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Matrix Parking Solution Holdings Bhd (XKLS:03019) Debt-to-EBITDA : 1.53 (As of Dec. 2023)


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What is Matrix Parking Solution Holdings Bhd Debt-to-EBITDA?

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

Matrix Parking Solution Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.70 Mil. Matrix Parking Solution Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM5.64 Mil. Matrix Parking Solution Holdings Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM6.76 Mil. Matrix Parking Solution Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.53.

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 Matrix Parking Solution Holdings Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:03019' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.96   Med: 1.87   Max: 3.21
Current: 1.55

During the past 7 years, the highest Debt-to-EBITDA Ratio of Matrix Parking Solution Holdings Bhd was 3.21. The lowest was 0.96. And the median was 1.87.

XKLS:03019's Debt-to-EBITDA is not ranked
in the Construction industry.
Industry Median: 2.32 vs XKLS:03019: 1.55

Matrix Parking Solution Holdings Bhd Debt-to-EBITDA Historical Data

The historical data trend for Matrix Parking Solution Holdings 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.

Matrix Parking Solution Holdings Bhd Debt-to-EBITDA Chart

Matrix Parking Solution Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 1.87 3.21 1.64 1.94 1.55

Matrix Parking Solution Holdings Bhd Semi-Annual Data
Dec16 Dec17 Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 1.23 2.17 1.75 0.89 1.53

Competitive Comparison of Matrix Parking Solution Holdings Bhd's Debt-to-EBITDA

For the Infrastructure Operations subindustry, Matrix Parking Solution Holdings 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.


Matrix Parking Solution Holdings Bhd's Debt-to-EBITDA Distribution in the Construction Industry

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

* The bar in red indicates where Matrix Parking Solution Holdings Bhd's Debt-to-EBITDA falls into.



Matrix Parking Solution Holdings Bhd Debt-to-EBITDA Calculation

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

Matrix Parking Solution Holdings Bhd's Debt-to-EBITDA for the fiscal year 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
=(4.703 + 5.637) / 6.665
=1.55

Matrix Parking Solution Holdings 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
=(4.703 + 5.637) / 6.758
=1.53

* 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 (Dec. 2023) EBITDA data.


Matrix Parking Solution Holdings Bhd  (XKLS:03019) 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.


Matrix Parking Solution Holdings Bhd Debt-to-EBITDA Related Terms

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


Matrix Parking Solution Holdings Bhd (XKLS:03019) Business Description

Traded in Other Exchanges
N/A
Address
Jalan PJU 1A/41 Ara Jaya, Y-BG-02 No.1, Damansara, Selangor Darul Ehsa, Petaling Jaya, MYS
Matrix Parking Solution Holdings Bhd offers car parking operation and management services.

Matrix Parking Solution Holdings Bhd (XKLS:03019) Headlines

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