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Optimax Holdings Bhd (XKLS:0222) Debt-to-EBITDA : 0.98 (As of Dec. 2023)


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What is Optimax Holdings Bhd Debt-to-EBITDA?

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

Optimax Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM6.0 Mil. Optimax Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM27.1 Mil. Optimax Holdings Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM33.7 Mil. Optimax Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.98.

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

XKLS:0222' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.8   Med: 1.37   Max: 1.79
Current: 1.06

During the past 8 years, the highest Debt-to-EBITDA Ratio of Optimax Holdings Bhd was 1.79. The lowest was 0.80. And the median was 1.37.

XKLS:0222's Debt-to-EBITDA is ranked better than
68.93% of 428 companies
in the Healthcare Providers & Services industry
Industry Median: 2.62 vs XKLS:0222: 1.06

Optimax Holdings Bhd Debt-to-EBITDA Historical Data

The historical data trend for Optimax Holdings Bhd'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.

Optimax Holdings Bhd Debt-to-EBITDA Chart

Optimax Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.46 1.54 0.91 0.80 1.06

Optimax Holdings Bhd Quarterly Data
Dec18 Mar19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.82 0.87 0.80 0.97 0.98

Competitive Comparison of Optimax Holdings Bhd's Debt-to-EBITDA

For the Medical Care Facilities subindustry, Optimax Holdings Bhd'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.


Optimax Holdings Bhd's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

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

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



Optimax Holdings Bhd Debt-to-EBITDA Calculation

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

Optimax Holdings Bhd'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
=(6.008 + 27.085) / 31.325
=1.06

Optimax Holdings Bhd'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
=(6.008 + 27.085) / 33.664
=0.98

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Optimax Holdings Bhd  (XKLS:0222) 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.


Optimax Holdings Bhd Debt-to-EBITDA Related Terms

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


Optimax Holdings Bhd (XKLS:0222) Business Description

Traded in Other Exchanges
N/A
Address
No. 145, Jalan Radin Bagus, 1st and 2nd Floor, Seri Petaling, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 57000
Optimax Holdings Bhd is a provider of eye specialist services. It offers a range of services with in-house medical ophthalmology at specialist centres such as specialist clinics, ambulatory care centres, and specialist hospitals. The company's ambulatory care centres and specialist hospital are equipped with eye operation theatres, and procedure rooms, general and day care wards, and relevant equipment for surgical procedures. It derives revenue from refractive surgery, treatment of eye diseases and disorders, consultation and dispensary services, oculoplastic treatment, and related services.

Optimax Holdings Bhd (XKLS:0222) Headlines

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