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ABLV (Able View Global) Debt-to-EBITDA : 0.45 (As of Dec. 2023)


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What is Able View Global Debt-to-EBITDA?

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

Able View Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $3.6 Mil. Able View Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.0 Mil. Able View Global's annualized EBITDA for the quarter that ended in Dec. 2023 was $10.3 Mil. Able View Global's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.45.

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 Able View Global's Debt-to-EBITDA or its related term are showing as below:

ABLV' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.32   Med: 0.4   Max: 1.54
Current: 0.37

During the past 4 years, the highest Debt-to-EBITDA Ratio of Able View Global was 1.54. The lowest was 0.32. And the median was 0.40.

ABLV's Debt-to-EBITDA is ranked better than
78.27% of 658 companies
in the Media - Diversified industry
Industry Median: 1.645 vs ABLV: 0.37

Able View Global Debt-to-EBITDA Historical Data

The historical data trend for Able View Global'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.

Able View Global Debt-to-EBITDA Chart

Able View Global Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.45 0.32 1.54 0.35

Able View Global Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial 0.28 1.37 1.62 0.82 0.45

Competitive Comparison of Able View Global's Debt-to-EBITDA

For the Advertising Agencies subindustry, Able View Global'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.

Able View Global's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Able View Global's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Able View Global's Debt-to-EBITDA falls into.


Able View Global Debt-to-EBITDA Calculation

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

Able View Global'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
=(3.646 + 1.004) / 13.414
=0.35

Able View Global'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
=(3.646 + 1.004) / 10.326
=0.45

* 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.

Able View Global  (NAS:ABLV) 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.

Able View Global Debt-to-EBITDA Related Terms

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

Able View Global Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Able View Global Inc (NAS:ABLV) » Definitions » Debt-to-EBITDA
Comparable Companies
XNET TZOO ADTH STCN MCHX EZOO WIMI FLNT TSQ DRCT XPAR:PUB OMC SZSE:002027 IPG LSE:WPP TSE:4324 XPAR:DEC TSE:2433 ZD TSE:4751
Traded in Other Exchanges
N/A
Address
No. 168, Middle Xizang Road, Floor 16, Dushi Headquarters Building, Shanghai, CHN, 200001
Website
https://www.ableview.com
Able View Global Inc operates as a brand management partner of international beauty and personal care brands in China. It provides full-service solutions covering marketing plan, branding, digital and social marketing, omni-channel sales, customer service, overseas logistics, warehouse, and fulfillment. The firm generates revenue from product sales by distributing and selling cross-border products from various brand owners to Chinese consumers.