Evergreen Max Cash Capital Bhd (XKLS:0286) Debt-to-EBITDA : 1.69 (As of Dec. 2023)

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What is Evergreen Max Cash Capital Bhd Debt-to-EBITDA?

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

Evergreen Max Cash Capital Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM3.55 Mil. Evergreen Max Cash Capital Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM59.56 Mil. Evergreen Max Cash Capital Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM37.36 Mil. Evergreen Max Cash Capital Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.69.

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 Evergreen Max Cash Capital Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0286' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.98 Med: 2.73 Max: 5.68
Current: 4.3

During the past 5 years, the highest Debt-to-EBITDA Ratio of Evergreen Max Cash Capital Bhd was 5.68. The lowest was 1.98. And the median was 2.73.

XKLS:0286's Debt-to-EBITDA is ranked better than
62.69% of 260 companies
in the Credit Services industry
Industry Median: 7.49 vs XKLS:0286: 4.30

Evergreen Max Cash Capital Bhd Debt-to-EBITDA Historical Data

The historical data trend for Evergreen Max Cash Capital 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.

Evergreen Max Cash Capital Bhd Debt-to-EBITDA Chart

Evergreen Max Cash Capital Bhd Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

5.68

3.02

1.98

2.73

2.23

Evergreen Max Cash Capital Bhd Quarterly Data
	Dec19	Dec20	Dec21	Sep22	Dec22	Apr23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	1.35	N/A	2.83	1.69

Competitive Comparison of Evergreen Max Cash Capital Bhd's Debt-to-EBITDA

For the Credit Services subindustry, Evergreen Max Cash Capital 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.

Evergreen Max Cash Capital Bhd's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Evergreen Max Cash Capital Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Evergreen Max Cash Capital Bhd's Debt-to-EBITDA falls into.

Evergreen Max Cash Capital Bhd Debt-to-EBITDA Calculation

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

Evergreen Max Cash Capital 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
	=	(3.545	+	59.559)	/	28.31
	=	2.23

Evergreen Max Cash Capital 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
	=	(3.545	+	59.559)	/	37.36
	=	1.69

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.

Evergreen Max Cash Capital Bhd (XKLS:0286) 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.

Evergreen Max Cash Capital Bhd Debt-to-EBITDA Related Terms

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

Evergreen Max Cash Capital Bhd (XKLS:0286) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Evergreen Max Cash Capital Bhd (XKLS:0286) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1, Jalan Lima Off, Jalan Chan Sow Lin, Lot 11-10, Level 11, Wisma Trax, Wilayah Persekutuan, Kuala Lumpur, MYS, 55200

Website

https://www.emc.capital

Evergreen Max Cash Capital Bhd is an investment holding company that operates through its subsidiaries. The Group is principally involved in the provision of pawnbroking services. It is also involved in the business of retail and trading of gold and other products as well as provision of pawnbroking consultancy services and IT solutions to third-party pawnbrokers.

Evergreen Max Cash Capital Bhd (XKLS:0286) Headlines

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