Medinex (SGX:OTX) Debt-to-EBITDA : 0.76 (As of Sep. 2023)

View and export this data going back to 2018. Start your Free Trial

What is Medinex Debt-to-EBITDA?

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

Medinex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$0.74 Mil. Medinex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was S$1.16 Mil. Medinex's annualized EBITDA for the quarter that ended in Sep. 2023 was S$2.51 Mil. Medinex's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.76.

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

SGX:OTX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 0.65 Max: 0.86
Current: 0.68

During the past 7 years, the highest Debt-to-EBITDA Ratio of Medinex was 0.86. The lowest was 0.01. And the median was 0.65.

SGX:OTX's Debt-to-EBITDA is ranked better than
75.36% of 422 companies
in the Healthcare Providers & Services industry
Industry Median: 2.605 vs SGX:OTX: 0.68

Medinex Debt-to-EBITDA Historical Data

The historical data trend for Medinex'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.

Medinex Debt-to-EBITDA Chart

Medinex Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Mar21

Mar22

Mar23

Debt-to-EBITDA

Get a 7-Day Free Trial

0.02

0.01

0.86

0.78

0.81

Medinex Semi-Annual Data
	Dec15	Dec16	Dec17	Jun18	Dec18	Jun19	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial								1.14	1.13	1.09	0.77	0.76

Competitive Comparison of Medinex's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Medinex'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.

Medinex's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medinex's Debt-to-EBITDA distribution charts can be found below:

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

Medinex Debt-to-EBITDA Calculation

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

Medinex's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.822	+	1.517)	/	2.882
	=	0.81

Medinex'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
	=	(0.739	+	1.159)	/	2.508
	=	0.76

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.

Medinex (SGX:OTX) 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.

Medinex Debt-to-EBITDA Related Terms

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

Medinex (SGX:OTX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medinex Ltd (SGX:OTX) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

111 North Bridge Road, No. 23-04, Peninsula Plaza, Singapore, SGP, 179098

Website

https://www.medinex.com.sg

Medinex Ltd is an investment holding company. The company has four business segments: Medical Support Services, Business Support Services, Pharmaceutical Services, and Medical Services. The company generates maximum revenue from the Medical Support Services segment. The Medical support services business segment provides professional services to clients in primary and secondary healthcare sectors comprising general practitioners and specialists.

Medinex (SGX:OTX) Headlines

No Headlines