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Daisho Microline Holdings (HKSE:00567) Debt-to-EBITDA : -0.12 (As of Sep. 2023)


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What is Daisho Microline Holdings Debt-to-EBITDA?

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

Daisho Microline Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.62 Mil. Daisho Microline Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.00 Mil. Daisho Microline Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-5.09 Mil. Daisho Microline Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.12.

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

HKSE:00567' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.49   Med: -2.21   Max: 6.67
Current: -0.1

During the past 13 years, the highest Debt-to-EBITDA Ratio of Daisho Microline Holdings was 6.67. The lowest was -14.49. And the median was -2.21.

HKSE:00567's Debt-to-EBITDA is ranked worse than
100% of 327 companies
in the Packaging & Containers industry
Industry Median: 2.55 vs HKSE:00567: -0.10

Daisho Microline Holdings Debt-to-EBITDA Historical Data

The historical data trend for Daisho Microline 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.

Daisho Microline Holdings Debt-to-EBITDA Chart

Daisho Microline 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 1.22 -1.16 -7.63 -0.65 -0.05

Daisho Microline 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 -3.01 -0.78 -0.03 -0.14 -0.12

Competitive Comparison of Daisho Microline Holdings's Debt-to-EBITDA

For the Packaging & Containers subindustry, Daisho Microline 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.


Daisho Microline Holdings's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Daisho Microline Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Daisho Microline Holdings Debt-to-EBITDA Calculation

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

Daisho Microline 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
=(0.748 + 0.237) / -19.962
=-0.05

Daisho Microline 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
=(0.616 + 0) / -5.088
=-0.12

* 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.


Daisho Microline Holdings  (HKSE:00567) 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.


Daisho Microline Holdings Debt-to-EBITDA Related Terms

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


Daisho Microline Holdings (HKSE:00567) Business Description

Traded in Other Exchanges
N/A
Address
33 Lee Chung Street, Unit A, 10th Floor, Fook Hing Industrial Building, Chai Wan, Hong Kong, HKG
Daisho Microline Holdings Ltd is an investment holding company. The company's segment includes the Manufacturing and trading of printed circuit boards; and the Manufacturing and trading of printing and packaging products. The company generates maximum revenue from the Manufacturing and trading of printing and packaging products segment.

Daisho Microline Holdings (HKSE:00567) Headlines

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