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Sunwah Kingsway Capital Holdings (HKSE:00188) Debt-to-EBITDA : -1.14 (As of Dec. 2023)


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What is Sunwah Kingsway Capital Holdings Debt-to-EBITDA?

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

Sunwah Kingsway Capital Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$60.57 Mil. Sunwah Kingsway Capital Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.31 Mil. Sunwah Kingsway Capital Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-53.52 Mil. Sunwah Kingsway Capital Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.14.

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 Sunwah Kingsway Capital Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00188' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.6   Med: 0.14   Max: 3.75
Current: -1.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sunwah Kingsway Capital Holdings was 3.75. The lowest was -3.60. And the median was 0.14.

HKSE:00188's Debt-to-EBITDA is ranked worse than
100% of 416 companies
in the Capital Markets industry
Industry Median: 1.5 vs HKSE:00188: -1.08

Sunwah Kingsway Capital Holdings Debt-to-EBITDA Historical Data

The historical data trend for Sunwah Kingsway Capital Holdings'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.

Sunwah Kingsway Capital Holdings Debt-to-EBITDA Chart

Sunwah Kingsway Capital Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.32 -3.60 2.75 -1.75 -1.21

Sunwah Kingsway Capital Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -1.42 -1.08 -0.79 -1.28 -1.14

Competitive Comparison of Sunwah Kingsway Capital Holdings's Debt-to-EBITDA

For the Capital Markets subindustry, Sunwah Kingsway Capital Holdings'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.


Sunwah Kingsway Capital Holdings's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Sunwah Kingsway Capital Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sunwah Kingsway Capital Holdings's Debt-to-EBITDA falls into.



Sunwah Kingsway Capital Holdings Debt-to-EBITDA Calculation

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

Sunwah Kingsway Capital Holdings's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(75.8 + 0.375) / -63.047
=-1.21

Sunwah Kingsway Capital Holdings'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
=(60.572 + 0.31) / -53.522
=-1.14

* 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 (Dec. 2023) EBITDA data.


Sunwah Kingsway Capital Holdings  (HKSE:00188) 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.


Sunwah Kingsway Capital Holdings Debt-to-EBITDA Related Terms

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


Sunwah Kingsway Capital Holdings (HKSE:00188) Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, 7th Floor, Tower One, Lippo Centre, Hong Kong, HKG
Sunwah Kingsway Capital Holdings Ltd is a financial services provider in Hong Kong. The company's segment includes Brokerage and financing; Corporate finance and capital markets; Asset management and others. It generates maximum revenue from the Brokerage and financing segment. The Brokerage and financing segment includes the provision of securities, options, funds, futures and commodities brokerage services, margin and other financing, factoring and other related services.
Executives
Choi Koon Ming 2101 Beneficial owner
Choi Koon Shum 2201 Interest of corporation controlled by you
Sunwah International Limited 2201 Interest of corporation controlled by you
World Developments Limited 2101 Beneficial owner
Sun Wah Capital Limited

Sunwah Kingsway Capital Holdings (HKSE:00188) Headlines

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