Speedy Global Holdings (HKSE:00540) Debt-to-EBITDA : 54.67 (As of Jun. 2023)

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What is Speedy Global Holdings Debt-to-EBITDA?

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

Speedy Global Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$141.5 Mil. Speedy Global Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.0 Mil. Speedy Global Holdings's annualized EBITDA for the quarter that ended in Jun. 2023 was HK$2.6 Mil. Speedy Global Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 54.67.

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

HKSE:00540' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.96 Med: 1.93 Max: 53.24
Current: 53.24

During the past 13 years, the highest Debt-to-EBITDA Ratio of Speedy Global Holdings was 53.24. The lowest was -17.96. And the median was 1.93.

HKSE:00540's Debt-to-EBITDA is ranked worse than
98.26% of 805 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.84 vs HKSE:00540: 53.24

Speedy Global Holdings Debt-to-EBITDA Historical Data

The historical data trend for Speedy Global 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.

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Speedy Global Holdings Debt-to-EBITDA Chart

Speedy Global Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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1.53

-1.14

-17.96

-17.26

53.24

Speedy Global 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															-10.76	-3.02	-10.54	54.67	92.48

Competitive Comparison of Speedy Global Holdings's Debt-to-EBITDA

For the Apparel Manufacturing subindustry, Speedy Global 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.

Speedy Global Holdings's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Speedy Global Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Speedy Global Holdings Debt-to-EBITDA Calculation

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

Speedy Global Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(153.917	+	0.331)	/	-8.936
	=	-17.26

Speedy Global Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(141.476	+	0)	/	2.588
	=	54.67

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 (Jun. 2023) EBITDA data.

Speedy Global Holdings (HKSE:00540) 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.

Speedy Global Holdings Debt-to-EBITDA Related Terms

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

Speedy Global Holdings (HKSE:00540) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Speedy Global Holdings Ltd (HKSE:00540) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 27 Huailin Road, 5th Floor , Block Two, Huaide Village, Humen Town, Dongguan, CHN

Website

http://www.speedy-global.com

Speedy Global Holdings Ltd is engaged in the apparel supply chain servicing business which offers a wide range of woven wear, cut-and-sewn knitwear, and sweater knitwear products to a number of owners or agents of global reputable brands, the group had also been engaged in the apparel retail business operating in the People's Republic of China, and the property investment and development business. Its segments include the Apparel supply chain servicing business, Apparel retail business, and Property investment and Development business. The majority of revenue is derived from the Apparel supply chain servicing business. The group's revenue is mainly derived from customers located in China (including Hong Kong and the PRC).

Speedy Global Holdings (HKSE:00540) Headlines

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