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EVA Precision Industrial Holdings (HKSE:00838) Debt-to-EBITDA : 5.61 (As of Dec. 2023)


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What is EVA Precision Industrial Holdings Debt-to-EBITDA?

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

EVA Precision Industrial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,164 Mil. EVA Precision Industrial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,381 Mil. EVA Precision Industrial Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$454 Mil. EVA Precision Industrial Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.61.

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

HKSE:00838' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.52   Med: 4.31   Max: 7.52
Current: 5.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of EVA Precision Industrial Holdings was 7.52. The lowest was 2.52. And the median was 4.31.

HKSE:00838's Debt-to-EBITDA is ranked worse than
83.45% of 2290 companies
in the Industrial Products industry
Industry Median: 1.72 vs HKSE:00838: 5.88

EVA Precision Industrial Holdings Debt-to-EBITDA Historical Data

The historical data trend for EVA Precision Industrial 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.

EVA Precision Industrial Holdings Debt-to-EBITDA Chart

EVA Precision Industrial 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 5.64 7.52 4.17 4.58 3.59

EVA Precision Industrial 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 8.41 8.70 8.08 6.55 5.61

Competitive Comparison of EVA Precision Industrial Holdings's Debt-to-EBITDA

For the Metal Fabrication subindustry, EVA Precision Industrial 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.


EVA Precision Industrial Holdings's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, EVA Precision Industrial Holdings's Debt-to-EBITDA distribution charts can be found below:

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



EVA Precision Industrial Holdings Debt-to-EBITDA Calculation

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

EVA Precision Industrial Holdings'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
=(1164.477 + 1380.508) / 708.984
=3.59

EVA Precision Industrial Holdings'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
=(1164.477 + 1380.508) / 453.89
=5.61

* 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.


EVA Precision Industrial Holdings  (HKSE:00838) 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.


EVA Precision Industrial Holdings Debt-to-EBITDA Related Terms

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


EVA Precision Industrial Holdings (HKSE:00838) Business Description

Traded in Other Exchanges
N/A
Address
Number 1 Science Museum Road, Unit 8, 6th Floor, Greenfield Tower, Concordia Plaza, Kowloon, Hong Kong, HKG
EVA Precision Industrial Holdings Ltd is an investment holding company. The Group is a vertically integrated precision manufacturing service provider. The Group's existing services include mainly i) design and fabrication of precision metal stamping and plastic injection moulds; ii) manufacturing of precision metal and plastic components by using tailor-made moulds and other sophisticated manufacturing processes; iii) lathing of metal components The company's operating segment includes Office automation equipment and Automotive components. It generates maximum revenue from the Office automation equipment segment. Geographically, it derives a majority of revenue from The People's Republic of China.
Executives
Shen Chan Jie Lin 2202 Interest of your spouse
Zhang Hwo Jie 2101 Beneficial owner
Jiang Lu 2202 Interest of your spouse
Zhang Yaohua 2101 Beneficial owner
Prosper Empire Limited 2101 Beneficial owner

EVA Precision Industrial Holdings (HKSE:00838) Headlines

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