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Raymond Industrial (HKSE:00229) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Raymond Industrial Debt-to-EBITDA?

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

Raymond Industrial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. Raymond Industrial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. Raymond Industrial's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$95 Mil. Raymond Industrial's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Raymond Industrial's Debt-to-EBITDA or its related term are showing as below:

HKSE:00229's Debt-to-EBITDA is not ranked *
in the Furnishings, Fixtures & Appliances industry.
Industry Median: 1.985
* Ranked among companies with meaningful Debt-to-EBITDA only.

Raymond Industrial Debt-to-EBITDA Historical Data

The historical data trend for Raymond Industrial'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.

Raymond Industrial Debt-to-EBITDA Chart

Raymond Industrial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
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Raymond Industrial Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Raymond Industrial's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, Raymond Industrial'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.


Raymond Industrial's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Raymond Industrial's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Raymond Industrial's Debt-to-EBITDA falls into.



Raymond Industrial Debt-to-EBITDA Calculation

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

Raymond Industrial'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
=(0 + 0) / 80.902
=0.00

Raymond Industrial'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
=(0 + 0) / 94.724
=0.00

* 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.


Raymond Industrial  (HKSE:00229) 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.


Raymond Industrial Debt-to-EBITDA Related Terms

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


Raymond Industrial (HKSE:00229) Business Description

Traded in Other Exchanges
N/A
Address
8 On Ping Street, Rooms 1801-1813, 18th Floor, Grandtech Centre, Shatin, New Territories, Hong Kong, HKG
Raymond Industrial Ltd is engaged in the manufacture and sale of electrical home appliances. The company's geographical segment includes Japan, the United States, and the People's Republic of China (PRC), Europe, Asia (excluding Japan and the PRC) and Rest of the world. The PRC segment is involved in the manufacture of electrical household appliances. The Rest of the world segment covers sales of electrical home appliances to customers in Australia, Canada, South America and Africa. Its product categories comprise Environmental products, Battery, Health and personal care, Kitchen products and other small and medium-sized electrical household appliances.
Executives
Wong Ying Man John 2101 Beneficial owner
Webb David Michael 2101 Beneficial owner
Diamond-harvest Limited 2101 Beneficial owner
Wong Kin Lae Wilson 2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Gong Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bing Qi Zhuang Bei Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you
Zhong Guo Bei Fang Gong Ye You Xian Gong Si 2201 Interest of corporation controlled by you
An Li Shi Ye You Xian Gong Si 2101 Beneficial owner
Sun Kwing Hai Amelia 2202 Interest of your spouse

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