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Tye Soon (SGX:BFU) Debt-to-EBITDA : 5.58 (As of Dec. 2023)


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What is Tye Soon Debt-to-EBITDA?

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

Tye Soon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$76.2 Mil. Tye Soon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$5.1 Mil. Tye Soon's annualized EBITDA for the quarter that ended in Dec. 2023 was S$14.6 Mil. Tye Soon's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.58.

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 Tye Soon's Debt-to-EBITDA or its related term are showing as below:

SGX:BFU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.72   Med: 7.76   Max: 25.87
Current: 5.44

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tye Soon was 25.87. The lowest was 4.72. And the median was 7.76.

SGX:BFU's Debt-to-EBITDA is ranked worse than
87.4% of 127 companies
in the Industrial Distribution industry
Industry Median: 2.11 vs SGX:BFU: 5.44

Tye Soon Debt-to-EBITDA Historical Data

The historical data trend for Tye Soon'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.

Tye Soon Debt-to-EBITDA Chart

Tye Soon 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 9.81 7.61 5.46 4.87 5.44

Tye Soon 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 5.55 4.40 4.68 5.58 5.58

Competitive Comparison of Tye Soon's Debt-to-EBITDA

For the Industrial Distribution subindustry, Tye Soon'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.


Tye Soon's Debt-to-EBITDA Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Tye Soon's Debt-to-EBITDA distribution charts can be found below:

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



Tye Soon Debt-to-EBITDA Calculation

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

Tye Soon'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
=(76.2 + 5.076) / 14.953
=5.44

Tye Soon'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
=(76.2 + 5.076) / 14.568
=5.58

* 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.


Tye Soon  (SGX:BFU) 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.


Tye Soon Debt-to-EBITDA Related Terms

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


Tye Soon (SGX:BFU) Business Description

Traded in Other Exchanges
N/A
Address
3C Toh Guan Road East, Number 02-01, Singapore, SGP, 608832
Tye Soon Ltd is a Singapore based company primarily engaged in import, export, and distribution of automotive parts. The products of the company are electrical and aircon parts, transmission, chassis and body parts, engine parts, brake parts, fuel range, and others. It has operations in Singapore, Malaysia, Thailand, Indonesia, South Korea, and other countries. It generates key revenue from operations in Malaysia. The company's global brands include Genuine Parts; Mercedes-Benz; Hengst and Mann Filter; GMB and others.

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