K Cash (HKSE:02483) Debt-to-EBITDA : 7.58 (As of Dec. 2024)

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What is K Cash Debt-to-EBITDA?

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

K Cash's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$141.8 Mil. K Cash's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was HK$372.9 Mil. K Cash's annualized EBITDA for the quarter that ended in Dec. 2024 was HK$67.9 Mil. K Cash's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 7.58.

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

HKSE:02483' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.96 Med: 3.36 Max: 6.81
Current: 6.81

During the past 5 years, the highest Debt-to-EBITDA Ratio of K Cash was 6.81. The lowest was 2.96. And the median was 3.36.

HKSE:02483's Debt-to-EBITDA is ranked better than
56.41% of 273 companies
in the Credit Services industry
Industry Median: 8.45 vs HKSE:02483: 6.81

K Cash Debt-to-EBITDA Historical Data

The historical data trend for K Cash'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.

K Cash Debt-to-EBITDA Chart

K Cash Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-EBITDA

2.96

3.36

3.31

4.39

5.78

K Cash Semi-Annual Data
	Dec20	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-	5.36	4.43	7.58

Competitive Comparison of K Cash's Debt-to-EBITDA

For the Credit Services subindustry, K Cash'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.

K Cash's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, K Cash's Debt-to-EBITDA distribution charts can be found below:

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

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K Cash Debt-to-EBITDA Calculation

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

K Cash's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(141.805	+	372.876)	/	88.984
	=	5.78

K Cash's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(141.805	+	372.876)	/	67.912
	=	7.58

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. 2024) EBITDA data.

K Cash (HKSE:02483) 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.

K Cash Debt-to-EBITDA Related Terms

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

K Cash Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » K Cash Corp Ltd (HKSE:02483) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

20 Pedder Street, 17/F, Wheelock House, Central, Hong Kong, HKG

Website

https://www.kcash.hk

K Cash Corp Ltd is engaged in the money lending business of providing secured and unsecured loan financings to both individuals and corporations in Hong Kong. It provides unsecured loan financing to HOS Property Owners, SMEs, and individuals.

Executives

East Asia International Trustees Limited	2301 Trustee
Konew Fintech Corporation Limited	2101 Beneficial owner
Konew Group Limited	2201 Interest of corporation controlled by you
Lee Edwin Kan Hing	2201 Interest of corporation controlled by you
Lee Kun Tai Steven	2201 Interest of corporation controlled by you
Lee Pik Tsong	2201 Interest of corporation controlled by you
Lee Sheung Shing	2201 Interest of corporation controlled by you
Sw Lee Limited	2201 Interest of corporation controlled by you
World Wealth Investment Development Limited	2201 Interest of corporation controlled by you

K Cash Headlines

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