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Asia Television Holdings (HKSE:00707) Debt-to-EBITDA : 13.39 (As of Jun. 2023)


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What is Asia Television Holdings Debt-to-EBITDA?

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

Asia Television Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$401.3 Mil. Asia Television Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$4.3 Mil. Asia Television Holdings's annualized EBITDA for the quarter that ended in Jun. 2023 was HK$30.3 Mil. Asia Television Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 13.39.

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

HKSE:00707' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.62   Med: -1.15   Max: 8.74
Current: -3.62

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asia Television Holdings was 8.74. The lowest was -3.62. And the median was -1.15.

HKSE:00707's Debt-to-EBITDA is ranked worse than
100% of 819 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.78 vs HKSE:00707: -3.62

Asia Television Holdings Debt-to-EBITDA Historical Data

The historical data trend for Asia Television 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.

Asia Television Holdings Debt-to-EBITDA Chart

Asia Television 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 -1.09 -3.45 -1.20 -2.78 -3.62

Asia Television 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 -0.53 -3.75 -2.41 13.39 -1.59

Competitive Comparison of Asia Television Holdings's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Asia Television 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.


Asia Television Holdings's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

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

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



Asia Television Holdings Debt-to-EBITDA Calculation

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

Asia Television 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
=(378.536 + 5.942) / -138.469
=-2.78

Asia Television 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
=(401.338 + 4.257) / 30.294
=13.39

* 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. 2023) EBITDA data.


Asia Television Holdings  (HKSE:00707) 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 Television Holdings Debt-to-EBITDA Related Terms

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


Asia Television Holdings (HKSE:00707) Business Description

Traded in Other Exchanges
N/A
Address
14 Science Museum Road, Room 903, 9th Floor, Tower A, New Mandarin Plaza, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Asia Television Holdings Ltd is an investment holding company. The company has six reportable operating segments: Processing, printing, and sales of finished fabrics and subcontracting services in the PRC; Trading of fabrics and clothing; Money lending; Securities investment; Media, cultural and entertainment; and Securities brokerage services and margin finance. The company generates a vast majority of its revenue from processing, printing, and sales of finished fabrics and subcontracting services in the PRC. Geographically, it has sales in the PRC, Malaysia, and Hong Kong.
Executives
Oriental Textlie Products Limited 2101 Beneficial owner
Liu Minbin 2101 Beneficial owner
Deng Jun Jie 2101 Beneficial owner
Build Rise Capital Group Limited 2201 Interest of corporation controlled by you
China Special Economic Zone Development Limited 2101 Beneficial owner
Ma Fai 2201 Interest of corporation controlled by you
Honghu Capital Co. Ltd. 2101 Beneficial owner
Forward Fund Spc - Leader Sp 2101 Beneficial owner
Kkc Capital Limited 2102 Investment manager
Kkc Capital Spc - Kkc Capital High Growth Fund Segregated Portfolio 2101 Beneficial owner

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