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Eminence Enterprise (HKSE:00616) Debt-to-EBITDA : -8.72 (As of Sep. 2023)


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What is Eminence Enterprise Debt-to-EBITDA?

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

Eminence Enterprise's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,134.24 Mil. Eminence Enterprise's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,056.56 Mil. Eminence Enterprise's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-251.39 Mil. Eminence Enterprise's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -8.71.

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 Eminence Enterprise's Debt-to-EBITDA or its related term are showing as below:

HKSE:00616' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -88.12   Med: 10.08   Max: 112.94
Current: -20.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eminence Enterprise was 112.94. The lowest was -88.12. And the median was 10.08.

HKSE:00616's Debt-to-EBITDA is ranked worse than
100% of 1248 companies
in the Real Estate industry
Industry Median: 5.99 vs HKSE:00616: -20.01

Eminence Enterprise Debt-to-EBITDA Historical Data

The historical data trend for Eminence Enterprise'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.

Eminence Enterprise Debt-to-EBITDA Chart

Eminence Enterprise 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 12.87 -8.72 -9.98 15.57 24.30

Eminence Enterprise 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 8.66 61.82 13.77 62.62 -8.72

Competitive Comparison of Eminence Enterprise's Debt-to-EBITDA

For the Real Estate Services subindustry, Eminence Enterprise'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.


Eminence Enterprise's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Eminence Enterprise's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Eminence Enterprise's Debt-to-EBITDA falls into.



Eminence Enterprise Debt-to-EBITDA Calculation

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

Eminence Enterprise'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
=(545.74 + 1487.388) / 83.654
=24.30

Eminence Enterprise'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
=(1134.243 + 1056.558) / -251.394
=-8.71

* 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.


Eminence Enterprise  (HKSE:00616) 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.


Eminence Enterprise Debt-to-EBITDA Related Terms

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


Eminence Enterprise (HKSE:00616) Business Description

Traded in Other Exchanges
N/A
Address
481-483 Castle Peak Road, Block A, 7th Floor Hong Kong Spinners Building, Phase 6, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Eminence Enterprise Ltd is principally engaged in property investment, property development, investment in securities and loan financing business segments. The company owns and invests in residential, commercial, and industrial properties. It is also involved sourcing and exporting garments, and holding and leasing residential and industrial investment properties. The firm generates its majority revenue from the Property investment segment.
Executives
Ng Wang Chun Joseph 2101 Beneficial owner
Magical Profits Limited 2201 Interest of corporation controlled by you
Chang Ping Kwan 2101 Beneficial owner
Or Victor 2101 Beneficial owner
Chan Lo Chiu Angus 2101 Beneficial owner
Chu Nin Yiu, Stephen 2101 Beneficial owner
Markson International Holding Limited 2201 Interest of corporation controlled by you
Hooper Ivan Geoffrey Douglas 2201 Interest of corporation controlled by you
Easyknit International Holdings Limited 2201 Interest of corporation controlled by you
Accumulate More Profits Limited 2201 Interest of corporation controlled by you
Goodco Development Limited 2101 Beneficial owner
Easyknit Properties Holdings Limited 2201 Interest of corporation controlled by you
Winterbotham Holdings Limited 2201 Interest of corporation controlled by you
The Winterbotham Trust Company Limited As Trustee Of The Magical 2000 Trust 2201 Interest of corporation controlled by you
Hooper Christopher Geoffrey Douglas 2201 Interest of corporation controlled by you

Eminence Enterprise (HKSE:00616) Headlines

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