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New Focus Auto Tech Holdings (HKSE:00360) Debt-to-EBITDA : -2.29 (As of Dec. 2023)


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What is New Focus Auto Tech Holdings Debt-to-EBITDA?

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

New Focus Auto Tech Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$250.5 Mil. New Focus Auto Tech Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$87.5 Mil. New Focus Auto Tech Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-147.8 Mil. New Focus Auto Tech Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -2.29.

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 New Focus Auto Tech Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00360' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -122.15   Med: -5.92   Max: 6.9
Current: -5.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of New Focus Auto Tech Holdings was 6.90. The lowest was -122.15. And the median was -5.92.

HKSE:00360's Debt-to-EBITDA is ranked worse than
100% of 1051 companies
in the Vehicles & Parts industry
Industry Median: 2.38 vs HKSE:00360: -5.29

New Focus Auto Tech Holdings Debt-to-EBITDA Historical Data

The historical data trend for New Focus Auto Tech 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.

New Focus Auto Tech Holdings Debt-to-EBITDA Chart

New Focus Auto Tech Holdings 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 -11.00 -1.23 -8.70 -122.15 -6.47

New Focus Auto Tech 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 -4.34 -80.12 -14.05 15.04 -2.29

Competitive Comparison of New Focus Auto Tech Holdings's Debt-to-EBITDA

For the Auto Parts subindustry, New Focus Auto Tech 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.


New Focus Auto Tech Holdings's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, New Focus Auto Tech Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where New Focus Auto Tech Holdings's Debt-to-EBITDA falls into.



New Focus Auto Tech Holdings Debt-to-EBITDA Calculation

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

New Focus Auto Tech Holdings'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
=(250.51 + 87.468) / -52.265
=-6.47

New Focus Auto Tech 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
=(250.51 + 87.468) / -147.798
=-2.29

* 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.


New Focus Auto Tech Holdings  (HKSE:00360) 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.


New Focus Auto Tech Holdings Debt-to-EBITDA Related Terms

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


New Focus Auto Tech Holdings (HKSE:00360) Business Description

Traded in Other Exchanges
Address
180 Hennessy Road, 5th Floor, Wan Chai, Hong Kong, HKG
New Focus Auto Tech Holdings Ltd is an investment holding company and its subsidiaries are principally engaged in the manufacture and sale of electronic and power-related automotive parts and accessories and operating the 4S dealership stores and related business. Its segments include Manufacturing and trading Business and Automobile Dealership and Service Business. The firm generates a majority of its revenue from the Manufacturing Business segment engaged in the manufacture and sale of automobile accessories. Geographically, the company operates in America, Europe, Asia Pacific, and the People's Republic of China.

New Focus Auto Tech Holdings (HKSE:00360) Headlines

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