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Chin Teck Plantations Bhd (XKLS:1929) Debt-to-EBITDA : 0.09 (As of Feb. 2024)


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What is Chin Teck Plantations Bhd Debt-to-EBITDA?

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

Chin Teck Plantations Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM0.3 Mil. Chin Teck Plantations Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was RM10.5 Mil. Chin Teck Plantations Bhd's annualized EBITDA for the quarter that ended in Feb. 2024 was RM116.6 Mil. Chin Teck Plantations Bhd's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 0.09.

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

XKLS:1929' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.11   Med: 0.14   Max: 0.14
Current: 0.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chin Teck Plantations Bhd was 0.14. The lowest was 0.11. And the median was 0.14.

XKLS:1929's Debt-to-EBITDA is ranked better than
92.07% of 1425 companies
in the Consumer Packaged Goods industry
Industry Median: 2.13 vs XKLS:1929: 0.11

Chin Teck Plantations Bhd Debt-to-EBITDA Historical Data

The historical data trend for Chin Teck Plantations 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.

Chin Teck Plantations Bhd Debt-to-EBITDA Chart

Chin Teck Plantations Bhd Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.14

Chin Teck Plantations Bhd Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.40 0.17 0.13 0.09 0.09

Competitive Comparison of Chin Teck Plantations Bhd's Debt-to-EBITDA

For the Farm Products subindustry, Chin Teck Plantations 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.


Chin Teck Plantations Bhd's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

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

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



Chin Teck Plantations Bhd Debt-to-EBITDA Calculation

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

Chin Teck Plantations Bhd's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.419 + 10.634) / 78.843
=0.14

Chin Teck Plantations Bhd's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.295 + 10.548) / 116.572
=0.09

* 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 (Feb. 2024) EBITDA data.


Chin Teck Plantations Bhd  (XKLS:1929) 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.


Chin Teck Plantations Bhd Debt-to-EBITDA Related Terms

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


Chin Teck Plantations Bhd (XKLS:1929) Business Description

Traded in Other Exchanges
N/A
Address
Block 2B, Level 3A, Jalan Stesen Sentral 5, Suite 2B-3A-2, Plaza Sentral, Kuala Lumpur Sentral, Kuala Lumpur, SGR, MYS, 50470
Chin Teck Plantations Bhd is an investment holding company, which is engaged in the cultivation of oil palms, process and sale of fresh fruit bunches, crude palm oil, and palm kernel and is predominantly carried out in Malaysia. The company has three cultivation lands in Malaysia namely, Jemima and Sungei Sendayan, Gua Musang, and Keratong. The company also participates in joint ventures on oil palm plantations in Indonesia located at Lampung Province, Jambi Province, and South Sumatera Province, Sumatera, Republic of Indonesia.

Chin Teck Plantations Bhd (XKLS:1929) Headlines

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