Ecomate Holdings Bhd (XKLS:0239) Debt-to-EBITDA : 3.14 (As of Nov. 2023)

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What is Ecomate Holdings Bhd Debt-to-EBITDA?

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

Ecomate Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was RM8.69 Mil. Ecomate Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was RM7.59 Mil. Ecomate Holdings Bhd's annualized EBITDA for the quarter that ended in Nov. 2023 was RM5.18 Mil. Ecomate Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was 3.14.

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 Ecomate Holdings Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0239' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.17 Med: 1.2 Max: 2.11
Current: 2.11

During the past 5 years, the highest Debt-to-EBITDA Ratio of Ecomate Holdings Bhd was 2.11. The lowest was 1.17. And the median was 1.20.

XKLS:0239's Debt-to-EBITDA is ranked worse than
52.23% of 337 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.99 vs XKLS:0239: 2.11

Ecomate Holdings Bhd Debt-to-EBITDA Historical Data

The historical data trend for Ecomate Holdings Bhd'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.

Ecomate Holdings Bhd Debt-to-EBITDA Chart

Ecomate Holdings Bhd Annual Data

Trend

Feb19

Feb20

Feb21

Feb22

Feb23

Debt-to-EBITDA

1.17

1.20

1.29

1.22

1.20

Ecomate Holdings Bhd Quarterly Data
	Feb19	Feb20	May20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Debt-to-EBITDA	Get a 7-Day Free Trial										1.49	1.17	1.68	3.57	3.14

Competitive Comparison of Ecomate Holdings Bhd's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Ecomate Holdings Bhd'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.

Ecomate Holdings Bhd's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Ecomate Holdings Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ecomate Holdings Bhd's Debt-to-EBITDA falls into.

Ecomate Holdings Bhd Debt-to-EBITDA Calculation

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

Ecomate Holdings Bhd's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(4.234	+	8.877)	/	10.89
	=	1.20

Ecomate Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(8.687	+	7.594)	/	5.18
	=	3.14

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 (Nov. 2023) EBITDA data.

Ecomate Holdings Bhd (XKLS:0239) 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.

Ecomate Holdings Bhd Debt-to-EBITDA Related Terms

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

Ecomate Holdings Bhd (XKLS:0239) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Ecomate Holdings Bhd (XKLS:0239) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kawasan Perindustrian Bakri Batu 7 ½, Lot PTD 7274, Jalan Bakri, Muar, JHR, MYS, 84200

Website

https://www.ecomate.com.my

Ecomate Holdings Bhd is an investment holding company. Through its subsidiary, the company is principally engaged in the production of ready-to-assemble furniture products, where it undertakes design and development, production as well as marketing and sales of living room furniture, bedroom furniture as well as other types of furniture.

Ecomate Holdings Bhd (XKLS:0239) Headlines

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