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Broadway Industrial Group (SGX:B69) Debt-to-EBITDA : 0.54 (As of Dec. 2023)


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What is Broadway Industrial Group Debt-to-EBITDA?

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

Broadway Industrial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$6.5 Mil. Broadway Industrial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$5.7 Mil. Broadway Industrial Group's annualized EBITDA for the quarter that ended in Dec. 2023 was S$22.7 Mil. Broadway Industrial Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.54.

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 Broadway Industrial Group's Debt-to-EBITDA or its related term are showing as below:

SGX:B69' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -80.29   Med: 0.57   Max: 3
Current: 0.73

During the past 13 years, the highest Debt-to-EBITDA Ratio of Broadway Industrial Group was 3.00. The lowest was -80.29. And the median was 0.57.

SGX:B69's Debt-to-EBITDA is ranked better than
70.89% of 1735 companies
in the Hardware industry
Industry Median: 1.79 vs SGX:B69: 0.73

Broadway Industrial Group Debt-to-EBITDA Historical Data

The historical data trend for Broadway Industrial Group'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.

Broadway Industrial Group Debt-to-EBITDA Chart

Broadway Industrial Group 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 -80.29 0.66 0.57 0.54 0.73

Broadway Industrial Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.57 0.36 0.80 1.28 0.54

Competitive Comparison of Broadway Industrial Group's Debt-to-EBITDA

For the Computer Hardware subindustry, Broadway Industrial Group'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.


Broadway Industrial Group's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Broadway Industrial Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Broadway Industrial Group's Debt-to-EBITDA falls into.



Broadway Industrial Group Debt-to-EBITDA Calculation

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

Broadway Industrial Group'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
=(6.501 + 5.67) / 16.72
=0.73

Broadway Industrial Group'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
=(6.501 + 5.67) / 22.706
=0.54

* 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 (Dec. 2023) EBITDA data.


Broadway Industrial Group  (SGX:B69) 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.


Broadway Industrial Group Debt-to-EBITDA Related Terms

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


Broadway Industrial Group (SGX:B69) Business Description

Traded in Other Exchanges
N/A
Address
202 Kallang Bahru, 07-01 Spaze, Singapore, SGP, 339339
Broadway Industrial Group Ltd is the manufacturer of precision machined components. The company provides actuator arms, assemblies, and other related parts mainly for the global hard disk drive (HDD) industry. HDD segment comprises the manufacturing and distribution of actuator arms and related assembly for the hard disk industry. The robotics segment comprises the provision of technical services, technology transfer, technology development, technology promotion, technical consultation and sales of robots, software and accessory devices for the robotics, manufacturing, and services industries. Other segment comprises the investment holding.

Broadway Industrial Group (SGX:B69) Headlines

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