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EuroEyes International Eye Clinic (HKSE:01846) Debt-to-EBITDA : 1.72 (As of Dec. 2023)


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What is EuroEyes International Eye Clinic Debt-to-EBITDA?

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

EuroEyes International Eye Clinic's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$70.7 Mil. EuroEyes International Eye Clinic's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$313.5 Mil. EuroEyes International Eye Clinic's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$223.3 Mil. EuroEyes International Eye Clinic's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.72.

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 EuroEyes International Eye Clinic's Debt-to-EBITDA or its related term are showing as below:

HKSE:01846' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.8   Med: 1.36   Max: 2.45
Current: 1.79

During the past 8 years, the highest Debt-to-EBITDA Ratio of EuroEyes International Eye Clinic was 2.45. The lowest was 0.80. And the median was 1.36.

HKSE:01846's Debt-to-EBITDA is ranked better than
59.16% of 431 companies
in the Healthcare Providers & Services industry
Industry Median: 2.55 vs HKSE:01846: 1.79

EuroEyes International Eye Clinic Debt-to-EBITDA Historical Data

The historical data trend for EuroEyes International Eye Clinic'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.

EuroEyes International Eye Clinic Debt-to-EBITDA Chart

EuroEyes International Eye Clinic Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 2.45 1.39 0.80 1.34 1.34

EuroEyes International Eye Clinic Semi-Annual Data
Dec16 Dec17 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 1.00 1.91 2.10 1.77 1.72

Competitive Comparison of EuroEyes International Eye Clinic's Debt-to-EBITDA

For the Medical Care Facilities subindustry, EuroEyes International Eye Clinic'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.


EuroEyes International Eye Clinic's Debt-to-EBITDA Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, EuroEyes International Eye Clinic's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where EuroEyes International Eye Clinic's Debt-to-EBITDA falls into.



EuroEyes International Eye Clinic Debt-to-EBITDA Calculation

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

EuroEyes International Eye Clinic'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
=(70.742 + 313.52) / 287.663
=1.34

EuroEyes International Eye Clinic'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
=(70.742 + 313.52) / 223.322
=1.72

* 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.


EuroEyes International Eye Clinic  (HKSE:01846) 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.


EuroEyes International Eye Clinic Debt-to-EBITDA Related Terms

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


EuroEyes International Eye Clinic (HKSE:01846) Business Description

Traded in Other Exchanges
N/A
Address
Valentinskamp 90, Hamburg, DEU, 20355
EuroEyes International Eye Clinic Ltd is a laser eye surgery clinic. The firm's operating segments are the Provision of vision correction services, sales of pharmaceutical products, and Rental of ophthalmic equipment and operating spaces, Rendering of training service and Interest income. Its geographical segments are Germany, China, Denmark and UK. The Group's services include treatment of myopia, treatment of high myopia, treatment of presbyopia, and treatment of cataracts. The company generates a majority of its revenue from the provision of correction services in Germany.
Executives
Jørgensen Jørn Slot 2101 Beneficial owner
Jørgensen Susanne 2202 Interest of your spouse
Jørgensen Jørn Slot 2101 Beneficial owner
Jørgensen Susanne 2202 Interest of your spouse

EuroEyes International Eye Clinic (HKSE:01846) Headlines

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