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Gas Malaysia Bhd (XKLS:5209) Debt-to-EBITDA : 0.50 (As of Mar. 2024)


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What is Gas Malaysia Bhd Debt-to-EBITDA?

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

Gas Malaysia Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM252 Mil. Gas Malaysia Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM82 Mil. Gas Malaysia Bhd's annualized EBITDA for the quarter that ended in Mar. 2024 was RM669 Mil. Gas Malaysia Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.50.

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

XKLS:5209' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.37   Med: 0.75   Max: 1.15
Current: 0.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gas Malaysia Bhd was 1.15. The lowest was 0.37. And the median was 0.75.

XKLS:5209's Debt-to-EBITDA is ranked better than
87.66% of 470 companies
in the Utilities - Regulated industry
Industry Median: 3.81 vs XKLS:5209: 0.52

Gas Malaysia Bhd Debt-to-EBITDA Historical Data

The historical data trend for Gas Malaysia 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.

Gas Malaysia Bhd Debt-to-EBITDA Chart

Gas Malaysia 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 1.15 1.02 0.77 0.37 0.53

Gas Malaysia Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.39 0.43 0.48 0.48 0.50

Competitive Comparison of Gas Malaysia Bhd's Debt-to-EBITDA

For the Utilities - Regulated Gas subindustry, Gas Malaysia 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.


Gas Malaysia Bhd's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Gas Malaysia Bhd's Debt-to-EBITDA distribution charts can be found below:

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



Gas Malaysia Bhd Debt-to-EBITDA Calculation

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

Gas Malaysia 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
=(251.583 + 82.06) / 633.585
=0.53

Gas Malaysia Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(252.323 + 81.924) / 668.656
=0.50

* 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 (Mar. 2024) EBITDA data.


Gas Malaysia Bhd  (XKLS:5209) 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.


Gas Malaysia Bhd Debt-to-EBITDA Related Terms

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


Gas Malaysia Bhd (XKLS:5209) Business Description

Traded in Other Exchanges
N/A
Address
Number 5, Jalan Serendah 26/17, Seksyen 26, Shah Alam, SGR, MYS, 40732
Gas Malaysia Bhd is a Malaysian gas utility company of which the shareholder is the state-owned Malaysian energy corporation, Petronas. Gas Malaysia is involved in the distribution and sale of natural gas and liquefied petroleum gas (LPG) within the Natural Gas Distribution System in Peninsular Malaysia. The company segments its operations into Natural Gas and LPG and Others. Nearly all of Gas Malaysia's revenue is derived from its Natural Gas and LPG division. Within this unit, the sale of natural gas generates the vast majority of revenue. Malaysia Gas also receives revenue from sales of LPG, the construction of pipelines, and pipeline usage tolling fees. While the company serves a variety of industrial and commercial consumers, its customers are residential entities.

Gas Malaysia Bhd (XKLS:5209) Headlines

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