Old Chang Kee (SGX:5ML) Debt-to-EBITDA : 0.94 (As of Sep. 2023)

View and export this data going back to 2008. Start your Free Trial

What is Old Chang Kee Debt-to-EBITDA?

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

Old Chang Kee's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$10.64 Mil. Old Chang Kee's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$13.61 Mil. Old Chang Kee's annualized EBITDA for the quarter that ended in Sep. 2023 was S$25.89 Mil. Old Chang Kee's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.94.

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 Old Chang Kee's Debt-to-EBITDA or its related term are showing as below:

SGX:5ML' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.38 Med: 1.09 Max: 1.57
Current: 1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Old Chang Kee was 1.57. The lowest was 0.38. And the median was 1.09.

SGX:5ML's Debt-to-EBITDA is ranked better than
82.97% of 276 companies
in the Restaurants industry
Industry Median: 2.995 vs SGX:5ML: 1.00

Old Chang Kee Debt-to-EBITDA Historical Data

The historical data trend for Old Chang Kee'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.

Old Chang Kee Debt-to-EBITDA Chart

Old Chang Kee Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

Get a 7-Day Free Trial

0.89

1.57

1.06

1.24

1.16

Old Chang Kee Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															1.20	1.33	1.12	1.12	0.94

Competitive Comparison of Old Chang Kee's Debt-to-EBITDA

For the Restaurants subindustry, Old Chang Kee'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.

Old Chang Kee's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Old Chang Kee's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Old Chang Kee's Debt-to-EBITDA falls into.

Old Chang Kee Debt-to-EBITDA Calculation

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

Old Chang Kee'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
	=	(10.851	+	14.494)	/	21.9
	=	1.16

Old Chang Kee's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(10.639	+	13.612)	/	25.89
	=	0.94

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 (Sep. 2023) EBITDA data.

Old Chang Kee (SGX:5ML) 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.

Old Chang Kee Debt-to-EBITDA Related Terms

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

Old Chang Kee (SGX:5ML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Old Chang Kee Ltd (SGX:5ML) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Woodlands Terrace, Singapore, SGP, 738427

Website

https://www.oldchangkee.com

Old Chang Kee Ltd is engaged in the manufacturing and distribution of food products. The company's products include curry puffs, fishballs, chicken nuggets, and chicken wings. It also provides catering services in Singapore. The company's geographical segments include Singapore, Australia, and Malaysia, and derives a majority of its revenue from Singapore. The company is engaged in the manufacture and sale of food products under the Old Chang Kee brand name, Bun Times retail outlets offer Hainanese buns with a range of fillings, such as curry chicken and coconut, and the Curry Times, Take 5 and Mushroom to dine in retail outlets carry a range of local delights, such as laksa, mee siam, nasi lemak, and curry chicken.

Old Chang Kee (SGX:5ML) Headlines

No Headlines