Top Education Group (HKSE:01752) Debt-to-EBITDA : 1.58 (As of Dec. 2023)

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What is Top Education Group Debt-to-EBITDA?

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

Top Education Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$11.1 Mil. Top Education Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$59.4 Mil. Top Education Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$44.6 Mil. Top Education Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.58.

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

HKSE:01752' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.69 Med: 2.31 Max: 3.86
Current: 1.45

During the past 9 years, the highest Debt-to-EBITDA Ratio of Top Education Group was 3.86. The lowest was 0.69. And the median was 2.31.

HKSE:01752's Debt-to-EBITDA is ranked better than
56.59% of 182 companies
in the Education industry
Industry Median: 1.695 vs HKSE:01752: 1.45

Top Education Group Debt-to-EBITDA Historical Data

The historical data trend for Top Education 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.

Top Education Group Debt-to-EBITDA Chart

Top Education Group Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-EBITDA

Get a 7-Day Free Trial

0.69

2.75

3.86

1.87

Top Education Group Semi-Annual Data
	Jun15	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial											4.10	3.66	2.81	1.45	1.58

Competitive Comparison of Top Education Group's Debt-to-EBITDA

For the Education & Training Services subindustry, Top Education 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.

Top Education Group's Debt-to-EBITDA Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Top Education Group's Debt-to-EBITDA distribution charts can be found below:

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

Top Education Group Debt-to-EBITDA Calculation

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

Top Education Group's Debt-to-EBITDA for the fiscal year 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
	=	(11.187	+	65.25)	/	40.805
	=	1.87

Top Education Group'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
	=	(11.124	+	59.436)	/	44.59
	=	1.58

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.

Top Education Group (HKSE:01752) 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.

Top Education Group Debt-to-EBITDA Related Terms

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

Top Education Group (HKSE:01752) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Top Education Group Ltd (HKSE:01752) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Central Avenue, Suite 1, Biomedical Building, Australian Technology Park, Eveleigh, Sydney, NSW, AUS, 2015

Website

https://www.top.edu.au

Top Education Group Ltd offers the provision of private higher education services and English language courses in Australia. The company offers Undergraduate and Postgraduate level degrees in business and accounting areas. Geographically, it operates within Australia. The company generates all of its revenue from Australia.

Executives

Hang Jian Ying	2201 Interest of corporation controlled by you
Lu Qiu Wen	2201 Interest of corporation controlled by you
Yang Qingquan	2101 Beneficial owner
Lee Amen Kwai Ping	2101 Beneficial owner
Chen Shuling	2202 Interest of your spouse
Zhao Long Ji Tuan Kong Gu You Xian Gong Si	2101 Beneficial owner
Huang Xing Shi	2103 Interests held jointly with another person
Lam Josephine Kam Shan	2202 Interest of your spouse
Tristar United Investment Limited	2103 Interests held jointly with another person
Zhu Minshen	2103 Interests held jointly with another person
Liu Zhuo	2202 Interest of your spouse
Wang Xin	2103 Interests held jointly with another person
Xin Jiang Guo Li Min Sheng Gu Quan Tou Zi You Xian Gong Si	2101 Beneficial owner
Pricewaterhousecoopers
Loyal Creation Investment Limited	2101 Beneficial owner

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