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Asia Standard Hotel Group (HKSE:00292) Debt-to-EBITDA : -15.68 (As of Sep. 2023)


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What is Asia Standard Hotel Group Debt-to-EBITDA?

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

Asia Standard Hotel Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,692.9 Mil. Asia Standard Hotel Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$4,222.8 Mil. Asia Standard Hotel Group's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-377.4 Mil. Asia Standard Hotel Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -15.68.

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 Asia Standard Hotel Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:00292' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -60.57   Med: 6.93   Max: 55.29
Current: -60.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asia Standard Hotel Group was 55.29. The lowest was -60.57. And the median was 6.93.

HKSE:00292's Debt-to-EBITDA is ranked worse than
100% of 362 companies
in the Asset Management industry
Industry Median: 1.3 vs HKSE:00292: -60.57

Asia Standard Hotel Group Debt-to-EBITDA Historical Data

The historical data trend for Asia Standard Hotel 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.

Asia Standard Hotel Group Debt-to-EBITDA Chart

Asia Standard Hotel Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.84 9.44 6.69 -12.09 55.29

Asia Standard Hotel Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -96.11 -6.44 239.62 31.84 -15.68

Competitive Comparison of Asia Standard Hotel Group's Debt-to-EBITDA

For the Asset Management subindustry, Asia Standard Hotel 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.


Asia Standard Hotel Group's Debt-to-EBITDA Distribution in the Asset Management Industry

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

* The bar in red indicates where Asia Standard Hotel Group's Debt-to-EBITDA falls into.



Asia Standard Hotel Group Debt-to-EBITDA Calculation

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

Asia Standard Hotel Group's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1148.466 + 4647.309) / 104.829
=55.29

Asia Standard Hotel Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1692.928 + 4222.779) / -377.392
=-15.68

* 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 (Sep. 2023) EBITDA data.


Asia Standard Hotel Group  (HKSE:00292) 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.


Asia Standard Hotel Group Debt-to-EBITDA Related Terms

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


Asia Standard Hotel Group (HKSE:00292) Business Description

Traded in Other Exchanges
N/A
Address
33 Lockhart Road, 30th Floor, YF Life Tower, Wanchai, Hong Kong, HKG
Asia Standard Hotel Group Ltd is a Hong Kong-based investment holding company principally engaged in hotel businesses. The segment in which the group operates includes Hotel Operation, Property development, Financial Investments, and Others. The hotel Operation segment of the company is engaged in hotel operations in Hong Kong and Canada; the Property development segment focuses on properties in Hong Kong and Canada; and the Financial Investments segment is engaged in the investment in financial instruments and earns maximum revenue for the company. The business activity of the company is operated in Hong Kong and Overseas.

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