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SKK Holdings (SKK Holdings) Debt-to-EBITDA : 1.77 (As of Jun. 2023)


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What is SKK Holdings Debt-to-EBITDA?

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

SKK Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $2.57 Mil. SKK Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $1.86 Mil. SKK Holdings's annualized EBITDA for the quarter that ended in Jun. 2023 was $2.51 Mil. SKK Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 1.77.

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

SKK's Debt-to-EBITDA is not ranked *
in the Construction industry.
Industry Median: 2.31
* Ranked among companies with meaningful Debt-to-EBITDA only.

SKK Holdings Debt-to-EBITDA Historical Data

The historical data trend for SKK 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.

SKK Holdings Debt-to-EBITDA Chart

SKK Holdings Annual Data
Trend Dec21 Dec22
Debt-to-EBITDA
2.08 1.40

SKK Holdings Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Debt-to-EBITDA N/A - 1.54 1.77

Competitive Comparison of SKK Holdings's Debt-to-EBITDA

For the Engineering & Construction subindustry, SKK 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.


SKK Holdings's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, SKK Holdings's Debt-to-EBITDA distribution charts can be found below:

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



SKK Holdings Debt-to-EBITDA Calculation

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

SKK Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.961 + 2.55) / 3.219
=1.40

SKK Holdings's annualized Debt-to-EBITDA for the quarter 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
=(2.572 + 1.862) / 2.51
=1.77

* 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 (Jun. 2023) EBITDA data.


SKK Holdings  (NAS:SKK) 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.


SKK Holdings Debt-to-EBITDA Related Terms

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


SKK Holdings (SKK Holdings) Business Description

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Traded in Other Exchanges
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Address
SKK Holdings Ltd is a civil engineering service provider that specializes in subsurface utility works in Singapore. It construct and maintain various public works and infrastructure projects that serve the society and the environment. Its projects are primarily the subsurface work related to projects undertaken by the Public Utilities Board (PUB) and Singapore Telecommunications Limited. The nature of these projects is related to repairing of pumping mains, sewer maintenance and pipe cable laying.

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