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Hiap Tong (SGX:5PO) Debt-to-EBITDA : 2.79 (As of Sep. 2024)


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What is Hiap Tong Debt-to-EBITDA?

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

Hiap Tong's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was S$34.87 Mil. Hiap Tong's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was S$28.47 Mil. Hiap Tong's annualized EBITDA for the quarter that ended in Sep. 2024 was S$22.72 Mil. Hiap Tong's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 2.79.

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

SGX:5PO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.01   Med: 3.07   Max: 6.6
Current: 2.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hiap Tong was 6.60. The lowest was 2.01. And the median was 3.07.

SGX:5PO's Debt-to-EBITDA is ranked worse than
64.31% of 821 companies
in the Business Services industry
Industry Median: 1.7 vs SGX:5PO: 2.69

Hiap Tong Debt-to-EBITDA Historical Data

The historical data trend for Hiap Tong'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.

Hiap Tong Debt-to-EBITDA Chart

Hiap Tong Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.60 4.05 2.67 2.01 2.68

Hiap Tong Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 2.11 1.90 2.53 2.67 2.79

Competitive Comparison of Hiap Tong's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, Hiap Tong'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.


Hiap Tong's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hiap Tong's Debt-to-EBITDA distribution charts can be found below:

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


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Hiap Tong Debt-to-EBITDA Calculation

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

Hiap Tong's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(31.381 + 33.952) / 24.383
=2.68

Hiap Tong's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(34.867 + 28.473) / 22.716
=2.79

* 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 (Sep. 2024) EBITDA data.


Hiap Tong  (SGX:5PO) 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.


Hiap Tong Debt-to-EBITDA Related Terms

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


Hiap Tong Business Description

Traded in Other Exchanges
N/A
Address
22 Soon lee Road, Singapore, SGP, 628082
Hiap Tong Corp Ltd is mainly involved in renting cranes, prime movers, heavy machinery, and equipment and trading cranes and heavy equipment. The company's products are used by the marine, petrochemical, and construction industries. It operates in two segments namely lifting and haulage services, and manpower services. The company also provides load test and drop test services for marine offshore and engineering industries. Its geographical segments include Singapore and Malaysia, of which the majority of the revenue comes from Singapore.

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