Soon Industrial Building, Singapore, SGP, 669569
Asian Micro Holdings Ltd provides Compressed Natural Gas supply and related products and services. The company's Compressed Natural Gas supply is used for storing and transporting Compressed Natural Gas to local industries for gas cutting, heat treatment, and power generation. It is used for powering natural gas engines and off-the-road vehicles. It provides services to oil and gas, marine and offshore, aviation, shipyard, and manufacturing industries. The company also provides cleanroom-grade plastic packaging bags and materials for packaging cleaned finished products in the hard disk drive and semiconductor industries. Its segments include Manufacturing and trading, Corporate, Property business, and Natural Gas Vehicle-related business.

Asian Micro Holdings (SGX:585) Headlines

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