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Regina Miracle International (Holdings) (HKSE:02199) Debt-to-EBITDA : 7.24 (As of Sep. 2023)


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What is Regina Miracle International (Holdings) Debt-to-EBITDA?

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

Regina Miracle International (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$408 Mil. Regina Miracle International (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$3,786 Mil. Regina Miracle International (Holdings)'s annualized EBITDA for the quarter that ended in Sep. 2023 was HK$580 Mil. Regina Miracle International (Holdings)'s annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 7.24.

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 Regina Miracle International (Holdings)'s Debt-to-EBITDA or its related term are showing as below:

HKSE:02199' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.49   Med: 3.52   Max: 8.14
Current: 8.14

During the past 9 years, the highest Debt-to-EBITDA Ratio of Regina Miracle International (Holdings) was 8.14. The lowest was 1.49. And the median was 3.52.

HKSE:02199's Debt-to-EBITDA is ranked worse than
84.7% of 817 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.79 vs HKSE:02199: 8.14

Regina Miracle International (Holdings) Debt-to-EBITDA Historical Data

The historical data trend for Regina Miracle International (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.

Regina Miracle International (Holdings) Debt-to-EBITDA Chart

Regina Miracle International (Holdings) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 4.05 3.86 5.49 3.30 3.14

Regina Miracle International (Holdings) Semi-Annual Data
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 6.04 5.49 4.02 9.13 7.24

Competitive Comparison of Regina Miracle International (Holdings)'s Debt-to-EBITDA

For the Apparel Manufacturing subindustry, Regina Miracle International (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.


Regina Miracle International (Holdings)'s Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Regina Miracle International (Holdings)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Regina Miracle International (Holdings)'s Debt-to-EBITDA falls into.



Regina Miracle International (Holdings) Debt-to-EBITDA Calculation

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

Regina Miracle International (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
=(381.182 + 3737.801) / 1313.21
=3.14

Regina Miracle International (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
=(407.77 + 3785.871) / 579.5
=7.24

* 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.


Regina Miracle International (Holdings)  (HKSE:02199) 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.


Regina Miracle International (Holdings) Debt-to-EBITDA Related Terms

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


Regina Miracle International (Holdings) (HKSE:02199) Business Description

Traded in Other Exchanges
Address
63 Wo Yi Hop Road, 10th Floor, Tower A, Regent Centre, Kwai Chung, Hong Kong, HKG
Regina Miracle International (Holdings) Ltd is an investment holding company. The company's operating segment includes Intimate wear; Sports products; Consumer electronics components; Bra pads and molded products; Footwear and Fabric masks. The company generates maximum revenue from the Intimate wear segment which is engaged in the manufacturing and trading of bras, bra tops, panties, shapewear, and swimwear. Geographically, the company derives a majority of its revenue from the United States.
Executives
Regent Marvel Investment Holdings Limited 2101 Beneficial owner
Choy King Ngor 2202 Interest of your spouse
Hung Yau Lit 2201 Interest of corporation controlled by you
King Terrace Limited 2101 Beneficial owner
Hui Ching Lau 2201 Interest of corporation controlled by you
Yiheng Capital, Llc

Regina Miracle International (Holdings) (HKSE:02199) Headlines

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