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Oriental Watch Holdings (HKSE:00398) Debt-to-EBITDA : 0.55 (As of Sep. 2023)


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What is Oriental Watch Holdings Debt-to-EBITDA?

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

Oriental Watch Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$111 Mil. Oriental Watch Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$132 Mil. Oriental Watch Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$444 Mil. Oriental Watch Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.55.

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 Oriental Watch Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00398' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.35   Med: 0.87   Max: 8.18
Current: 0.53

During the past 13 years, the highest Debt-to-EBITDA Ratio of Oriental Watch Holdings was 8.18. The lowest was 0.35. And the median was 0.87.

HKSE:00398's Debt-to-EBITDA is ranked better than
88.36% of 842 companies
in the Retail - Cyclical industry
Industry Median: 2.685 vs HKSE:00398: 0.53

Oriental Watch Holdings Debt-to-EBITDA Historical Data

The historical data trend for Oriental Watch 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.

Oriental Watch Holdings Debt-to-EBITDA Chart

Oriental Watch Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 1.02 0.73 0.68 0.56

Oriental Watch Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.85 0.86 0.95 0.75 0.55

Competitive Comparison of Oriental Watch Holdings's Debt-to-EBITDA

For the Luxury Goods subindustry, Oriental Watch 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.


Oriental Watch Holdings's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Oriental Watch Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Oriental Watch Holdings's Debt-to-EBITDA falls into.



Oriental Watch Holdings Debt-to-EBITDA Calculation

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

Oriental Watch Holdings'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
=(121.724 + 230.397) / 634.943
=0.55

Oriental Watch Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(110.856 + 132.28) / 443.83
=0.55

* 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 (Sep. 2023) EBITDA data.


Oriental Watch Holdings  (HKSE:00398) 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.


Oriental Watch Holdings Debt-to-EBITDA Related Terms

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


Oriental Watch Holdings (HKSE:00398) Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, Wing On Centre, 19th Floor, Hong Kong, HKG
Oriental Watch Holdings Ltd is an investment holding company. Along with its subsidiaries, the company is engaged in the sales of watches. It operates in Hong Kong, the PRC, Macau, and Taiwan, of which a majority of revenue is generated from the PRC. The group sells its products through retail stores under the brand name Rolex, Tudor, Piaget, Vacheron Constantin, Audemars Piguet, IWC, Jaeger-LeCoultre, Girard Perregaux, Longines, and Omega, among others.

Oriental Watch Holdings (HKSE:00398) Headlines

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