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YGL Convergence Bhd (XKLS:0086) Debt-to-EBITDA : 1.64 (As of Dec. 2023)


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What is YGL Convergence Bhd Debt-to-EBITDA?

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

YGL Convergence Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1.11 Mil. YGL Convergence Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.00 Mil. YGL Convergence Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM0.68 Mil. YGL Convergence Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.64.

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

XKLS:0086' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.41   Med: 0.4   Max: 4.5
Current: 0.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of YGL Convergence Bhd was 4.50. The lowest was -1.41. And the median was 0.40.

XKLS:0086's Debt-to-EBITDA is ranked better than
68.58% of 1738 companies
in the Hardware industry
Industry Median: 1.8 vs XKLS:0086: 0.83

YGL Convergence Bhd Debt-to-EBITDA Historical Data

The historical data trend for YGL Convergence 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.

YGL Convergence Bhd Debt-to-EBITDA Chart

YGL Convergence Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 - - 0.78 4.50

YGL Convergence Bhd Quarterly Data
Dec18 Mar19 Jun19 Sep19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -4.02 0.68 0.77 1.43 1.64

Competitive Comparison of YGL Convergence Bhd's Debt-to-EBITDA

For the Electronics & Computer Distribution subindustry, YGL Convergence 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.


YGL Convergence Bhd's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, YGL Convergence Bhd's Debt-to-EBITDA distribution charts can be found below:

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



YGL Convergence Bhd Debt-to-EBITDA Calculation

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

YGL Convergence Bhd's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.7 + 0) / 0.378
=4.50

YGL Convergence 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
=(1.107 + 0) / 0.676
=1.64

* 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.


YGL Convergence Bhd  (XKLS:0086) 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.


YGL Convergence Bhd Debt-to-EBITDA Related Terms

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


YGL Convergence Bhd (XKLS:0086) Business Description

Traded in Other Exchanges
N/A
Address
No. 35, Scotland Road, George Town, PNG, MYS, 10450
YGL Convergence Bhd is principally engaged in the marketing and distribution of computer software and hardware and the provision of professional service. The Group's reportable segment includes Software implementation, which is engaged in the Provision of software installation, commissioning, support, and maintenance services and its related services; the Solar panel installation segment, which is engaged in the Provision of engineering, procurement, construction, and commissioning services in solar energy solution and its related services. The majority of the company's revenue is derived from software panel installations. The company's geographical segments include Malaysia, Hong Kong, and other countries, out of which Malaysia derives the majority revenue.

YGL Convergence Bhd (XKLS:0086) Headlines

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