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PSG Financial Services Limited (JSE:KST) Debt-to-EBITDA : 0.13 (As of Aug. 2023)


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What is PSG Financial Services Limited Debt-to-EBITDA?

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

PSG Financial Services Limited's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R0 Mil. PSG Financial Services Limited's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was R214 Mil. PSG Financial Services Limited's annualized EBITDA for the quarter that ended in Aug. 2023 was R1,684 Mil. PSG Financial Services Limited's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was 0.13.

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 PSG Financial Services Limited's Debt-to-EBITDA or its related term are showing as below:

JSE:KST' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.12   Med: 28.37   Max: 53.07
Current: 0.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of PSG Financial Services Limited was 53.07. The lowest was 0.12. And the median was 28.37.

JSE:KST's Debt-to-EBITDA is ranked better than
84.44% of 360 companies
in the Asset Management industry
Industry Median: 1.275 vs JSE:KST: 0.12

PSG Financial Services Limited Debt-to-EBITDA Historical Data

The historical data trend for PSG Financial Services Limited'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.

PSG Financial Services Limited Debt-to-EBITDA Chart

PSG Financial Services Limited Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.13 28.57 53.07 44.36 48.97

PSG Financial Services Limited Semi-Annual Data
Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
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 0.19 40.22 0.17 42.90 0.13

Competitive Comparison of PSG Financial Services Limited's Debt-to-EBITDA

For the Asset Management subindustry, PSG Financial Services Limited'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.


PSG Financial Services Limited's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PSG Financial Services Limited's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where PSG Financial Services Limited's Debt-to-EBITDA falls into.



PSG Financial Services Limited Debt-to-EBITDA Calculation

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

PSG Financial Services Limited's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(80438.844 + 165.645) / 1646.13
=48.97

PSG Financial Services Limited's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 214.145) / 1684.23
=0.13

* 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 two times the quarterly (Aug. 2023) EBITDA data.


PSG Financial Services Limited  (JSE:KST) 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.


PSG Financial Services Limited Debt-to-EBITDA Related Terms

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


PSG Financial Services Limited (JSE:KST) Business Description

Traded in Other Exchanges
Address
3 Howick Close, 4th Floor, The Edge, Tyger Waterfront, Tyger Valley, Bellville, ZAF, 7530
PSG Financial Services Limited is an independent financial services group. Business is executed through three operating divisions: PSG Wealth, PSG Asset Management, and PSG Insure. PSG Wealth provides the group with nearly half of its income, with PSG Insure outweighing PSG Asset Management. Through the Wealth unit, PSG delivers a comprehensive suite of products to individuals, families, and businesses. Some of the PSG Wealth offerings include investment products, stockbroking, estate and trust services, and many other related products. Offerings under PSG Insure cover a range of short-term insurance solutions, for both personal and commercial needs. PSG rounds out its portfolio with the PSG Asset Management group which offers a range of local unit trusts and international funds.

PSG Financial Services Limited (JSE:KST) Headlines

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