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Hong Kong Technology Venture Co (Hong Kong Technology Venture Co) Debt-to-EBITDA : 1.50 (As of Dec. 2023)


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What is Hong Kong Technology Venture Co Debt-to-EBITDA?

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

Hong Kong Technology Venture Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $19.4 Mil. Hong Kong Technology Venture Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $41.2 Mil. Hong Kong Technology Venture Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $40.3 Mil. Hong Kong Technology Venture Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.50.

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 Hong Kong Technology Venture Co's Debt-to-EBITDA or its related term are showing as below:

HKTVY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.59   Med: -0.49   Max: 1.97
Current: 1.33

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hong Kong Technology Venture Co was 1.97. The lowest was -5.59. And the median was -0.49.

HKTVY's Debt-to-EBITDA is ranked better than
74.29% of 840 companies
in the Retail - Cyclical industry
Industry Median: 2.63 vs HKTVY: 1.33

Hong Kong Technology Venture Co Debt-to-EBITDA Historical Data

The historical data trend for Hong Kong Technology Venture Co'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.

Hong Kong Technology Venture Co Debt-to-EBITDA Chart

Hong Kong Technology Venture Co Annual Data
Trend Aug14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.59 0.75 1.97 1.38 1.33

Hong Kong Technology Venture Co Semi-Annual Data
Feb14 Aug14 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 4.94 1.14 1.44 1.36 1.50

Competitive Comparison of Hong Kong Technology Venture Co's Debt-to-EBITDA

For the Internet Retail subindustry, Hong Kong Technology Venture Co'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.


Hong Kong Technology Venture Co's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Hong Kong Technology Venture Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hong Kong Technology Venture Co's Debt-to-EBITDA falls into.



Hong Kong Technology Venture Co Debt-to-EBITDA Calculation

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

Hong Kong Technology Venture Co's Debt-to-EBITDA for the fiscal year 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
=(19.38 + 41.16) / 45.684
=1.33

Hong Kong Technology Venture Co'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
=(19.38 + 41.16) / 40.31
=1.50

* 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 (Dec. 2023) EBITDA data.


Hong Kong Technology Venture Co  (OTCPK:HKTVY) 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.


Hong Kong Technology Venture Co Debt-to-EBITDA Related Terms

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


Hong Kong Technology Venture Co (Hong Kong Technology Venture Co) Business Description

Traded in Other Exchanges
Address
No. 1 Chun Cheong Street, HKTV Multimedia and Ecommerce Centre, Tseung Kwan O Industrial Estate, New Territories, Hong Kong, HKG
Hong Kong Technology Venture Co Ltd, formerly Hong Kong Television Network Ltd, is an investment holding company principally engaged in the provision of multimedia business. The Company engages in the provision of multimedia production and contents distribution as well as operating a 24-hour e-Shopping Mall, providing a one-stop shop platform including online shopping, delivery service and customer experience. The Company also involves in the provision of technology on an integrated end-to-end eCommerce solution including hardware and software systems as a service aiming to enable traditional supermarkets or retailers locally and globally to enter into digital retailing.