AMTD (AMTD IDEA Group) Debt-to-EBITDA : 0.98 (As of Dec. 2023)

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What is AMTD IDEA Group Debt-to-EBITDA?

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

AMTD IDEA Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $66.2 Mil. AMTD IDEA Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30.4 Mil. AMTD IDEA Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $98.7 Mil. AMTD IDEA Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.98.

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

AMTD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.12 Med: 0.41 Max: 0.58
Current: 0.58

During the past 8 years, the highest Debt-to-EBITDA Ratio of AMTD IDEA Group was 0.58. The lowest was 0.12. And the median was 0.41.

AMTD's Debt-to-EBITDA is ranked better than
63.92% of 352 companies
in the Asset Management industry
Industry Median: 1.41 vs AMTD: 0.58

AMTD IDEA Group Debt-to-EBITDA Historical Data

The historical data trend for AMTD IDEA Group'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.

AMTD IDEA Group Debt-to-EBITDA Chart

AMTD IDEA Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.41

0.33

0.37

0.12

0.57

AMTD IDEA Group Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial								0.39	0.09	0.16	0.41	0.98

Competitive Comparison of AMTD IDEA Group's Debt-to-EBITDA

For the Asset Management subindustry, AMTD IDEA Group'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.

AMTD IDEA Group's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, AMTD IDEA Group's Debt-to-EBITDA distribution charts can be found below:

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

AMTD IDEA Group Debt-to-EBITDA Calculation

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

AMTD IDEA Group'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
	=	(66.175	+	30.373)	/	168.519
	=	0.57

AMTD IDEA Group'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
	=	(66.175	+	30.373)	/	98.67
	=	0.98

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.

AMTD IDEA Group (NYSE:AMTD) 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.

AMTD IDEA Group Debt-to-EBITDA Related Terms

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

AMTD IDEA Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » AMTD IDEA Group (NYSE:AMTD) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

66 rue Jean-Jacques, Rousseau, Paris, FRA, 75001

Website

https://www.amtdinc.com

AMTD IDEA Group is a financial institution operating in five business segments: The capital market solutions segment assists customers in raising funds through equity and debt financing, private placements, and debt issuances. The digital solutions and other services segment provides institutional and corporate clients with paid access to enhance investor communication and relations, corporate communication also provides digital financial solution services. The Media and entertainment segment offers print and digital advertising campaigns, licensing, and marketing services including branded content, video production. The hotel operations, hospitality, and VIP services segment engages in hotel investments, hotel operations, hospitality, and VIP services; and Strategic investment segment.