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IJM Bhd (XKLS:3336) Debt-to-EBITDA : 4.53 (As of Dec. 2023)


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What is IJM Bhd Debt-to-EBITDA?

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

IJM Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM2,163 Mil. IJM Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM3,489 Mil. IJM Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM1,249 Mil. IJM Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.53.

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

XKLS:3336' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.49   Med: 7.66   Max: 11.26
Current: 5.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of IJM Bhd was 11.26. The lowest was 3.49. And the median was 7.66.

XKLS:3336's Debt-to-EBITDA is ranked worse than
67.62% of 420 companies
in the Conglomerates industry
Industry Median: 3.165 vs XKLS:3336: 5.29

IJM Bhd Debt-to-EBITDA Historical Data

The historical data trend for IJM 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.

IJM Bhd Debt-to-EBITDA Chart

IJM Bhd Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.98 9.18 9.80 11.26 7.55

IJM 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 6.41 5.83 5.35 5.16 4.53

Competitive Comparison of IJM Bhd's Debt-to-EBITDA

For the Conglomerates subindustry, IJM 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.


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

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

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



IJM Bhd Debt-to-EBITDA Calculation

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

IJM Bhd's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1738.983 + 3837.181) / 738.6
=7.55

IJM 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
=(2162.781 + 3489.285) / 1248.604
=4.53

* 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 four times the quarterly (Dec. 2023) EBITDA data.


IJM Bhd  (XKLS:3336) 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.


IJM Bhd Debt-to-EBITDA Related Terms

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


IJM Bhd (XKLS:3336) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Yong Shook Lin, 2nd Floor, Wisma IJM, Petaling Jaya, SGR, MYS, 46050
IJM Corp Bhd is an investment holding company. It constructs hotels, residential complexes, highways and transportation systems, and other large industrial structures. In addition, the company provides construction materials for in-house support and external customers. It utilizes quarry operations, ready-mixed concrete, scaffolding, and other supplies to provide reliable solutions. IJM has five operating segments: Construction, Property development, Manufacturing and quarrying, Infrastructure and Investment and others. The majority of the company's revenue is derived from Malaysia.

IJM Bhd (XKLS:3336) Headlines

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