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Kingston Financial Group (HKSE:01031) Debt-to-EBITDA : 23.01 (As of Sep. 2022)


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What is Kingston Financial Group Debt-to-EBITDA?

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

Kingston Financial Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was HK$4,623 Mil. Kingston Financial Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was HK$38 Mil. Kingston Financial Group's annualized EBITDA for the quarter that ended in Sep. 2022 was HK$203 Mil. Kingston Financial Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was 23.01.

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 Kingston Financial Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:01031's Debt-to-EBITDA is not ranked *
in the Capital Markets industry.
Industry Median: 1.3
* Ranked among companies with meaningful Debt-to-EBITDA only.

Kingston Financial Group Debt-to-EBITDA Historical Data

The historical data trend for Kingston Financial 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.

Kingston Financial Group Debt-to-EBITDA Chart

Kingston Financial Group Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.53 5.24 9.92 13.75 15.47

Kingston Financial Group Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22
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 5.02 41.28 11.37 12.68 23.01

Competitive Comparison of Kingston Financial Group's Debt-to-EBITDA

For the Capital Markets subindustry, Kingston Financial 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.


Kingston Financial Group's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Kingston Financial Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kingston Financial Group's Debt-to-EBITDA falls into.



Kingston Financial Group Debt-to-EBITDA Calculation

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

Kingston Financial Group's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4739.222 + 52.12) / 309.705
=15.47

Kingston Financial Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(4622.769 + 38.301) / 202.54
=23.01

* 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. 2022) EBITDA data.


Kingston Financial Group  (HKSE:01031) 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.


Kingston Financial Group Debt-to-EBITDA Related Terms

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


Kingston Financial Group (HKSE:01031) Business Description

Traded in Other Exchanges
N/A
Address
99 Queen’s Road Central, 72th Floor, Central, Hong Kong, HKG
Kingston Financial Group Ltd is a financial services company operating primarily in Hong Kong and Macau. It provides a wide range of solutions, including securities brokerages, underwriting, and placements, margin and initial public offering financing, corporate finance advisory services, futures brokerages, and asset management services. The Group also provides gaming and hospitality services in Macau. Business activities for the group include undertaking the origination, structuring, and marketing of placements of equity and debt securities. Most of the company's diverse revenue mix comes increasingly from margin and IPO financing and secondarily from its security brokerage, underwriting, and placements segment.
Executives
Active Dynamic Limited 2101 Beneficial owner
Chu Yuet Wah

Kingston Financial Group (HKSE:01031) Headlines

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