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Lee Swee Kiat Group Bhd (XKLS:8079) Debt-to-EBITDA : 0.28 (As of Dec. 2023)


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What is Lee Swee Kiat Group Bhd Debt-to-EBITDA?

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

Lee Swee Kiat Group Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM4.5 Mil. Lee Swee Kiat Group Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM3.2 Mil. Lee Swee Kiat Group Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM27.7 Mil. Lee Swee Kiat Group Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.28.

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 Lee Swee Kiat Group Bhd's Debt-to-EBITDA or its related term are showing as below:

XKLS:8079' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.32   Med: 0.9   Max: 1.91
Current: 0.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lee Swee Kiat Group Bhd was 1.91. The lowest was 0.32. And the median was 0.90.

XKLS:8079's Debt-to-EBITDA is ranked better than
81.82% of 341 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 2.01 vs XKLS:8079: 0.32

Lee Swee Kiat Group Bhd Debt-to-EBITDA Historical Data

The historical data trend for Lee Swee Kiat 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.

Lee Swee Kiat Group Bhd Debt-to-EBITDA Chart

Lee Swee Kiat Group 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 0.88 0.64 0.95 0.57 0.32

Lee Swee Kiat 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 0.52 0.54 0.52 0.39 0.28

Competitive Comparison of Lee Swee Kiat Group Bhd's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Lee Swee Kiat 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.


Lee Swee Kiat Group Bhd's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Lee Swee Kiat Group Bhd's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lee Swee Kiat Group Bhd's Debt-to-EBITDA falls into.



Lee Swee Kiat Group Bhd Debt-to-EBITDA Calculation

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

Lee Swee Kiat Group 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
=(4.515 + 3.182) / 24.297
=0.32

Lee Swee Kiat 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
=(4.515 + 3.182) / 27.68
=0.28

* 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.


Lee Swee Kiat Group Bhd  (XKLS:8079) 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.


Lee Swee Kiat Group Bhd Debt-to-EBITDA Related Terms

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


Lee Swee Kiat Group Bhd (XKLS:8079) Business Description

Traded in Other Exchanges
N/A
Address
Wisma LSK, Jalan Haji Abdul Manan, Lot 6122, Off Jalan Meru, Klang, SGR, MYS, 41050
Lee Swee Kiat Group Bhd operates in the Mattresses and bedsprings sector in Malaysia. The Group is organized into two business segments: Investment holding, and Natural latex and mattress-related products. The Natural latex and mattress related products segment which generates majority revenue engages in the manufacturing, trading, and distribution of mattresses, bedding accessories, laminated foam, polyurethane foam, natural latex foam, and other related products. The investment holding segment engages in investment holding activity.

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