NOVA Group Holdings (HKSE:01360) Debt-to-EBITDA : -5.25 (As of Dec. 2023)

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What is NOVA Group Holdings Debt-to-EBITDA?

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

NOVA Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$51.64 Mil. NOVA Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. NOVA Group Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-9.84 Mil. NOVA Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -5.25.

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

HKSE:01360' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.39 Med: 0.51 Max: 1.52
Current: -0.3

During the past 11 years, the highest Debt-to-EBITDA Ratio of NOVA Group Holdings was 1.52. The lowest was -0.39. And the median was 0.51.

HKSE:01360's Debt-to-EBITDA is not ranked
in the Business Services industry.
Industry Median: 1.83 vs HKSE:01360: -0.30

NOVA Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for NOVA Group 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.

NOVA Group Holdings Debt-to-EBITDA Chart

NOVA Group Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

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1.52

1.19

1.00

-0.39

-0.09

NOVA Group Holdings 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															-1.71	-0.21	-0.07	-0.13	-5.25

Competitive Comparison of NOVA Group Holdings's Debt-to-EBITDA

For the Specialty Business Services subindustry, NOVA Group 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.

NOVA Group Holdings's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, NOVA Group Holdings's Debt-to-EBITDA distribution charts can be found below:

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

NOVA Group Holdings Debt-to-EBITDA Calculation

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

NOVA Group Holdings's Debt-to-EBITDA for the fiscal year 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
	=	(45.061	+	0)	/	-484.554
	=	-0.09

NOVA Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(51.639	+	0)	/	-9.84
	=	-5.25

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 (Dec. 2023) EBITDA data.

NOVA Group Holdings (HKSE:01360) 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.

NOVA Group Holdings Debt-to-EBITDA Related Terms

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

NOVA Group Holdings (HKSE:01360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » NOVA Group Holdings Ltd (HKSE:01360) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Tower One, Lippo Centre, 89 Queensway, Room 2102, 21th Floor, Hong Kong, HKG

Website

http://www.novahldg.com

NOVA Group Holdings Ltd is an investment holding company. It is organized into two segments. Cultural and entertainment include the operation of cultural and entertainment comprehensive services the platform, including brand management, solution and consulting services, contracting services and entertainment solution, trading of goods, artist agency services, and product promotion services; Financing includes the provision of money lending, finance leasing, and credit factoring services. It generates a vast majority of its revenues from the Financing segment in the PRC followed by Hong Kong.

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