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Hybrid Kinetic Group (HKSE:01188) Debt-to-EBITDA : -6.04 (As of Jun. 2023)


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What is Hybrid Kinetic Group Debt-to-EBITDA?

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

Hybrid Kinetic Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$115.44 Mil. Hybrid Kinetic Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.21 Mil. Hybrid Kinetic Group's annualized EBITDA for the quarter that ended in Jun. 2023 was HK$-19.16 Mil. Hybrid Kinetic Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -6.04.

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

HKSE:01188' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.66   Med: -0.13   Max: 0
Current: -4.66

HKSE:01188's Debt-to-EBITDA is ranked worse than
100% of 1051 companies
in the Vehicles & Parts industry
Industry Median: 2.4 vs HKSE:01188: -4.66

Hybrid Kinetic Group Debt-to-EBITDA Historical Data

The historical data trend for Hybrid Kinetic Group'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.

Hybrid Kinetic Group Debt-to-EBITDA Chart

Hybrid Kinetic Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -1.26 -2.33 -0.19 -4.66

Hybrid Kinetic Group 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 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 -1.74 -4.24 -0.10 -6.04 -4.14

Competitive Comparison of Hybrid Kinetic Group's Debt-to-EBITDA

For the Auto Parts subindustry, Hybrid Kinetic Group'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.


Hybrid Kinetic Group's Debt-to-EBITDA Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Hybrid Kinetic Group's Debt-to-EBITDA distribution charts can be found below:

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



Hybrid Kinetic Group Debt-to-EBITDA Calculation

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

Hybrid Kinetic Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(115.749 + 0.843) / -619.67
=-0.19

Hybrid Kinetic Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(115.443 + 0.213) / -19.156
=-6.04

* 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 (Jun. 2023) EBITDA data.


Hybrid Kinetic Group  (HKSE:01188) 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.


Hybrid Kinetic Group Debt-to-EBITDA Related Terms

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


Hybrid Kinetic Group (HKSE:01188) Business Description

Traded in Other Exchanges
Address
199 Des Voeux Road Central, Unit 1002, 10th Floor, Infinitus Plaza, Hong Kong, HKG
Hybrid Kinetic Group Ltd is a manufacturer of electric motor vehicles and new-energy automobile components. The group designs develop and manufacture zero-emission electric motor vehicles. The company comprises three reportable segments: High-Tech Electric Motor Vehicles, Battery Management Systems and Spare Parts and Advanced Batteries Materials. Most of its revenue is derived from the Battery Management Systems and Spare Parts segment.

Hybrid Kinetic Group (HKSE:01188) Headlines

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