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Metaspacex (HKSE:01796) Debt-to-EBITDA : -3.49 (As of Sep. 2024)


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What is Metaspacex Debt-to-EBITDA?

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

Metaspacex's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$31.5 Mil. Metaspacex's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$22.0 Mil. Metaspacex's annualized EBITDA for the quarter that ended in Sep. 2024 was HK$-15.4 Mil. Metaspacex's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -3.49.

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

HKSE:01796' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -30.5   Med: 0.52   Max: 19.3
Current: -6.05

During the past 9 years, the highest Debt-to-EBITDA Ratio of Metaspacex was 19.30. The lowest was -30.50. And the median was 0.52.

HKSE:01796's Debt-to-EBITDA is ranked worse than
100% of 1354 companies
in the Construction industry
Industry Median: 2.32 vs HKSE:01796: -6.05

Metaspacex Debt-to-EBITDA Historical Data

The historical data trend for Metaspacex'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.

Metaspacex Debt-to-EBITDA Chart

Metaspacex Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only -14.18 -1.60 -30.50 -4.14 19.30

Metaspacex Semi-Annual Data
Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 -11.94 -2.24 9.58 -20.85 -3.49

Competitive Comparison of Metaspacex's Debt-to-EBITDA

For the Building Products & Equipment subindustry, Metaspacex'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.


Metaspacex's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Metaspacex's Debt-to-EBITDA distribution charts can be found below:

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



Metaspacex Debt-to-EBITDA Calculation

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

Metaspacex's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(48.902 + 0.046) / 2.536
=19.30

Metaspacex's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(31.543 + 22.019) / -15.35
=-3.49

* 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. 2024) EBITDA data.


Metaspacex  (HKSE:01796) 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.


Metaspacex Debt-to-EBITDA Related Terms

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


Metaspacex Business Description

Traded in Other Exchanges
N/A
Address
No. 9 Hoi Shing Road, Unit 3, 32/F, Cable TV Tower, Tsuen Wan, New Territoties, Hong Kong, HKG
Metaspacex Ltd formerly Yield Go Holdings Ltd is an investment holding company. The company through its subsidiaries is engaged in fitting out services and supply of fitting out materials. The fitting-out works of the company are conducted on new buildings and interior renovation works on existing buildings that involve upgrades, makeovers, and demolition of existing works for residential and commercial properties in Hong Kong.
Executives
Tse Shiu Hoi 2201 Interest of corporation controlled by you
Tse's Finance Limited 2106 Person having a security interest in shares
Huang Hou 2201 Interest of corporation controlled by you
Ultra Accord Limited 2106 Person having a security interest in shares
Chu Chui Ling 2106 Person having a security interest in shares
Yuan Feng Ventures Limited 2101 Beneficial owner
Chen Yidong 2201 Interest of corporation controlled by you
Hoi Lang Holdings Ltd. 2106 Person having a security interest in shares
Master Success International Investment Limited 2101 Beneficial owner
Man Hoi Yuen 2201 Interest of corporation controlled by you
Ng Yuen Chun 2202 Interest of your spouse

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