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Tse Sui Luen Jewellery (International) (HKSE:00417) Debt-to-EBITDA : 10.61 (As of Sep. 2023)


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What is Tse Sui Luen Jewellery (International) Debt-to-EBITDA?

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

Tse Sui Luen Jewellery (International)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$703 Mil. Tse Sui Luen Jewellery (International)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$608 Mil. Tse Sui Luen Jewellery (International)'s annualized EBITDA for the quarter that ended in Sep. 2023 was HK$124 Mil. Tse Sui Luen Jewellery (International)'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 10.61.

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 Tse Sui Luen Jewellery (International)'s Debt-to-EBITDA or its related term are showing as below:

HKSE:00417' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.26   Med: 4.64   Max: 11.18
Current: 11.18

During the past 13 years, the highest Debt-to-EBITDA Ratio of Tse Sui Luen Jewellery (International) was 11.18. The lowest was 3.26. And the median was 4.64.

HKSE:00417's Debt-to-EBITDA is ranked worse than
88.48% of 842 companies
in the Retail - Cyclical industry
Industry Median: 2.685 vs HKSE:00417: 11.18

Tse Sui Luen Jewellery (International) Debt-to-EBITDA Historical Data

The historical data trend for Tse Sui Luen Jewellery (International)'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.

Tse Sui Luen Jewellery (International) Debt-to-EBITDA Chart

Tse Sui Luen Jewellery (International) Annual Data
Trend Feb13 Feb14 Feb15 Feb16 Feb17 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.99 4.88 4.41 4.31 7.89

Tse Sui Luen Jewellery (International) Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 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 4.57 4.06 5.56 11.97 10.61

Competitive Comparison of Tse Sui Luen Jewellery (International)'s Debt-to-EBITDA

For the Luxury Goods subindustry, Tse Sui Luen Jewellery (International)'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.


Tse Sui Luen Jewellery (International)'s Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Tse Sui Luen Jewellery (International)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tse Sui Luen Jewellery (International)'s Debt-to-EBITDA falls into.



Tse Sui Luen Jewellery (International) Debt-to-EBITDA Calculation

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

Tse Sui Luen Jewellery (International)'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
=(665.749 + 661.487) / 168.274
=7.89

Tse Sui Luen Jewellery (International)'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
=(702.708 + 608.385) / 123.552
=10.61

* 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.


Tse Sui Luen Jewellery (International)  (HKSE:00417) 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.


Tse Sui Luen Jewellery (International) Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Tse Sui Luen Jewellery (International)'s Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Tse Sui Luen Jewellery (International) (HKSE:00417) Business Description

Traded in Other Exchanges
N/A
Address
30 Man Yue Street, Ground Floor, Block B, Summit Building, Hunghom, Kowloon, Hong Kong, HKG
Tse Sui Luen Jewellery (International) Ltd is an investment holding company. It is engaged in the manufacture, sale, and marketing of jewelry products as well as the provision of service. The company's operating segment includes Retail Business, Wholesale Business, E-Business, and Other Businesses. It generates maximum revenue from the Retail Business segment which includes direct retail sales of jewellery products to end consumers through the physical outlets. The group derives revenue from the customers in Hong Kong and Macau, Mainland China and other countries.

Tse Sui Luen Jewellery (International) (HKSE:00417) Headlines

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