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Ivory Properties Group Bhd (XKLS:5175) Debt-to-EBITDA : -1.77 (As of Dec. 2023)


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What is Ivory Properties Group Bhd Debt-to-EBITDA?

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

Ivory Properties Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM71.09 Mil. Ivory Properties Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM9.32 Mil. Ivory Properties Group Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM-45.56 Mil. Ivory Properties Group Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.76.

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

XKLS:5175' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.96   Med: 4.81   Max: 7.61
Current: -1.48

During the past 13 years, the highest Debt-to-EBITDA Ratio of Ivory Properties Group Bhd was 7.61. The lowest was -9.96. And the median was 4.81.

XKLS:5175's Debt-to-EBITDA is ranked worse than
100% of 1253 companies
in the Real Estate industry
Industry Median: 5.98 vs XKLS:5175: -1.48

Ivory Properties Group Bhd Debt-to-EBITDA Historical Data

The historical data trend for Ivory Properties Group 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.

Ivory Properties Group Bhd Debt-to-EBITDA Chart

Ivory Properties Group Bhd Annual Data
Trend Dec13 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.43 -9.96 -1.56 -1.88 -1.11

Ivory Properties Group 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 -1.16 -0.82 -8.16 -10.21 -1.77

Competitive Comparison of Ivory Properties Group Bhd's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Ivory Properties Group 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.


Ivory Properties Group Bhd's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ivory Properties Group Bhd's Debt-to-EBITDA distribution charts can be found below:

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



Ivory Properties Group Bhd Debt-to-EBITDA Calculation

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

Ivory Properties Group 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
=(68.656 + 50.596) / -107.825
=-1.11

Ivory Properties Group 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
=(71.089 + 9.318) / -45.564
=-1.76

* 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.


Ivory Properties Group Bhd  (XKLS:5175) 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.


Ivory Properties Group Bhd Debt-to-EBITDA Related Terms

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


Ivory Properties Group Bhd (XKLS:5175) Business Description

Traded in Other Exchanges
N/A
Address
81-11-1, Jalan Dato Keramat, Ivory Tower, Penang Times Square, Georgetown, PNG, MYS, 10150
Ivory Properties Group Bhd is a property development group in Northern Malaysia. It has aggregated its operations into three reportable segments, Property Development and management segment which comprises property development activities, developed properties, property management, and tenancy management services; Construction contracts segment includes building and construction activities and Investment Holding and Others segment. The business of the group only operates in Malaysia.

Ivory Properties Group Bhd (XKLS:5175) Headlines

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