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Kossan Rubber Industries Bhd (XKLS:7153) Debt-to-EBITDA : 0.17 (As of Dec. 2023)


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What is Kossan Rubber Industries Bhd Debt-to-EBITDA?

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

Kossan Rubber Industries Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM12 Mil. Kossan Rubber Industries Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM5 Mil. Kossan Rubber Industries Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM104 Mil. Kossan Rubber Industries Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.17.

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

XKLS:7153' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07   Med: 0.63   Max: 1.49
Current: 0.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kossan Rubber Industries Bhd was 1.49. The lowest was 0.07. And the median was 0.63.

XKLS:7153's Debt-to-EBITDA is ranked better than
85.81% of 430 companies
in the Medical Devices & Instruments industry
Industry Median: 1.245 vs XKLS:7153: 0.12

Kossan Rubber Industries Bhd Debt-to-EBITDA Historical Data

The historical data trend for Kossan Rubber Industries 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.

Kossan Rubber Industries Bhd Debt-to-EBITDA Chart

Kossan Rubber Industries Bhd 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 1.49 0.36 0.07 0.24 0.12

Kossan Rubber Industries 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 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 0.54 0.89 0.35 0.10 0.17

Competitive Comparison of Kossan Rubber Industries Bhd's Debt-to-EBITDA

For the Medical Instruments & Supplies subindustry, Kossan Rubber Industries 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.


Kossan Rubber Industries Bhd's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

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

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



Kossan Rubber Industries Bhd Debt-to-EBITDA Calculation

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

Kossan Rubber Industries 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
=(12.209 + 5.129) / 149.24
=0.12

Kossan Rubber Industries 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
=(12.209 + 5.129) / 103.728
=0.17

* 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.


Kossan Rubber Industries Bhd  (XKLS:7153) 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.


Kossan Rubber Industries Bhd Debt-to-EBITDA Related Terms

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


Kossan Rubber Industries Bhd (XKLS:7153) Business Description

Traded in Other Exchanges
N/A
Address
Lot 782, Jalan Sungai Putus, Wisma Kossan, Off Batu 3 ¾ Jalan Kapar, Klang, SGR, MYS, 42100
Kossan Rubber Industries Bhd manufactures industrial rubber products and disposable latex gloves. The firm has three primary businesses: Technical Rubber Products, Gloves, Cleanroom Products, and Others. The Gloves segment generates the majority of revenue. The Technical Rubber Products business manufactures and distributes high technical input rubber products. The Gloves business manufactures medical-grade examination gloves and specialty gloves for healthcare and industrial applications. The Cleanroom Products business sells rubber products that can be used in cleanrooms. The majority of Kossan Rubber's revenue is generated through exports outside of Malaysia.

Kossan Rubber Industries Bhd (XKLS:7153) Headlines

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