ICT Zone Asia Bhd (XKLS:03038) Debt-to-EBITDA : 1.55 (As of Jul. 2024)

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What is ICT Zone Asia Bhd Debt-to-EBITDA?

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

ICT Zone Asia Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was RM30.9 Mil. ICT Zone Asia Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was RM80.1 Mil. ICT Zone Asia Bhd's annualized EBITDA for the quarter that ended in Jul. 2024 was RM71.9 Mil. ICT Zone Asia Bhd's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2024 was 1.54.

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

XKLS:03038' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.51 Med: 1.17 Max: 2.01
Current: 1.71

During the past 6 years, the highest Debt-to-EBITDA Ratio of ICT Zone Asia Bhd was 2.01. The lowest was 0.51. And the median was 1.17.

XKLS:03038's Debt-to-EBITDA is ranked worse than
62.01% of 1640 companies
in the Software industry
Industry Median: 1.035 vs XKLS:03038: 1.71

ICT Zone Asia Bhd Debt-to-EBITDA Historical Data

The historical data trend for ICT Zone Asia 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.

ICT Zone Asia Bhd Debt-to-EBITDA Chart

ICT Zone Asia Bhd Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Debt-to-EBITDA

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1.13

0.51

0.80

1.21

2.01

ICT Zone Asia Bhd Semi-Annual Data
	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23	Jan24	Jul24
Debt-to-EBITDA	Get a 7-Day Free Trial							0.92	1.10	1.63	1.65	1.55

Competitive Comparison of ICT Zone Asia Bhd's Debt-to-EBITDA

For the Information Technology Services subindustry, ICT Zone Asia 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.

ICT Zone Asia Bhd's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, ICT Zone Asia Bhd's Debt-to-EBITDA distribution charts can be found below:

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

ICT Zone Asia Bhd Debt-to-EBITDA Calculation

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

ICT Zone Asia Bhd's Debt-to-EBITDA for the fiscal year that ended in Jan. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(36.289	+	60.307)	/	48.166
	=	2.01

ICT Zone Asia Bhd's annualized Debt-to-EBITDA for the quarter that ended in Jul. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(30.901	+	80.114)	/	71.862
	=	1.54

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 (Jul. 2024) EBITDA data.

ICT Zone Asia Bhd (XKLS:03038) 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.

ICT Zone Asia Bhd Debt-to-EBITDA Related Terms

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

ICT Zone Asia Bhd Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » ICT Zone Asia Bhd (XKLS:03038) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

03038P.PFD:Malaysia

Address

Jalan Ampang Putra, Ground Floor, Block H, Excella Business Park, Wilayah Persekutuan, Ampang, Kuala Lumpur, SGR, MYS, 55100

Website

https://www.ictzone.asia

ICT Zone Asia Bhd is an investment holding company. It operates in the following segments: Leasing, which involves the operating lease of ICT hardware and software without services as well as disposal of assets returned at the end of the operating lease; Trading includes outright sales of ICT hardware and software; Service segment includes the provision of ICT services that comprise of corrective and preventative maintenance; Rental segment includes rental of ICT hardware and software inclusive of corrective and preventative maintenance; and Cloud solution and service.

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