Plus Group Holdings (HKSE:02486) Debt-to-EBITDA : -5.79 (As of Jun. 2024)

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What is Plus Group Holdings Debt-to-EBITDA?

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

Plus Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$39.4 Mil. Plus Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$1.4 Mil. Plus Group Holdings's annualized EBITDA for the quarter that ended in Jun. 2024 was HK$-7.1 Mil. Plus Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -5.79.

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

HKSE:02486' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.36 Med: 0.7 Max: 2.17
Current: -2.36

During the past 4 years, the highest Debt-to-EBITDA Ratio of Plus Group Holdings was 2.17. The lowest was -2.36. And the median was 0.70.

HKSE:02486's Debt-to-EBITDA is ranked worse than
100% of 651 companies
in the Media - Diversified industry
Industry Median: 1.58 vs HKSE:02486: -2.36

Plus Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for Plus Group 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.

Plus Group Holdings Debt-to-EBITDA Chart

Plus Group Holdings Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.46

0.65

0.74

2.17

Plus Group Holdings Semi-Annual Data
	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial			-	1.13	0.44	-2.19	-5.79

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

For the Advertising Agencies subindustry, Plus Group 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.

Plus Group Holdings's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Plus Group Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Plus Group Holdings Debt-to-EBITDA Calculation

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

Plus Group 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
	=	(60.411	+	0.005)	/	27.895
	=	2.17

Plus Group Holdings'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
	=	(39.397	+	1.436)	/	-7.05
	=	-5.79

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.

Plus Group Holdings (HKSE:02486) 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.

Plus Group Holdings Debt-to-EBITDA Related Terms

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

Plus Group Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Plus Group Holdings Inc (HKSE:02486) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 652 Changshou Road, 2nd Floor–3rd Floor, Building 6, Putuo, Shanghai, CHN

Website

https://www.plscn.com

Plus Group Holdings Inc is an established digitalized sales and marketing service provider, primarily focusing on FMCG brand owners. Its services focus at digitalizing and systemizing offline commerce. The company offers four types of services, including Customised marketing solution, Tasks and marketers matching service, Marketers assignment service, and SaaS+ subscription. Its service network has extensive coverage in terms of the scale of customers, geographical locations and types of tasks. The majority of revenue is derived from the Customised marketing solution. The Customised marketing solution offers solution services for customized sales and marketing activities with the set up of offline venues and event materials.

Executives

Kuwei Holdings Limited	2101 Beneficial owner
Xia Jingtang	2201 Interest of corporation controlled by you
Yan Xiaohang	2202 Interest of your spouse
Sun Guangjun	2201 Interest of corporation controlled by you
Tan Hui	2202 Interest of your spouse
Trident Trust Company (hk) Limited	2301 Trustee
Guangjun Holdings Limited	2101 Beneficial owner
Summit Plus International Holding Limited	2201 Interest of corporation controlled by you
Guangjun Sun Holdings Limited	2101 Beneficial owner
Junshu Holdings Limited	2201 Interest of corporation controlled by you
Cmb Wing Lung (trustee) Limited	2301 Trustee
Plus Group 2023 Limited	2101 Beneficial owner
Hannah Xia Holdings Limited	2101 Beneficial owner
Jonson Xia Smile Family Holdings Limited	2201 Interest of corporation controlled by you

Plus Group Holdings Headlines

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