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Joe Holding Bhd (XKLS:7096) Debt-to-EBITDA : 7.40 (As of Dec. 2023)


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What is Joe Holding Bhd Debt-to-EBITDA?

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

Joe Holding Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM60.87 Mil. Joe Holding Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.01 Mil. Joe Holding Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM8.77 Mil. Joe Holding Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 7.40.

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

XKLS:7096' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.88   Med: -1.55   Max: 35.38
Current: 35.38

During the past 13 years, the highest Debt-to-EBITDA Ratio of Joe Holding Bhd was 35.38. The lowest was -18.88. And the median was -1.55.

XKLS:7096's Debt-to-EBITDA is ranked worse than
97.82% of 1055 companies
in the Vehicles & Parts industry
Industry Median: 2.33 vs XKLS:7096: 35.38

Joe Holding Bhd Debt-to-EBITDA Historical Data

The historical data trend for Joe Holding 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.

Joe Holding Bhd Debt-to-EBITDA Chart

Joe Holding 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 - - -1.38 -0.05 -1.71

Joe Holding 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 0.81 19.17 -8.41 23.31 7.40

Competitive Comparison of Joe Holding Bhd's Debt-to-EBITDA

For the Auto Parts subindustry, Joe Holding 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.


Joe Holding Bhd's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Joe Holding Bhd's Debt-to-EBITDA distribution charts can be found below:

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



Joe Holding Bhd Debt-to-EBITDA Calculation

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

Joe Holding 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
=(54.68 + 3.914) / -34.199
=-1.71

Joe Holding 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
=(60.868 + 4.014) / 8.772
=7.40

* 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.


Joe Holding Bhd  (XKLS:7096) 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.


Joe Holding Bhd Debt-to-EBITDA Related Terms

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


Joe Holding Bhd (XKLS:7096) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Teratai, Off Jalan Meru, Lot 5031 and 5032, Klang, SGR, MYS, 41050
Joe Holding Bhd is an investment holding company. The company's operating segment includes Automotive batteries; Valve Regulated Lead Acid (VRLA) batteries; Investment holding and others. It generates maximum revenue from the Automotive batteries segment. The Automotive batteries segment is engaged in the manufacture, assembly, and sale of automotive batteries and components. Geographically, it derives a majority of revenue from Malaysia. Valve Regulated Lead Acid batteries segment includes Manufacture, assembly and sales of sealed lead acid batteries. Investment holding segment includes Provision of warehouse storage service. Others includes Glove manufacturing and dormant subsidiary companies.

Joe Holding Bhd (XKLS:7096) Headlines

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