Betamek Bhd (XKLS:0263) Debt-to-EBITDA : 0.36 (As of Dec. 2023)

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What is Betamek Bhd Debt-to-EBITDA?

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

Betamek Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1.4 Mil. Betamek Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM10.1 Mil. Betamek Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM31.7 Mil. Betamek Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.36.

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

XKLS:0263' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0.87 Max: 1.41
Current: 0.35

During the past 4 years, the highest Debt-to-EBITDA Ratio of Betamek Bhd was 1.41. The lowest was 0.00. And the median was 0.87.

XKLS:0263's Debt-to-EBITDA is ranked better than
87.39% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 2.35 vs XKLS:0263: 0.35

Betamek Bhd Debt-to-EBITDA Historical Data

The historical data trend for Betamek 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.

Betamek Bhd Debt-to-EBITDA Chart

Betamek Bhd Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Debt-to-EBITDA

0.67

1.06

1.41

Betamek Bhd Quarterly Data
	Mar19	Mar20	Mar21	Mar22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial					0.82	0.38	0.44	0.35	0.36

Competitive Comparison of Betamek Bhd's Debt-to-EBITDA

For the Auto Parts subindustry, Betamek 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.

Betamek Bhd's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Betamek Bhd's Debt-to-EBITDA distribution charts can be found below:

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

Betamek Bhd Debt-to-EBITDA Calculation

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

Betamek Bhd's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(12.281	+	19.03)	/	22.17
	=	1.41

Betamek Bhd'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
	=	(1.382	+	10.129)	/	31.728
	=	0.36

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.

Betamek Bhd (XKLS:0263) 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.

Betamek Bhd Debt-to-EBITDA Related Terms

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

Betamek Bhd (XKLS:0263) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Betamek Bhd (XKLS:0263) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Taman Industri Integrasi Rawang, Lingkaran Taman Industri Integrasi Rawang 2, Lot 137, Rawang, SGR, MYS, 48000

Website

https://www.betamek.com.my

Betamek Bhd is actively involved in automotive electronics product design and manufacturing, working closely with customers in Malaysia, Japan, and Indonesia. It offers products such as CD changers, car clocks, air purifiers, switches, lighter/power sockets, roof-mounted monitors, speakers, USB chargers, digital air-conditioning controllers, and other electronic accessories. The company operates in three segments Vehicle audio and visual products, Vehicle accessories, and Investment holding and the majority of revenue generates from Vehicle audio and visual products.

Betamek Bhd (XKLS:0263) Headlines

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