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Apex Equity Holdings Bhd (XKLS:5088) Debt-to-EBITDA : 0.56 (As of Dec. 2023)


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What is Apex Equity Holdings Bhd Debt-to-EBITDA?

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

Apex Equity Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.94 Mil. Apex Equity Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1.40 Mil. Apex Equity Holdings Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM11.23 Mil. Apex Equity Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.56.

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

XKLS:5088' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.14   Med: 0.29   Max: 0.66
Current: 0.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of Apex Equity Holdings Bhd was 0.66. The lowest was 0.14. And the median was 0.29.

XKLS:5088's Debt-to-EBITDA is ranked better than
69.95% of 416 companies
in the Capital Markets industry
Industry Median: 1.5 vs XKLS:5088: 0.51

Apex Equity Holdings Bhd Debt-to-EBITDA Historical Data

The historical data trend for Apex Equity Holdings 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.

Apex Equity Holdings Bhd Debt-to-EBITDA Chart

Apex Equity Holdings Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.23 0.20 0.66 0.51

Apex Equity Holdings 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 1.14 0.35 0.64 0.51 0.56

Competitive Comparison of Apex Equity Holdings Bhd's Debt-to-EBITDA

For the Capital Markets subindustry, Apex Equity Holdings 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.


Apex Equity Holdings Bhd's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Apex Equity Holdings Bhd's Debt-to-EBITDA distribution charts can be found below:

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



Apex Equity Holdings Bhd Debt-to-EBITDA Calculation

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

Apex Equity Holdings Bhd's Debt-to-EBITDA for the fiscal year 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
=(4.939 + 1.398) / 12.533
=0.51

Apex Equity Holdings 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
=(4.939 + 1.398) / 11.228
=0.56

* 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.


Apex Equity Holdings Bhd  (XKLS:5088) 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.


Apex Equity Holdings Bhd Debt-to-EBITDA Related Terms

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


Apex Equity Holdings Bhd (XKLS:5088) Business Description

Traded in Other Exchanges
N/A
Address
Off Jalan Semenyih, Bukit Mewah, 6th Floor, Menara Apex, Kajang, SGR, MYS, 43000
Apex Equity Holdings Bhd is an investment holding company. The company, along with its subsidiaries, is engaged in the business of investment holding and trading in marketable securities. The Group is organised into four main business segments. Investment holdings and others, Stock and futures broking segment, Property holdings and property development and Money lending. The group generates a majority of its revenue from the Stock and futures broking segment. The company operates geographically in Malaysia.

Apex Equity Holdings Bhd (XKLS:5088) Headlines

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