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Beng Kuang Marine (SGX:BEZ) Debt-to-EBITDA : 0.60 (As of Dec. 2023)


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What is Beng Kuang Marine Debt-to-EBITDA?

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

Beng Kuang Marine's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$12.60 Mil. Beng Kuang Marine's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$1.54 Mil. Beng Kuang Marine's annualized EBITDA for the quarter that ended in Dec. 2023 was S$23.69 Mil. Beng Kuang Marine's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.60.

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 Beng Kuang Marine's Debt-to-EBITDA or its related term are showing as below:

SGX:BEZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.28   Med: 5.95   Max: 11.22
Current: 0.9

During the past 13 years, the highest Debt-to-EBITDA Ratio of Beng Kuang Marine was 11.22. The lowest was -3.28. And the median was 5.95.

SGX:BEZ's Debt-to-EBITDA is ranked better than
76.42% of 229 companies
in the Aerospace & Defense industry
Industry Median: 2.34 vs SGX:BEZ: 0.90

Beng Kuang Marine Debt-to-EBITDA Historical Data

The historical data trend for Beng Kuang Marine'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.

Beng Kuang Marine Debt-to-EBITDA Chart

Beng Kuang Marine 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 5.27 -3.28 2.85 7.93 0.90

Beng Kuang Marine 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 2.09 3.21 -9.41 2.35 0.60

Competitive Comparison of Beng Kuang Marine's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Beng Kuang Marine'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.


Beng Kuang Marine's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Beng Kuang Marine's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Beng Kuang Marine's Debt-to-EBITDA falls into.



Beng Kuang Marine Debt-to-EBITDA Calculation

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

Beng Kuang Marine'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
=(12.603 + 1.537) / 15.667
=0.90

Beng Kuang Marine'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
=(12.603 + 1.537) / 23.688
=0.60

* 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.


Beng Kuang Marine  (SGX:BEZ) 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.


Beng Kuang Marine Debt-to-EBITDA Related Terms

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


Beng Kuang Marine (SGX:BEZ) Business Description

Traded in Other Exchanges
N/A
Address
2 Venture Drive, No. 14-15, Vision Exchange, Singapore, SGP, 608526
Beng Kuang Marine Ltd is engaged in providing solutions for the marine, offshore and oil and gas industries. The company operates through five segments. The Infrastructure engineering segment relates to the engineering services from planning, project management to implementation. Its Corrosion Prevention segment provides blasting and painting services. The Supply and distribution segment is involved in the supply and distribution of hardware equipment, tools, and other products. Its Shipping segment includes chartering of livestock carriers, and tugs and barges, and ship management services. The Other segment provides a solution for water and wastewater treatment and solid waste management. The company operates in three geographical areas such as Singapore, Indonesia, and Other countries.

Beng Kuang Marine (SGX:BEZ) Headlines

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