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High Fashion International (HKSE:00608) Debt-to-EBITDA : 8.90 (As of Jun. 2024)


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What is High Fashion International Debt-to-EBITDA?

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

High Fashion International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$1,062 Mil. High Fashion International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$875 Mil. High Fashion International's annualized EBITDA for the quarter that ended in Jun. 2024 was HK$218 Mil. High Fashion International's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 8.90.

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 High Fashion International's Debt-to-EBITDA or its related term are showing as below:

HKSE:00608' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.28   Med: 7.57   Max: 12.27
Current: 8.65

During the past 13 years, the highest Debt-to-EBITDA Ratio of High Fashion International was 12.27. The lowest was 5.28. And the median was 7.57.

HKSE:00608's Debt-to-EBITDA is ranked worse than
86.17% of 810 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.575 vs HKSE:00608: 8.65

High Fashion International Debt-to-EBITDA Historical Data

The historical data trend for High Fashion International'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.

High Fashion International Debt-to-EBITDA Chart

High Fashion International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.96 5.87 5.28 7.41 8.65

High Fashion International Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 5.64 9.21 6.43 8.90 10.44

Competitive Comparison of High Fashion International's Debt-to-EBITDA

For the Apparel Manufacturing subindustry, High Fashion International'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.


High Fashion International's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

* The bar in red indicates where High Fashion International's Debt-to-EBITDA falls into.


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High Fashion International Debt-to-EBITDA Calculation

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

High Fashion International'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
=(904.156 + 747.404) / 222.951
=7.41

High Fashion International's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1062.389 + 874.832) / 217.604
=8.90

* 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 (Jun. 2024) EBITDA data.


High Fashion International  (HKSE:00608) 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.


High Fashion International Debt-to-EBITDA Related Terms

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


High Fashion International Business Description

Traded in Other Exchanges
N/A
Address
1-11 Kwai Hei Street, Kwai Chung, 11th Floor, High Fashion Centre, New Territories, Hong Kong, HKG
High Fashion International Ltd is an investment holding company. The company's operating segments include the Manufacturing and trading of garments; and Property investment and development. The company generates maximum revenue from the Manufacturing and trading of garments segment and geographically from China. The company operates in the United States, China, Europe, and Other countries.
Executives
Lam Foo Wah 2307 Founder of a discretionary trust who can infl
High Fashion Charitable Foundation Limited 2101 Beneficial owner
Leung Shuk Bing 2202 Interest of your spouse
Hinton Company Limited 2101 Beneficial owner

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