Econ Healthcare (Asia) (SGX:EHG) Debt-to-EBITDA : 2.51 (As of Sep. 2023)

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What is Econ Healthcare (Asia) Debt-to-EBITDA?

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

Econ Healthcare (Asia)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$8.58 Mil. Econ Healthcare (Asia)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$28.73 Mil. Econ Healthcare (Asia)'s annualized EBITDA for the quarter that ended in Sep. 2023 was S$14.87 Mil. Econ Healthcare (Asia)'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 2.51.

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 Econ Healthcare (Asia)'s Debt-to-EBITDA or its related term are showing as below:

SGX:EHG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.24 Med: 2.98 Max: 5.16
Current: 2.24

During the past 7 years, the highest Debt-to-EBITDA Ratio of Econ Healthcare (Asia) was 5.16. The lowest was 2.24. And the median was 2.98.

SGX:EHG's Debt-to-EBITDA is ranked better than
53.66% of 423 companies
in the Healthcare Providers & Services industry
Industry Median: 2.63 vs SGX:EHG: 2.24

Econ Healthcare (Asia) Debt-to-EBITDA Historical Data

The historical data trend for Econ Healthcare (Asia)'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.

Econ Healthcare (Asia) Debt-to-EBITDA Chart

Econ Healthcare (Asia) Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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2.76

3.35

2.70

5.16

2.87

Econ Healthcare (Asia) Semi-Annual Data
	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial						3.07	6.10	3.52	2.58	2.51

Competitive Comparison of Econ Healthcare (Asia)'s Debt-to-EBITDA

For the Medical Care Facilities subindustry, Econ Healthcare (Asia)'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.

Econ Healthcare (Asia)'s Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Econ Healthcare (Asia)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Econ Healthcare (Asia)'s Debt-to-EBITDA falls into.

Econ Healthcare (Asia) Debt-to-EBITDA Calculation

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

Econ Healthcare (Asia)'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
	=	(10.055	+	37.341)	/	16.498
	=	2.87

Econ Healthcare (Asia)'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
	=	(8.576	+	28.726)	/	14.866
	=	2.51

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.

Econ Healthcare (Asia) (SGX:EHG) 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.

Econ Healthcare (Asia) Debt-to-EBITDA Related Terms

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

Econ Healthcare (Asia) (SGX:EHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Econ Healthcare (Asia) Ltd (SGX:EHG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 Changi Road, No. 05-01-13, Hexacube, Singapore, SGP, 419728

Website

https://www.econhealthcare.com

Econ Healthcare (Asia) Ltd is a private nursing home operator in Singapore and Malaysia. The operating business segments are Medicare Centres and Nursing Homes and Other Operations and Ancillary Services. The company derives maximum revenue from the provision of medicare centres and the nursing home segment. Geographically it derives a majority of its revenue from Singapore.

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