Wasco Bhd (XKLS:5142) Debt-to-EBITDA : 1.94 (As of Dec. 2023)

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What is Wasco Bhd Debt-to-EBITDA?

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

Wasco Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM672 Mil. Wasco Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM257 Mil. Wasco Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM480 Mil. Wasco Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.94.

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

XKLS:5142' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -11.29 Med: 3.28 Max: 460.3
Current: 2.58

During the past 13 years, the highest Debt-to-EBITDA Ratio of Wasco Bhd was 460.30. The lowest was -11.29. And the median was 3.28.

XKLS:5142's Debt-to-EBITDA is ranked worse than
61.94% of 720 companies
in the Oil & Gas industry
Industry Median: 1.76 vs XKLS:5142: 2.58

Wasco Bhd Debt-to-EBITDA Historical Data

The historical data trend for Wasco 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.

Wasco Bhd Debt-to-EBITDA Chart

Wasco Bhd Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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5.53

-8.55

460.30

5.44

2.58

Wasco Bhd Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															-14.61	2.98	3.50	2.91	1.94

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

For the Oil & Gas Equipment & Services subindustry, Wasco 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.

Wasco Bhd's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Wasco Bhd's Debt-to-EBITDA distribution charts can be found below:

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

Wasco Bhd Debt-to-EBITDA Calculation

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

Wasco Bhd'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
	=	(672.394	+	257.443)	/	359.966
	=	2.58

Wasco 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
	=	(672.394	+	257.443)	/	479.756
	=	1.94

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.

Wasco Bhd (XKLS:5142) 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.

Wasco Bhd Debt-to-EBITDA Related Terms

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

Wasco Bhd (XKLS:5142) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Wasco Bhd (XKLS:5142) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

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Address

The Gardens North Tower, Suite 19.01, Level 19, Mid Valley City, Lingkaran Syed Putra, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 59200

Website

https://www.wahseong.com

Wasco Bhd, formerly Wah Seong Corp Bhd is engaged in the business of specialized pipe coating and corrosion protection services; Engineering, Procurement, and Construction (EPC) of gas compressors and process equipment; renewable energy and infrastructure materials and services. Its segments include the Energy solutions services division; the Renewable energy division; the Industrial trading & services division; and Others. It derives the majority of its revenue from the Energy solutions services division that provides pipe coating, pipe manufacturing for the oil and gas industry, building and operating offshore/onshore field development facilities, and the provision of specialized equipment and services to the power generation, oleochemical, and petrochemical industries.

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