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Berjaya Assets Bhd (XKLS:3239) Debt-to-EBITDA : 13.86 (As of Dec. 2023)


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What is Berjaya Assets Bhd Debt-to-EBITDA?

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

Berjaya Assets Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM136.9 Mil. Berjaya Assets Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM518.7 Mil. Berjaya Assets Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM47.3 Mil. Berjaya Assets Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 13.86.

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

XKLS:3239' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.52   Med: 12.54   Max: 99.55
Current: 14.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Berjaya Assets Bhd was 99.55. The lowest was -16.52. And the median was 12.54.

XKLS:3239's Debt-to-EBITDA is ranked worse than
91.44% of 409 companies
in the Conglomerates industry
Industry Median: 3.28 vs XKLS:3239: 14.83

Berjaya Assets Bhd Debt-to-EBITDA Historical Data

The historical data trend for Berjaya Assets 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.

Berjaya Assets Bhd Debt-to-EBITDA Chart

Berjaya Assets Bhd Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.13 -16.52 -15.81 99.55 16.15

Berjaya Assets Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.45 14.00 37.30 11.24 13.86

Competitive Comparison of Berjaya Assets Bhd's Debt-to-EBITDA

For the Conglomerates subindustry, Berjaya Assets 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.


Berjaya Assets Bhd's Debt-to-EBITDA Distribution in the Conglomerates Industry

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

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



Berjaya Assets Bhd Debt-to-EBITDA Calculation

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

Berjaya Assets 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
=(143.761 + 549.647) / 42.939
=16.15

Berjaya Assets 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
=(136.918 + 518.716) / 47.3
=13.86

* 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 (Dec. 2023) EBITDA data.


Berjaya Assets Bhd  (XKLS:3239) 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.


Berjaya Assets Bhd Debt-to-EBITDA Related Terms

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


Berjaya Assets Bhd (XKLS:3239) Business Description

Traded in Other Exchanges
N/A
Address
Level 12, Berjaya Times Square, No. 1 Jalan Imbi, Kuala Lumpur, SGR, MYS, 55100
Berjaya Assets Bhd is an investment holding company. The company's business segments are gaming and related activities, Property development and property investment, and Recreation and others. Group operates various forecast lotteries in Sarawak, as well as provides lottery consultancy and related services. It is also involved in the investment and development of properties; operation of a hotel, theme park, and car park; management of a ferry terminal; and leasing of a theatre, as well as general trading and provision of commission agency services. Business activity of Berjaya is predominantly functioned through Malaysia. The company generates maximum revenue from Property development and property investment segment.

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