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Asdion Bhd (XKLS:0068) Debt-to-EBITDA : -10.61 (As of Dec. 2023)


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What is Asdion Bhd Debt-to-EBITDA?

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

Asdion Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.14 Mil. Asdion Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.16 Mil. Asdion Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM-0.03 Mil. Asdion Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -10.61.

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 Asdion Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:0068' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -34.02   Med: -2.37   Max: -0.34
Current: -0.77

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asdion Bhd was -0.34. The lowest was -34.02. And the median was -2.37.

XKLS:0068's Debt-to-EBITDA is ranked worse than
100% of 414 companies
in the Conglomerates industry
Industry Median: 3.12 vs XKLS:0068: -0.77

Asdion Bhd Debt-to-EBITDA Historical Data

The historical data trend for Asdion 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.

Asdion Bhd Debt-to-EBITDA Chart

Asdion Bhd Annual Data
Trend Dec09 Dec10 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep20 Sep21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -34.02 -0.34 -1.27 -0.53 -0.52

Asdion Bhd Quarterly Data
Jun18 Sep18 Dec18 Jun19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23
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 -0.86 -0.47 -0.90 -0.14 -10.61

Competitive Comparison of Asdion Bhd's Debt-to-EBITDA

For the Conglomerates subindustry, Asdion 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.


Asdion Bhd's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Asdion Bhd's Debt-to-EBITDA distribution charts can be found below:

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



Asdion Bhd Debt-to-EBITDA Calculation

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

Asdion Bhd's Debt-to-EBITDA for the fiscal year that ended in Sep. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.937 + 0.111) / -2.022
=-0.52

Asdion 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
=(0.138 + 0.159) / -0.028
=-10.61

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Asdion Bhd  (XKLS:0068) 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.


Asdion Bhd Debt-to-EBITDA Related Terms

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


Asdion Bhd (XKLS:0068) Business Description

Traded in Other Exchanges
N/A
Address
SO-13A-3A, Menara 1, No. 3, Jalan Bangsar, KL Eco City, Kuala Lumpur, SGR, MYS, 59200
Asdion Bhd is an investment holding company. It is engaged in logistics businesses, commodity trading, and property development. The company also operates in software development and activities related to information and communication technologies.

Asdion Bhd (XKLS:0068) Headlines

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