Glostrext Bhd (XKLS:0284) Debt-to-EBITDA : 1.26 (As of Mar. 2023)

View and export this data going back to 2023. Start your Free Trial

What is Glostrext Bhd Debt-to-EBITDA?

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

Glostrext Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was RM0.62 Mil. Glostrext Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was RM8.58 Mil. Glostrext Bhd's annualized EBITDA for the quarter that ended in Mar. 2023 was RM7.33 Mil. Glostrext Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2023 was 1.25.

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

XKLS:0284' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.03 Med: 1.53 Max: 2.58
Current: 1.26

During the past 4 years, the highest Debt-to-EBITDA Ratio of Glostrext Bhd was 2.58. The lowest was 1.03. And the median was 1.53.

XKLS:0284's Debt-to-EBITDA is ranked better than
66.69% of 1306 companies
in the Construction industry
Industry Median: 2.31 vs XKLS:0284: 1.26

Glostrext Bhd Debt-to-EBITDA Historical Data

The historical data trend for Glostrext 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.

Glostrext Bhd Debt-to-EBITDA Chart

Glostrext Bhd Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

1.80

2.58

1.03

1.26

Glostrext Bhd Semi-Annual Data
	Mar20	Mar21	Mar22	Mar23
Debt-to-EBITDA	1.80	2.58	1.03	1.26

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

For the Engineering & Construction subindustry, Glostrext 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.

Glostrext Bhd's Debt-to-EBITDA Distribution in the Construction Industry

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

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

Glostrext Bhd Debt-to-EBITDA Calculation

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

Glostrext 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
	=	(0.619	+	8.584)	/	7.334
	=	1.25

Glostrext Bhd's annualized Debt-to-EBITDA for the quarter 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
	=	(0.619	+	8.584)	/	7.334
	=	1.25

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 (Mar. 2023) EBITDA data.

Glostrext Bhd (XKLS:0284) 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.

Glostrext Bhd Debt-to-EBITDA Related Terms

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

Glostrext Bhd (XKLS:0284) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Glostrext Bhd (XKLS:0284) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 11A, Jalan Apollo U5/194, Bandar Pinggiran Subang, Seksyen U5, Shah Alam, SGR, MYS, 40150

Website

https://www.glostrext.com

Glostrext Bhd is a geotechnical instrumentation service provider, where it provides piling, structural and geotechnical-related services, covering instrumentation, testing and monitoring services to construction projects as well as completed buildings and infrastructure. Its service offerings can be categorized into 2 segments; Provision of pile instrumentation and static load test services to construction projects and Provision of structural and ground instrumentation and monitoring services to construction projects as well as completed buildings and infrastructures. The majority of revenue is derived from pile instrumentation and static load test services.

Glostrext Bhd (XKLS:0284) Headlines

No Headlines