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Thriven Global Bhd (XKLS:7889) Debt-to-EBITDA : -7.94 (As of Mar. 2024)


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What is Thriven Global Bhd Debt-to-EBITDA?

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

Thriven Global Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM19.28 Mil. Thriven Global Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was RM60.05 Mil. Thriven Global Bhd's annualized EBITDA for the quarter that ended in Mar. 2024 was RM-9.99 Mil. Thriven Global Bhd's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -7.94.

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

XKLS:7889' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -76.16   Med: 5.79   Max: 28.44
Current: -4.15

During the past 13 years, the highest Debt-to-EBITDA Ratio of Thriven Global Bhd was 28.44. The lowest was -76.16. And the median was 5.79.

XKLS:7889's Debt-to-EBITDA is ranked worse than
100% of 1253 companies
in the Real Estate industry
Industry Median: 6 vs XKLS:7889: -4.15

Thriven Global Bhd Debt-to-EBITDA Historical Data

The historical data trend for Thriven Global 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.

Thriven Global Bhd Debt-to-EBITDA Chart

Thriven Global 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 3.07 7.79 -76.16 19.82 -2.69

Thriven Global 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 -1.42 -12.32 -5.86 -1.95 -7.94

Competitive Comparison of Thriven Global Bhd's Debt-to-EBITDA

For the Real Estate - Diversified subindustry, Thriven Global 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.


Thriven Global Bhd's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Thriven Global Bhd Debt-to-EBITDA Calculation

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

Thriven Global 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
=(25.496 + 60.777) / -32.124
=-2.69

Thriven Global 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
=(19.284 + 60.045) / -9.992
=-7.94

* 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.


Thriven Global Bhd  (XKLS:7889) 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.


Thriven Global Bhd Debt-to-EBITDA Related Terms

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


Thriven Global Bhd (XKLS:7889) Business Description

Traded in Other Exchanges
N/A
Address
No. 2, Persiaran Tropicana, PJU 3, PS1-08, Lumi Tropicana, Petaling Jaya, SGR, MYS, 47410
Thriven Global Bhd operates as an investment holding company. It is engaged in the business of property development and property investment in Malaysia. The company operates through segments are, Property Development which is engaged in the development of residential and commercial properties. Property Investment segment is engaged in the management and leasing of properties and Investment segment, Food and beverages and investment holding activities from these the firm generates the majority of its revenue from the Property development segment. The group operates only in Malaysia.

Thriven Global Bhd (XKLS:7889) Headlines

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