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Mynews Holdings Bhd (XKLS:5275) Debt-to-EBITDA : 2.30 (As of Jan. 2024)


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What is Mynews Holdings Bhd Debt-to-EBITDA?

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

Mynews Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM88.3 Mil. Mynews Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was RM156.3 Mil. Mynews Holdings Bhd's annualized EBITDA for the quarter that ended in Jan. 2024 was RM106.4 Mil. Mynews Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was 2.30.

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

XKLS:5275' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.13   Med: 1.17   Max: 16.69
Current: 2.68

During the past 9 years, the highest Debt-to-EBITDA Ratio of Mynews Holdings Bhd was 16.69. The lowest was 0.13. And the median was 1.17.

XKLS:5275's Debt-to-EBITDA is ranked worse than
51.19% of 840 companies
in the Retail - Cyclical industry
Industry Median: 2.635 vs XKLS:5275: 2.68

Mynews Holdings Bhd Debt-to-EBITDA Historical Data

The historical data trend for Mynews 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.

Mynews Holdings Bhd Debt-to-EBITDA Chart

Mynews Holdings Bhd Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 1.17 3.41 16.69 4.46 2.93

Mynews Holdings Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.56 3.64 2.86 2.38 2.30

Competitive Comparison of Mynews Holdings Bhd's Debt-to-EBITDA

For the Specialty Retail subindustry, Mynews 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.


Mynews Holdings Bhd's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Mynews Holdings Bhd's Debt-to-EBITDA distribution charts can be found below:

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



Mynews Holdings Bhd Debt-to-EBITDA Calculation

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

Mynews Holdings Bhd's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(87.454 + 160.376) / 84.679
=2.93

Mynews Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(88.328 + 156.329) / 106.364
=2.30

* 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 (Jan. 2024) EBITDA data.


Mynews Holdings Bhd  (XKLS:5275) 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.


Mynews Holdings Bhd Debt-to-EBITDA Related Terms

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


Mynews Holdings Bhd (XKLS:5275) Business Description

Traded in Other Exchanges
N/A
Address
Lot No. 3, Jalan Teknologi 3/1, Taman Sains Selangor 1, Seksyen 3, PJU 5, Kota Damansara, Petaling Jaya, MYS, 47810
Mynews Holdings Bhd through its subsidiaries is engaged in the manufacture and convenience retailing, comprising the operations of a press and convenience retail chain in Malaysia under the trade name of myNEWS.com, newsplus, MAGBIT, and THE FRONT PAGE. The company operates principally in Malaysia.

Mynews Holdings Bhd (XKLS:5275) Headlines

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