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One Glove Group Bhd (XKLS:5079) Debt-to-EBITDA : -6.38 (As of Dec. 2023)


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What is One Glove Group Bhd Debt-to-EBITDA?

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

One Glove Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM8.39 Mil. One Glove Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM131.05 Mil. One Glove Group Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM-21.84 Mil. One Glove Group Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -6.38.

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

XKLS:5079' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.88   Med: 0.87   Max: 33.18
Current: -7.71

During the past 12 years, the highest Debt-to-EBITDA Ratio of One Glove Group Bhd was 33.18. The lowest was -17.88. And the median was 0.87.

XKLS:5079's Debt-to-EBITDA is ranked worse than
100% of 432 companies
in the Medical Devices & Instruments industry
Industry Median: 1.21 vs XKLS:5079: -7.71

One Glove Group Bhd Debt-to-EBITDA Historical Data

The historical data trend for One Glove Group 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.

One Glove Group Bhd Debt-to-EBITDA Chart

One Glove Group Bhd Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Jun19
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.47 0.87 -1.86 4.46 -4.96

One Glove Group Bhd Quarterly Data
Sep17 Mar18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Dec21 Mar22 Jun22 Dec22 Jun23 Sep23 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 -9.37 -47.09 -5.26 -6.44 -6.38

Competitive Comparison of One Glove Group Bhd's Debt-to-EBITDA

For the Medical Instruments & Supplies subindustry, One Glove Group 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.


One Glove Group Bhd's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, One Glove Group Bhd's Debt-to-EBITDA distribution charts can be found below:

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



One Glove Group Bhd Debt-to-EBITDA Calculation

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

One Glove Group Bhd's Debt-to-EBITDA for the fiscal year that ended in Jun. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(18.165 + 0) / -3.665
=-4.96

One Glove Group 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
=(8.392 + 131.045) / -21.844
=-6.38

* 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.


One Glove Group Bhd  (XKLS:5079) 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.


One Glove Group Bhd Debt-to-EBITDA Related Terms

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


One Glove Group Bhd (XKLS:5079) Business Description

Traded in Other Exchanges
N/A
Address
Perindustrian Kamunting 3, Lot 73-86, Jalan Logam 5, Kamunting Raya Indutrial Estate, Kamunting, PRK, MYS, 34600
One Glove Group Bhd is a glove innovator and manufacturer. The company's segment includes Manufacturing, Investment holding, and Others. Its geographical market includes Japan, Germany, Malaysia, Singapore, the United States of America, India, and Others of which it generates the majority of its revenue from Singapore.

One Glove Group Bhd (XKLS:5079) Headlines

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