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Hor Kew (SGX:BBP) Debt-to-EBITDA : 2.82 (As of Dec. 2023)


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What is Hor Kew Debt-to-EBITDA?

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

Hor Kew's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$26.3 Mil. Hor Kew's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$28.8 Mil. Hor Kew's annualized EBITDA for the quarter that ended in Dec. 2023 was S$19.5 Mil. Hor Kew's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.82.

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 Hor Kew's Debt-to-EBITDA or its related term are showing as below:

SGX:BBP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.8   Med: 6.6   Max: 27.69
Current: 3.31

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hor Kew was 27.69. The lowest was -5.80. And the median was 6.60.

SGX:BBP's Debt-to-EBITDA is ranked worse than
60.62% of 1313 companies
in the Construction industry
Industry Median: 2.3 vs SGX:BBP: 3.31

Hor Kew Debt-to-EBITDA Historical Data

The historical data trend for Hor Kew'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.

Hor Kew Debt-to-EBITDA Chart

Hor Kew Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.52 9.47 5.68 5.31 3.31

Hor Kew 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 6.10 4.55 6.68 4.23 2.82

Competitive Comparison of Hor Kew's Debt-to-EBITDA

For the Engineering & Construction subindustry, Hor Kew'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.


Hor Kew's Debt-to-EBITDA Distribution in the Construction Industry

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

* The bar in red indicates where Hor Kew's Debt-to-EBITDA falls into.



Hor Kew Debt-to-EBITDA Calculation

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

Hor Kew'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
=(26.254 + 28.779) / 16.652
=3.30

Hor Kew'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
=(26.254 + 28.779) / 19.508
=2.82

* 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.


Hor Kew  (SGX:BBP) 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.


Hor Kew Debt-to-EBITDA Related Terms

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


Hor Kew (SGX:BBP) Business Description

Traded in Other Exchanges
N/A
Address
66 Kallang Pudding Road, No. 07-01, Hor Kew Business Centre, Singapore, SGP, 349324
Hor Kew Corp Ltd is a building construction company that provides construction-related products and services. The company manufactures and supplies prestressed and reinforced concrete building components and prefinished architectural precast components. Its segments include Property investment and development segment that is engaged in the development, sales and leasing of residential, commercial and industrial properties, construction segment that is engaged in constructing residential, institutional, industrial and commercial properties as the main contractor; and Prefabrication segment that is engaged in design, manufacture and sales of prestressed and reinforced concrete building components as well as prefabricated architectural metal components.

Hor Kew (SGX:BBP) Headlines