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Union Steel Holdings (SGX:ZB9) Debt-to-EBITDA : 1.59 (As of Dec. 2023)


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What is Union Steel Holdings Debt-to-EBITDA?

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

Union Steel Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$23.8 Mil. Union Steel Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was S$17.0 Mil. Union Steel Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was S$25.5 Mil. Union Steel Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.59.

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

SGX:ZB9' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -24.36   Med: 3.94   Max: 587.59
Current: 1.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of Union Steel Holdings was 587.59. The lowest was -24.36. And the median was 3.94.

SGX:ZB9's Debt-to-EBITDA is ranked better than
75.82% of 182 companies
in the Waste Management industry
Industry Median: 3.495 vs SGX:ZB9: 1.71

Union Steel Holdings Debt-to-EBITDA Historical Data

The historical data trend for Union Steel 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.

Union Steel Holdings Debt-to-EBITDA Chart

Union Steel Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 56.99 587.59 1.89 3.15 1.91

Union Steel Holdings 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 1.68 3.59 2.33 1.83 1.59

Competitive Comparison of Union Steel Holdings's Debt-to-EBITDA

For the Waste Management subindustry, Union Steel 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.


Union Steel Holdings's Debt-to-EBITDA Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Union Steel Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Union Steel Holdings Debt-to-EBITDA Calculation

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

Union Steel Holdings's Debt-to-EBITDA for the fiscal year 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
=(20.746 + 19.768) / 21.203
=1.91

Union Steel Holdings'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
=(23.757 + 16.962) / 25.54
=1.59

* 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.


Union Steel Holdings  (SGX:ZB9) 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.


Union Steel Holdings Debt-to-EBITDA Related Terms

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


Union Steel Holdings (SGX:ZB9) Business Description

Traded in Other Exchanges
N/A
Address
33 Pioneer Road North, Singapore, SGP, 628474
Union Steel Holdings Ltd is an investment holding company. Its operating segments are Metals that include import and export of scrap metals, trading, and leasing of metal products; Scaffolding that provides scaffolding services and related consultancy services; Engineering including civil construction and engineering work, manufacturing of motor vehicle bodies, and sale and rental of marine deck equipment; Others that include income from the rental of properties. The company generates the majority of revenue from the Metals segment. Geographically, the company operates mainly in Singapore followed by India, South Africa, Malaysia, Indonesia, Pakistan, Netherlands, and Others.

Union Steel Holdings (SGX:ZB9) Headlines

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