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SKS Technologies Group (ASX:SKS) Debt-to-EBITDA : 0.69 (As of Jun. 2024)


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What is SKS Technologies Group Debt-to-EBITDA?

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

SKS Technologies Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$1.0 Mil. SKS Technologies Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$6.6 Mil. SKS Technologies Group's annualized EBITDA for the quarter that ended in Jun. 2024 was A$11.0 Mil. SKS Technologies Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.69.

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 SKS Technologies Group's Debt-to-EBITDA or its related term are showing as below:

ASX:SKS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.98   Med: 0.81   Max: 16.42
Current: 0.89

During the past 13 years, the highest Debt-to-EBITDA Ratio of SKS Technologies Group was 16.42. The lowest was -4.98. And the median was 0.81.

ASX:SKS's Debt-to-EBITDA is ranked better than
66.32% of 2295 companies
in the Industrial Products industry
Industry Median: 1.7 vs ASX:SKS: 0.89

SKS Technologies Group Debt-to-EBITDA Historical Data

The historical data trend for SKS Technologies Group'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.

SKS Technologies Group Debt-to-EBITDA Chart

SKS Technologies Group 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 -4.98 0.72 2.35 3.19 0.89

SKS Technologies Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 2.20 2.88 4.72 0.99 0.69

Competitive Comparison of SKS Technologies Group's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, SKS Technologies Group'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.


SKS Technologies Group's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SKS Technologies Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where SKS Technologies Group's Debt-to-EBITDA falls into.



SKS Technologies Group Debt-to-EBITDA Calculation

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

SKS Technologies Group'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
=(1.039 + 6.555) / 8.503
=0.89

SKS Technologies Group's annualized Debt-to-EBITDA for the quarter 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
=(1.039 + 6.555) / 11.022
=0.69

* 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 two times the quarterly (Jun. 2024) EBITDA data.


SKS Technologies Group  (ASX:SKS) 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.


SKS Technologies Group Debt-to-EBITDA Related Terms

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


SKS Technologies Group Business Description

Traded in Other Exchanges
N/A
Address
700 Spencer Street, Melbourne, VIC, AUS, 3003
SKS Technologies Group Ltd is engaged in the business of providing audiovisual products & solutions and electrical and communications cabling for the commercial, retail, health, defense, and education markets. It operates in audio-visual, communication, IT, and electrical markets as a reportable segment.

SKS Technologies Group Headlines

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