Alpha Ocean Resources Bhd (XKLS:03051) Debt-to-EBITDA : -0.18 (As of Dec. 2023)

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What is Alpha Ocean Resources Bhd Debt-to-EBITDA?

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

Alpha Ocean Resources Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.52 Mil. Alpha Ocean Resources Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM0.00 Mil. Alpha Ocean Resources Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM-2.97 Mil. Alpha Ocean Resources Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.18.

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

XKLS:03051' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.09 Med: 0.11 Max: 0.22
Current: -0.09

During the past 5 years, the highest Debt-to-EBITDA Ratio of Alpha Ocean Resources Bhd was 0.22. The lowest was -0.09. And the median was 0.11.

XKLS:03051's Debt-to-EBITDA is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 2.14 vs XKLS:03051: -0.09

Alpha Ocean Resources Bhd Debt-to-EBITDA Historical Data

The historical data trend for Alpha Ocean Resources 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.

Alpha Ocean Resources Bhd Debt-to-EBITDA Chart

Alpha Ocean Resources Bhd Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

0.22

Alpha Ocean Resources Bhd Semi-Annual Data
	Jun19	Jun20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-0.17	0.02	-0.09	-	-0.18

Competitive Comparison of Alpha Ocean Resources Bhd's Debt-to-EBITDA

For the Farm Products subindustry, Alpha Ocean Resources 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.

Alpha Ocean Resources Bhd's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Alpha Ocean Resources Bhd's Debt-to-EBITDA distribution charts can be found below:

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

Alpha Ocean Resources Bhd Debt-to-EBITDA Calculation

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

Alpha Ocean Resources Bhd's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.021	+	0.01)	/	-7.151
	=	-0.00

Alpha Ocean Resources 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
	=	(0.523	+	0)	/	-2.968
	=	-0.18

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.

Alpha Ocean Resources Bhd (XKLS:03051) 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.

Alpha Ocean Resources Bhd Debt-to-EBITDA Related Terms

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

Alpha Ocean Resources Bhd (XKLS:03051) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Alpha Ocean Resources Bhd (XKLS:03051) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No.3, Jalan Bangsar, Unit SO-33A-1 & SO-33A-8, Menara 1, Strata Offices, KL Eco City, Kuala Lumpur, MYS, 59200

Website

https://www.aorb.com.my

Alpha Ocean Resources Bhd is a tuna fishing and trading company based in Malaysia, which focuses on delivering premium tuna fishes. The company is committed to providing customers with quality catches that are affordable and take measures to ensure fishing operations are sustainable.

Alpha Ocean Resources Bhd (XKLS:03051) Headlines

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