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Renco Holdings Group (HKSE:02323) Debt-to-EBITDA : 11.29 (As of Jun. 2024)


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What is Renco Holdings Group Debt-to-EBITDA?

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

Renco Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$1,233.6 Mil. Renco Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$5.1 Mil. Renco Holdings Group's annualized EBITDA for the quarter that ended in Jun. 2024 was HK$109.7 Mil. Renco Holdings Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 11.29.

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

HKSE:02323' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.83   Med: -2.8   Max: 5.16
Current: -8.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of Renco Holdings Group was 5.16. The lowest was -8.83. And the median was -2.80.

HKSE:02323's Debt-to-EBITDA is ranked worse than
100% of 1712 companies
in the Hardware industry
Industry Median: 1.755 vs HKSE:02323: -8.83

Renco Holdings Group Debt-to-EBITDA Historical Data

The historical data trend for Renco Holdings 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.

Renco Holdings Group Debt-to-EBITDA Chart

Renco Holdings Group 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 -3.49 -1.20 -3.66 -3.18 -4.08

Renco Holdings Group Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -2.10 -4.45 -5.11 -3.12 11.29

Competitive Comparison of Renco Holdings Group's Debt-to-EBITDA

For the Electronic Components subindustry, Renco Holdings 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.


Renco Holdings Group's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Renco Holdings Group's Debt-to-EBITDA distribution charts can be found below:

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



Renco Holdings Group Debt-to-EBITDA Calculation

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

Renco Holdings Group'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
=(1215.315 + 3.257) / -298.73
=-4.08

Renco Holdings Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1233.619 + 5.068) / 109.732
=11.29

* 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 (Jun. 2024) EBITDA data.


Renco Holdings Group  (HKSE:02323) 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.


Renco Holdings Group Debt-to-EBITDA Related Terms

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


Renco Holdings Group Business Description

Traded in Other Exchanges
N/A
Address
89 Queensway, Unit 2707, Tower One, Lippo Centre, Hong Kong, HKG
Renco Holdings Group Ltd is an investment holding company. Along with its subsidiaries, it is engaged in the following business segments; the Manufacturing segment; and the Treasury investment and financial service segment. The company derives a majority of its revenue from the Manufacturing segment that manufactures and sells Printed Circuit Boards (PCBs). Geographically, its operations are spread across the PRC, Singapore, Germany, Poland, the United States of America, Korea, Japan, and other countries. Key revenue for the company is derived from the People's Republic of China.
Executives
Eternal Glory Holdings Limited 2101 Beneficial owner
Li Yongjun 2101 Beneficial owner
Liu Xinjun 2202 Interest of your spouse
Sun Mingwen 2201 Interest of corporation controlled by you
Youfu Investment Co., Ltd 2101 Beneficial owner
Zhisheng Enterprise Investment Co., Ltd. 2101 Beneficial owner
Zhu Yanbin 2201 Interest of corporation controlled by you

Renco Holdings Group Headlines

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