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Nico Steel Holdings (SGX:5GF) Debt-to-EBITDA : 3.69 (As of Feb. 2023)


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What is Nico Steel Holdings Debt-to-EBITDA?

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

Nico Steel Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was S$3.02 Mil. Nico Steel Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2023 was S$0.83 Mil. Nico Steel Holdings's annualized EBITDA for the quarter that ended in Feb. 2023 was S$1.04 Mil. Nico Steel Holdings's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2023 was 3.69.

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

SGX:5GF's Debt-to-EBITDA is not ranked *
in the Steel industry.
Industry Median: 2.78
* Ranked among companies with meaningful Debt-to-EBITDA only.

Nico Steel Holdings Debt-to-EBITDA Historical Data

The historical data trend for Nico 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.

Nico Steel Holdings Debt-to-EBITDA Chart

Nico Steel Holdings Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.97 -6.09 1.67 4.19 2.67

Nico Steel Holdings Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
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 1.35 2.97 3.83 3.59 3.69

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

For the Steel subindustry, Nico 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.


Nico Steel Holdings's Debt-to-EBITDA Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Nico Steel Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Nico Steel Holdings Debt-to-EBITDA Calculation

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

Nico Steel Holdings's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.017 + 0.831) / 1.441
=2.67

Nico Steel Holdings's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(3.017 + 0.831) / 1.042
=3.69

* 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 (Feb. 2023) EBITDA data.


Nico Steel Holdings  (SGX:5GF) 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.


Nico Steel Holdings Debt-to-EBITDA Related Terms

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


Nico Steel Holdings (SGX:5GF) Business Description

Traded in Other Exchanges
N/A
Address
51 Loyang Way, Singapore, SGP, 508744
Nico Steel Holdings Ltd is a provider of Metallurgical Solutions for the personal computer, high-tech electronics, and automotive industries. Its segments include Coil Centre which provides metallurgical solutions, metal slitting services, and import and export trading; the Plating segment provides electro-plating process, metal surface treatment, and chemistry blending for electronic products; and Other operations consisting of investment holding. The majority of the revenue is derived from the Coil Centre segment. Its products include Proprietary Metal Alloys(NICO Solderite, NICO N10, NICO AL50, N-Laminate), N-Clad Solutions for thermal management, and others. Its geographical segments include Singapore, China, Malaysia, Thailand, and other countries.

Nico Steel Holdings (SGX:5GF) Headlines

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