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Ascent Bridge (SGX:AWG) Debt-to-EBITDA : -0.20 (As of Sep. 2023)


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What is Ascent Bridge Debt-to-EBITDA?

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

Ascent Bridge's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$0.36 Mil. Ascent Bridge's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$0.56 Mil. Ascent Bridge's annualized EBITDA for the quarter that ended in Sep. 2023 was S$-4.60 Mil. Ascent Bridge's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.20.

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 Ascent Bridge's Debt-to-EBITDA or its related term are showing as below:

SGX:AWG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.58   Med: -0.47   Max: 1.53
Current: -0.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ascent Bridge was 1.53. The lowest was -4.58. And the median was -0.47.

SGX:AWG's Debt-to-EBITDA is ranked worse than
100% of 536 companies
in the Metals & Mining industry
Industry Median: 1.965 vs SGX:AWG: -0.40

Ascent Bridge Debt-to-EBITDA Historical Data

The historical data trend for Ascent Bridge'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.

Ascent Bridge Debt-to-EBITDA Chart

Ascent Bridge Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.58 -0.36 -0.59 -3.03 -0.63

Ascent Bridge Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Sep23
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 -0.46 0.08 -1.72 -0.20 -0.20

Competitive Comparison of Ascent Bridge's Debt-to-EBITDA

For the Aluminum subindustry, Ascent Bridge'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.


Ascent Bridge's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ascent Bridge's Debt-to-EBITDA distribution charts can be found below:

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



Ascent Bridge Debt-to-EBITDA Calculation

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

Ascent Bridge's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.451 + 1.988) / -3.846
=-0.63

Ascent Bridge's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.36 + 0.556) / -4.598
=-0.20

* 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 (Sep. 2023) EBITDA data.


Ascent Bridge  (SGX:AWG) 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.


Ascent Bridge Debt-to-EBITDA Related Terms

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


Ascent Bridge (SGX:AWG) Business Description

Traded in Other Exchanges
N/A
Address
9 Temasek Boulevard, Number. 28-05 Suntec Tower Two, Singapore, SGP, 038989
Ascent Bridge Ltd is a manufacturer, importer, and exporter of aluminum extrusion sections, metal materials, and other products. The segments of the company are Electronics and precision engineering which comprises mainly precision aluminum extrusions that form components of sophisticated products of the high-tech electronics and precision engineering industries which generate a majority of revenue for the company; and Construction and infrastructure building segment comprises mainly public infrastructure, building construction, interior fixtures, signage, and advertising panels in the construction, civil engineering, and infrastructure building industries.

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