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Fitters Diversified Bhd (XKLS:9318) Debt-to-EBITDA : -4.67 (As of Dec. 2023)


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What is Fitters Diversified Bhd Debt-to-EBITDA?

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

Fitters Diversified Bhd's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM24.5 Mil. Fitters Diversified Bhd's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was RM1.2 Mil. Fitters Diversified Bhd's annualized EBITDA for the quarter that ended in Dec. 2023 was RM-5.5 Mil. Fitters Diversified Bhd's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -4.67.

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

XKLS:9318' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.28   Med: 3.63   Max: 46.54
Current: -1.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fitters Diversified Bhd was 46.54. The lowest was -1.28. And the median was 3.63.

XKLS:9318's Debt-to-EBITDA is ranked worse than
100% of 415 companies
in the Conglomerates industry
Industry Median: 3.12 vs XKLS:9318: -1.28

Fitters Diversified Bhd Debt-to-EBITDA Historical Data

The historical data trend for Fitters Diversified 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.

Fitters Diversified Bhd Debt-to-EBITDA Chart

Fitters Diversified Bhd Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.07 3.46 3.79 46.54 -0.85

Fitters Diversified Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 -1.63 -0.40 7.77 0.87 -4.67

Competitive Comparison of Fitters Diversified Bhd's Debt-to-EBITDA

For the Conglomerates subindustry, Fitters Diversified 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.


Fitters Diversified Bhd's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Fitters Diversified Bhd's Debt-to-EBITDA distribution charts can be found below:

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



Fitters Diversified Bhd Debt-to-EBITDA Calculation

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

Fitters Diversified 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
=(44.312 + 1.493) / -53.683
=-0.85

Fitters Diversified 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
=(24.548 + 1.159) / -5.504
=-4.67

* 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.


Fitters Diversified Bhd  (XKLS:9318) 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.


Fitters Diversified Bhd Debt-to-EBITDA Related Terms

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


Fitters Diversified Bhd (XKLS:9318) Business Description

Traded in Other Exchanges
N/A
Address
Number 1, Jalan Tembaga SD 5/2, Bandar Sri Damansara, Wisma FITTERS, Kuala Lumpur, SGR, MYS, 52200
Fitters Diversified Bhd manufactures and trades safety, firefighting equipment, and industrial products, and installs a Computerised Fire Alarm Monitoring System. Its segments include Fire services; Property development and construction; Renewable and waste-to-energy and green palm oil mill; HYPRO PVC-O pipes manufacturing and distribution and Investment holding. Its geographical segments include Malaysia and Singapore, of which a majority of the revenue is generated within Malaysia.

Fitters Diversified Bhd (XKLS:9318) Headlines

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