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MK Land Holdings Bhd (XKLS:8893) Debt-to-EBITDA : 3.19 (As of Sep. 2024)


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What is MK Land Holdings Bhd Debt-to-EBITDA?

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

MK Land Holdings Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM19.6 Mil. MK Land Holdings Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was RM37.9 Mil. MK Land Holdings Bhd's annualized EBITDA for the quarter that ended in Sep. 2024 was RM18.0 Mil. MK Land Holdings Bhd's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 3.19.

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

XKLS:8893' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.84   Med: 1.03   Max: 1.61
Current: 1.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of MK Land Holdings Bhd was 1.61. The lowest was 0.84. And the median was 1.03.

XKLS:8893's Debt-to-EBITDA is ranked better than
81.47% of 1225 companies
in the Real Estate industry
Industry Median: 6.13 vs XKLS:8893: 1.57

MK Land Holdings Bhd Debt-to-EBITDA Historical Data

The historical data trend for MK Land 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.

MK Land Holdings Bhd Debt-to-EBITDA Chart

MK Land Holdings Bhd Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.61 0.90 0.90 1.11 1.18

MK Land Holdings Bhd Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 4.77 4.05 6.28 0.46 3.19

Competitive Comparison of MK Land Holdings Bhd's Debt-to-EBITDA

For the Real Estate - Development subindustry, MK Land 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.


MK Land Holdings Bhd's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



MK Land Holdings Bhd Debt-to-EBITDA Calculation

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

MK Land Holdings Bhd's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(11.669 + 38.765) / 42.829
=1.18

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(19.609 + 37.905) / 18.036
=3.19

* 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 (Sep. 2024) EBITDA data.


MK Land Holdings Bhd  (XKLS:8893) 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.


MK Land Holdings Bhd Debt-to-EBITDA Related Terms

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


MK Land Holdings Bhd Business Description

Traded in Other Exchanges
N/A
Address
Number 19, Jalan PJU 8/5H, Perdana Business Centre, Bandar Damansara Perdana, Petaling Jaya, SGR, MYS, 47820
MK Land Holdings Bhd is an investment holding company. The company along with its subsidiaries, operates in the following segments; Property development; Leisure; Investment holding; Solar, and Education. It generates maximum revenue from the Property development segment which is engaged in the development of mixed properties and its related activities. The Leisure segment represents the operation of resorts, hotels, and theme parks; the Education segment includes the provision of educational services; the Investment holding segment represents investments in subsidiaries and property investment; and the Solar segment acts as a solar power producer. Geographically, the company predominantly operates in Malaysia.

MK Land Holdings Bhd Headlines

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