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Future World Holdings (Future World Holdings) Debt-to-EBITDA : -2.43 (As of Dec. 2023)


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What is Future World Holdings Debt-to-EBITDA?

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

Future World Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $46.93 Mil. Future World Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.44 Mil. Future World Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $-21.59 Mil. Future World Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -2.43.

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

CNWFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1572.29   Med: -4.03   Max: 264.69
Current: -3.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Future World Holdings was 264.69. The lowest was -1572.29. And the median was -4.03.

CNWFF's Debt-to-EBITDA is ranked worse than
100% of 426 companies
in the Capital Markets industry
Industry Median: 1.31 vs CNWFF: -3.11

Future World Holdings Debt-to-EBITDA Historical Data

The historical data trend for Future World 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.

Future World Holdings Debt-to-EBITDA Chart

Future World Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.64 -1,590.58 264.59 -84.15 -3.18

Future World Holdings Semi-Annual Data
Jun14 Dec14 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 -17.01 -265.01 -37.87 -4.38 -2.43

Competitive Comparison of Future World Holdings's Debt-to-EBITDA

For the Capital Markets subindustry, Future World 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.


Future World Holdings's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Future World Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Future World Holdings Debt-to-EBITDA Calculation

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

Future World Holdings'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
=(46.928 + 5.443) / -16.479
=-3.18

Future World Holdings'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
=(46.928 + 5.443) / -21.592
=-2.43

* 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.


Future World Holdings  (GREY:CNWFF) 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.


Future World Holdings Debt-to-EBITDA Related Terms

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


Future World Holdings (Future World Holdings) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, Room 2601-2604 and 2637-2640, 26th Floor, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Future World Holdings Ltd is an investment holding company. The company and its subsidiaries are principally engaged in the businesses of High technology business; Property investment; Provision of financing services; Securities trading and investment and Trading business and related service. Majority of revenue is derived from Provision of financing services segment. The group's operations are located in Hong Kong and the PRC, of which key revenue is derived from Hong Kong.

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