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Best Pacific International Holdings (HKSE:02111) Debt-to-EBITDA : 2.71 (As of Dec. 2023)


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What is Best Pacific International Holdings Debt-to-EBITDA?

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

Best Pacific International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,122 Mil. Best Pacific International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$527 Mil. Best Pacific International Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$609 Mil. Best Pacific International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.71.

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 Best Pacific International Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:02111' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.87   Med: 2.45   Max: 3.41
Current: 3.29

During the past 11 years, the highest Debt-to-EBITDA Ratio of Best Pacific International Holdings was 3.41. The lowest was 0.87. And the median was 2.45.

HKSE:02111's Debt-to-EBITDA is ranked worse than
55.43% of 819 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 2.78 vs HKSE:02111: 3.29

Best Pacific International Holdings Debt-to-EBITDA Historical Data

The historical data trend for Best Pacific International 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.

Best Pacific International Holdings Debt-to-EBITDA Chart

Best Pacific International Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.24 3.41 2.64 2.91 1.87

Best Pacific International Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.94 5.22 6.42 4.78 2.71

Competitive Comparison of Best Pacific International Holdings's Debt-to-EBITDA

For the Textile Manufacturing subindustry, Best Pacific International 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.


Best Pacific International Holdings's Debt-to-EBITDA Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Best Pacific International Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Best Pacific International Holdings's Debt-to-EBITDA falls into.



Best Pacific International Holdings Debt-to-EBITDA Calculation

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

Best Pacific International Holdings'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
=(1121.973 + 527.18) / 883.584
=1.87

Best Pacific International Holdings'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
=(1121.973 + 527.18) / 608.89
=2.71

* 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.


Best Pacific International Holdings  (HKSE:02111) 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.


Best Pacific International Holdings Debt-to-EBITDA Related Terms

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


Best Pacific International Holdings (HKSE:02111) Business Description

Traded in Other Exchanges
Address
Xinsha Port Industrial Park, Machong Town, Dongguan, CHN
Best Pacific International Holdings Ltd is a textile manufacturing company. The company, along with its subsidiaries, is a lingerie materials manufacturer that provides one-stop solutions through its comprehensive product line of both lingerie materials and sportswear materials. Its segments are the Manufacturing and trading of elastic fabric and lace and the Manufacturing and trading of elastic webbing. Manufacturing and trading of elastic fabric and lace segments derive maximum revenue for the company. The company's operations are spread across Hong Kong and the People's Republic of China.
Executives
Fil Limited 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Zhang Haitao 2202 Interest of your spouse
Zheng Tingting 2101 Beneficial owner
Fmr Llc 2201 Interest of corporation controlled by you
Mega Brilliant Enterprises Limited 2101 Beneficial owner
Fidelity Puritan Trust 2101 Beneficial owner
Lu Yuguang

Best Pacific International Holdings (HKSE:02111) Headlines

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