GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Mega African Capital Ltd (XGHA:MAC) » Definitions » Debt-to-EBITDA

Mega African Capital (XGHA:MAC) Debt-to-EBITDA : 0.00 (As of Dec. 2022)


View and export this data going back to 2014. Start your Free Trial

What is Mega African Capital Debt-to-EBITDA?

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

Mega African Capital's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was GHS0.00 Mil. Mega African Capital's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was GHS0.00 Mil. Mega African Capital's annualized EBITDA for the quarter that ended in Dec. 2022 was GHS-1.05 Mil. Mega African Capital's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 0.00.

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 Mega African Capital's Debt-to-EBITDA or its related term are showing as below:

XGHA:MAC's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.33
* Ranked among companies with meaningful Debt-to-EBITDA only.

Mega African Capital Debt-to-EBITDA Historical Data

The historical data trend for Mega African Capital'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.

Mega African Capital Debt-to-EBITDA Chart

Mega African Capital Annual Data
Trend Dec20 Dec21 Dec22
Debt-to-EBITDA
- -111.80 -

Mega African Capital Semi-Annual Data
Dec20 Dec21 Dec22
Debt-to-EBITDA - -111.80 -

Competitive Comparison of Mega African Capital's Debt-to-EBITDA

For the Asset Management subindustry, Mega African Capital'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.


Mega African Capital's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Mega African Capital's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Mega African Capital's Debt-to-EBITDA falls into.



Mega African Capital Debt-to-EBITDA Calculation

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

Mega African Capital'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
=(0 + 0) / -1.052
=0.00

Mega African Capital's annualized Debt-to-EBITDA for the quarter 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
=(0 + 0) / -1.052
=0.00

* 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 one times the quarterly (Dec. 2022) EBITDA data.


Mega African Capital  (XGHA:MAC) 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.


Mega African Capital Debt-to-EBITDA Related Terms

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


Mega African Capital (XGHA:MAC) Business Description

Traded in Other Exchanges
N/A
Address
Sunyani Avenue, The Alberts, 2nd Floor, No. 23 Kanda Estates, Kanda, Accra, GHA
Mega African Capital Ltd is an investment company. The company's objective is to seek exposure to the potential to generate high real returns. The company invests across three business lines namely, equity unlisted equity and real estate projects. The Company is authorized to undertake the Development, Purchase, Sales and Rental of Real Estates; Investment In Equities; Fixed Income Investments; and Any other Financial Services.