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Fourace Industries Group Holdings (HKSE:01455) Debt-to-EBITDA : 0.01 (As of Sep. 2023)


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What is Fourace Industries Group Holdings Debt-to-EBITDA?

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

Fourace Industries Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.2 Mil. Fourace Industries Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.1 Mil. Fourace Industries Group Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$47.3 Mil. Fourace Industries Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.01.

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

HKSE:01455' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.07
Current: 0.01

During the past 6 years, the highest Debt-to-EBITDA Ratio of Fourace Industries Group Holdings was 0.07. The lowest was 0.01. And the median was 0.03.

HKSE:01455's Debt-to-EBITDA is ranked better than
99.93% of 1437 companies
in the Consumer Packaged Goods industry
Industry Median: 2.14 vs HKSE:01455: 0.01

Fourace Industries Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for Fourace Industries Group 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.

Fourace Industries Group Holdings Debt-to-EBITDA Chart

Fourace Industries Group Holdings Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.02 0.07 0.04 0.01 -

Fourace Industries Group Holdings Semi-Annual Data
Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.03 0.01 - - 0.01

Competitive Comparison of Fourace Industries Group Holdings's Debt-to-EBITDA

For the Household & Personal Products subindustry, Fourace Industries Group 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.


Fourace Industries Group Holdings's Debt-to-EBITDA Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fourace Industries Group Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fourace Industries Group Holdings's Debt-to-EBITDA falls into.



Fourace Industries Group Holdings Debt-to-EBITDA Calculation

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

Fourace Industries Group Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / 89.584
=0.00

Fourace Industries Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.21 + 0.113) / 47.298
=0.01

* 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. 2023) EBITDA data.


Fourace Industries Group Holdings  (HKSE:01455) 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.


Fourace Industries Group Holdings Debt-to-EBITDA Related Terms

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


Fourace Industries Group Holdings (HKSE:01455) Business Description

Traded in Other Exchanges
N/A
Address
Unit No. 1107, 8 Kwai Cheong Road, 11th Floor, Manhattan Centre, Kwai Chung, New Territories, Hong Kong, HKG
Fourace Industries Group Holdings Ltd is engaged in the design, development, manufacturing, and trading of personal care and lifestyle electrical appliances on an ODM basis. The company's product portfolio offers a wide range of personal care electrical appliances, which can be broadly classified into three categories, namely, hair styling series, grooming series, and beauty care series. Geographically, the customers of the company are mainly international brand owners with products marketed mainly in the U.S., Japan, Europe, and Others. The company earns the majority of its revenue from Japan.
Executives
Ace Champion Inc. 2101 Beneficial owner
Chan Pan Pan 2202 Interest of your spouse
Forever Golden Inc. 2101 Beneficial owner
Li Shu Yeh 2201 Interest of corporation controlled by you
Loo Kin Kuen Stephen 2202 Interest of your spouse
Sit Hor Wan 2201 Interest of corporation controlled by you

Fourace Industries Group Holdings (HKSE:01455) Headlines

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