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Eco-Tek Holdings (HKSE:08169) Debt-to-EBITDA : 0.99 (As of Oct. 2023)


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What is Eco-Tek Holdings Debt-to-EBITDA?

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

Eco-Tek Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$2.6 Mil. Eco-Tek Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$13.3 Mil. Eco-Tek Holdings's annualized EBITDA for the quarter that ended in Oct. 2023 was HK$16.0 Mil. Eco-Tek Holdings's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was 0.99.

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

HKSE:08169' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.73   Med: 1.32   Max: 3.14
Current: 1.66

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eco-Tek Holdings was 3.14. The lowest was 0.73. And the median was 1.32.

HKSE:08169's Debt-to-EBITDA is ranked better than
50.96% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs HKSE:08169: 1.66

Eco-Tek Holdings Debt-to-EBITDA Historical Data

The historical data trend for Eco-Tek 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.

Eco-Tek Holdings Debt-to-EBITDA Chart

Eco-Tek Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 0.97 0.93 1.27 0.98

Eco-Tek Holdings Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 13.14 - 2.04 - 0.99

Competitive Comparison of Eco-Tek Holdings's Debt-to-EBITDA

For the Pollution & Treatment Controls subindustry, Eco-Tek 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.


Eco-Tek Holdings's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Eco-Tek Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Eco-Tek Holdings Debt-to-EBITDA Calculation

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

Eco-Tek Holdings's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.575 + 13.276) / 16.262
=0.97

Eco-Tek Holdings's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.575 + 13.276) / 15.98
=0.99

* 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 four times the quarterly (Oct. 2023) EBITDA data.


Eco-Tek Holdings  (HKSE:08169) 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.


Eco-Tek Holdings Debt-to-EBITDA Related Terms

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


Eco-Tek Holdings (HKSE:08169) Business Description

Traded in Other Exchanges
N/A
Address
20 Westlands Road, Unit 2, 9/F, Westlands Centre, Quarry Bay, Hong Kong, HKG
Eco-Tek Holdings Ltd and its subsidiaries are principally involved in the marketing, sales, servicing, research, and development of environmental protection-related products and services. The company operates in two segments: Environment-friendly products and Water supply plants. The environment-friendly products segment, which accounts for the majority of revenue is into the sale of general & industrial environment-friendly products, components, and other related accessories. Its geographical segments are Hong Kong, PRC, and others, of which the vast majority of revenue comes from the PRC.
Executives
Pau Kwok Ping 2101 Beneficial owner
Crayne Company Limited 2101 Beneficial owner
Wide Sky Management Limited (formerly Known As Wide Sky Management (ptc) Limited) 2201 Interest of corporation controlled by you
Chiang Lily 2307 Founder of a discretionary trust who can infl
Virtue Trustees (switzerland) Ag 2301 Trustee

Eco-Tek Holdings (HKSE:08169) Headlines

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