Minerva Group Holding (HKSE:00397) Debt-to-EBITDA : -0.17 (As of Dec. 2023)

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What is Minerva Group Holding Debt-to-EBITDA?

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

Minerva Group Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$23.31 Mil. Minerva Group Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Minerva Group Holding's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-137.45 Mil. Minerva Group Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.17.

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

HKSE:00397' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.82 Med: -0.16 Max: 0.16
Current: -0.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Minerva Group Holding was 0.16. The lowest was -3.82. And the median was -0.16.

HKSE:00397's Debt-to-EBITDA is ranked worse than
100% of 124 companies
in the Diversified Financial Services industry
Industry Median: 5.345 vs HKSE:00397: -0.22

Minerva Group Holding Debt-to-EBITDA Historical Data

The historical data trend for Minerva Group Holding'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.

Minerva Group Holding Debt-to-EBITDA Chart

Minerva Group Holding Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.42

0.16

0.02

-0.16

-0.23

Minerva Group Holding 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															-0.10	-0.85	-0.08	-0.33	-0.17

Competitive Comparison of Minerva Group Holding's Debt-to-EBITDA

For the Financial Conglomerates subindustry, Minerva Group Holding'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.

Minerva Group Holding's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Minerva Group Holding's Debt-to-EBITDA distribution charts can be found below:

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

Minerva Group Holding Debt-to-EBITDA Calculation

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

Minerva Group Holding'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
	=	(23.308	+	0)	/	-103.571
	=	-0.23

Minerva Group Holding'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
	=	(23.308	+	0)	/	-137.446
	=	-0.17

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.

Minerva Group Holding (HKSE:00397) 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.

Minerva Group Holding Debt-to-EBITDA Related Terms

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

Minerva Group Holding (HKSE:00397) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Minerva Group Holding Ltd (HKSE:00397) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

16 Harcourt Road, Unit 1804A, 18th floor, Far East Finance Centre, Hong Kong, HKG

Website

http://www.powerfinancial.com.hk

Minerva Group Holding Ltd Formerly Power Financial Group Ltd is principally engaged in the financial services business, money lending business, and asset investment, t. The company operates through four segments Financial Services segment provides financial services including securities brokerage, placing, and corporate finance advisory services in Hong Kong; the Money Lending segment provides loan financing in Hong Kong; and Assets investment segment that invests in debt securities earning fixed interest income, as well as investments in listed and unlisted equity securities and investment funds earning variable returns and gains. It derives the majority of its revenue from the Money lending segment. It derives revenue from Hong Kong.

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