Comfort Gloves Bhd (XKLS:2127) Debt-to-EBITDA : 1.22 (As of Sep. 2023)

Comfort Gloves Bhd Debt-to-EBITDA Chart

Comfort Gloves Bhd Annual Data
	Trend	Jan13	Jan14	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Dec22
Debt-to-EBITDA		Get a 7-Day Free Trial					0.20	1.71	1.25	0.14	-2.72

Comfort Gloves Bhd Quarterly Data
	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															4.85	-0.25	-0.63	1.43	1.22

Competitive Comparison of Comfort Gloves Bhd's Debt-to-EBITDA

For the Medical Instruments & Supplies subindustry, Comfort Gloves 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.

Comfort Gloves Bhd's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

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

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

Comfort Gloves Bhd Debt-to-EBITDA Calculation

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

Comfort Gloves Bhd's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Comfort Gloves Bhd's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

* 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 (Sep. 2023) EBITDA data.

Comfort Gloves Bhd  (XKLS:2127) 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.

Comfort Gloves Bhd Debt-to-EBITDA Related Terms

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Comfort Gloves Bhd (XKLS:2127) Business Description