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AGBA Group Holding (AGBA Group Holding) Debt-to-EBITDA : -0.35 (As of Dec. 2023)


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What is AGBA Group Holding Debt-to-EBITDA?

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

AGBA Group Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8.03 Mil. AGBA Group Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10.65 Mil. AGBA Group Holding's annualized EBITDA for the quarter that ended in Dec. 2023 was $-53.58 Mil. AGBA Group Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.35.

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

AGBA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.65   Med: -0.39   Max: -0.1
Current: -0.39

During the past 4 years, the highest Debt-to-EBITDA Ratio of AGBA Group Holding was -0.10. The lowest was -8.65. And the median was -0.39.

AGBA's Debt-to-EBITDA is ranked worse than
100% of 415 companies
in the Capital Markets industry
Industry Median: 1.57 vs AGBA: -0.39

AGBA Group Holding Debt-to-EBITDA Historical Data

The historical data trend for AGBA Group Holding'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.

AGBA Group Holding Debt-to-EBITDA Chart

AGBA Group Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-8.65 - -0.10 -0.39

AGBA Group Holding Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.04 -0.13 -0.46 -0.38 -0.35

Competitive Comparison of AGBA Group Holding's Debt-to-EBITDA

For the Capital Markets subindustry, AGBA Group Holding'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.


AGBA Group Holding's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, AGBA Group Holding's Debt-to-EBITDA distribution charts can be found below:

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



AGBA Group Holding Debt-to-EBITDA Calculation

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

AGBA Group Holding'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
=(8.034 + 10.646) / -47.874
=-0.39

AGBA Group Holding'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
=(8.034 + 10.646) / -53.58
=-0.35

* 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 (Dec. 2023) EBITDA data.


AGBA Group Holding  (NAS:AGBA) 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.


AGBA Group Holding Debt-to-EBITDA Related Terms

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


AGBA Group Holding (AGBA Group Holding) Business Description

Traded in Other Exchanges
Address
68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG
AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with better financial, medical, and healthcare service options. The AGBA is a unique omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.
Executives
Yun Pun Wong director UNIT B, 11F, ON HING BUILDING, 1-9 ON HING TERRACE, CENTRAL HONG KONG F4 00000
Tag Holdings Ltd 10 percent owner TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Wong Suet Fai Almond director TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Wing Fai Ng director, officer: Chairman (PEO) and ED TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Richard Kong officer: Deputy CFO/Company Secretary TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Jeroen Nieuwkoop officer: Chief Strategy Officer TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Shu Pei Huang Desmond officer: Acting Group CFO (PFO) TRUST TOWER, 68 JOHNSTON ROAD, WAN CHAI K3 000000
Mizuho Securities Usa Llc 10 percent owner 1271 AVENUE OF THE AMERICAS, FLOORS - 2,3,4,18,19, NEW YORK NY 10020
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Eric Sc Lam director ROOM 1108, 11TH FLOOR, BLOCK B, NEW MANDARIN PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000
Gordon Kk Lee director, officer: Chief Executive Officer ROOM 1108, 11TH FLOOR, BLOCK B, NEW MANDARIN PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 100027
Vera Zl Tan director, officer: Chief Financial Officer ROOM 1108, 11TH FLOOR, BLOCKB, NEW MADISON PLZ, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 100027
Ng Thomas Kwok On director ROOM1108, 11FL, BLOCK B, NEW MANDARIN PL, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000
Chan Brian Chunhg Yau director ROOM1108, 11FL, BLOCK B, NEW MANDARIN PL, 14 SCIENCE MUSEUM RD, TSIMSHATSUI EAST, KOWLOON K3 00000