Multi Ways Holdings (Multi Ways Holdings) Debt-to-EBITDA : -2.13 (As of Jun. 2023)

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What is Multi Ways Holdings Debt-to-EBITDA?

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

Multi Ways Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $12.73 Mil. Multi Ways Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $5.18 Mil. Multi Ways Holdings's annualized EBITDA for the quarter that ended in Jun. 2023 was $-8.42 Mil. Multi Ways Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -2.13.

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 Multi Ways Holdings's Debt-to-EBITDA or its related term are showing as below:

MWG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.37 Med: 4.48 Max: 5.52
Current: -6.37

During the past 3 years, the highest Debt-to-EBITDA Ratio of Multi Ways Holdings was 5.52. The lowest was -6.37. And the median was 4.48.

MWG's Debt-to-EBITDA is ranked worse than
100% of 830 companies
in the Business Services industry
Industry Median: 1.87 vs MWG: -6.37

Multi Ways Holdings Debt-to-EBITDA Historical Data

The historical data trend for Multi Ways Holdings'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.

Multi Ways Holdings Debt-to-EBITDA Chart

Multi Ways Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Debt-to-EBITDA

5.52

4.13

4.48

Multi Ways Holdings Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	3.93	3.31	6.29	-2.13

Competitive Comparison of Multi Ways Holdings's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Multi Ways Holdings'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.

Multi Ways Holdings's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Multi Ways Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Multi Ways Holdings's Debt-to-EBITDA falls into.

Multi Ways Holdings Debt-to-EBITDA Calculation

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

Multi Ways Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(12.346	+	5.289)	/	3.933
	=	4.48

Multi Ways Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(12.731	+	5.181)	/	-8.422
	=	-2.13

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 (Jun. 2023) EBITDA data.

Multi Ways Holdings (AMEX:MWG) 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.

Multi Ways Holdings Debt-to-EBITDA Related Terms

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

Multi Ways Holdings (Multi Ways Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Multi Ways Holdings Ltd (AMEX:MWG) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

3E Gul Circle, Singapore, SGP, 629633

Website

https://www.multiways.com.sg

Multi Ways Holdings Ltd is a supplier of a wide range of heavy construction equipment for sales and rental in Singapore and the surrounding region. The wide variety of new and used heavy construction equipment for sale and rental by customers range from: earth-moving equipment such as bulldozers, off-terrain dump trucks, excavators and wheel loaders; material-handling equipment such as crawler cranes, rough terrain cranes, scissor lifts, forklifts, boom-lifts and telescopic handlers; road-building equipment such as motor graders, vibrating compactors, asphalt finishers, skid loaders, backhoe loaders, hand rollers and mini excavators; and generators and compressors, such as air compressors, generators, lighting towers and welding machines.