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Hoe Leong (SGX:H20) Debt-to-EBITDA : N/A (As of Dec. 2023)


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What is Hoe Leong Debt-to-EBITDA?

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

Hoe Leong's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$8.50 Mil. Hoe Leong's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$4.19 Mil. Hoe Leong's annualized EBITDA for the quarter that ended in Dec. 2023 was S$0.00 Mil.

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 Hoe Leong's Debt-to-EBITDA or its related term are showing as below:

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hoe Leong was 15.23. The lowest was -4.83. And the median was 5.14.

SGX:H20's Debt-to-EBITDA is not ranked *
in the Industrial Distribution industry.
Industry Median: 2.08
* Ranked among companies with meaningful Debt-to-EBITDA only.

Hoe Leong Debt-to-EBITDA Historical Data

The historical data trend for Hoe Leong'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.

Hoe Leong Debt-to-EBITDA Chart

Hoe Leong 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 15.23 10.72 7.57 4.75 5.54

Hoe Leong Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 -22.01 N/A N/A N/A N/A

Competitive Comparison of Hoe Leong's Debt-to-EBITDA

For the Industrial Distribution subindustry, Hoe Leong'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.


Hoe Leong's Debt-to-EBITDA Distribution in the Industrial Distribution Industry

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

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



Hoe Leong Debt-to-EBITDA Calculation

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

Hoe Leong'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
=(8.5 + 4.19) / 2.29
=5.54

Hoe Leong's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

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


Hoe Leong  (SGX:H20) 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.


Hoe Leong Debt-to-EBITDA Related Terms

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


Hoe Leong (SGX:H20) Business Description

Traded in Other Exchanges
N/A
Address
6 Clementi Loop, Singapore, SGP, 129814
Hoe Leong Corp Ltd is engaged in the designing, manufacturing, sale, and distribution of machinery parts and vessel chartering business. The operating segment of the company is Design and manufacture and Trading and distribution. The Design and manufacture segment, which is the key revenue driver for the company, is involved in the design, manufacture, and sale of equipment parts for heavy equipment and industrial machinery. It's Trading and distribution segment comprises trading and distribution of equipment parts for both heavy equipment and industrial machinery sourced from third parties.

Hoe Leong (SGX:H20) Headlines

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