GURUFOCUS.COM » STOCK LIST » Technology » Software » Maiyue Technology Ltd (HKSE:02501) » Definitions » Debt-to-EBITDA

Maiyue Technology (HKSE:02501) Debt-to-EBITDA : 2.00 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Maiyue Technology Debt-to-EBITDA?

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

Maiyue Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$149.6 Mil. Maiyue Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$52.3 Mil. Maiyue Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$100.8 Mil. Maiyue Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.00.

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 Maiyue Technology's Debt-to-EBITDA or its related term are showing as below:

HKSE:02501' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.75   Med: 1.97   Max: 4.01
Current: 4.01

During the past 4 years, the highest Debt-to-EBITDA Ratio of Maiyue Technology was 4.01. The lowest was 1.75. And the median was 1.97.

HKSE:02501's Debt-to-EBITDA is ranked worse than
81.7% of 1645 companies
in the Software industry
Industry Median: 1.07 vs HKSE:02501: 4.01

Maiyue Technology Debt-to-EBITDA Historical Data

The historical data trend for Maiyue Technology'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.

Maiyue Technology Debt-to-EBITDA Chart

Maiyue Technology Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
1.78 1.75 2.16 4.01

Maiyue Technology Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA 0.89 0.87 1.08 2.00

Competitive Comparison of Maiyue Technology's Debt-to-EBITDA

For the Information Technology Services subindustry, Maiyue Technology'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.


Maiyue Technology's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Maiyue Technology's Debt-to-EBITDA distribution charts can be found below:

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



Maiyue Technology Debt-to-EBITDA Calculation

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

Maiyue Technology'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
=(149.645 + 52.295) / 50.397
=4.01

Maiyue Technology'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
=(149.645 + 52.295) / 100.794
=2.00

* 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.


Maiyue Technology  (HKSE:02501) 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.


Maiyue Technology Debt-to-EBITDA Related Terms

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


Maiyue Technology Business Description

Traded in Other Exchanges
N/A
Address
9 Gehai Road, Room 806, 8th Floor, Office Area, Block B, East Tower, Guangxi, Guangxi Sports Centre Supporting Project Complex, Nanning, CHN
Maiyue Technology Ltd is an integrated IT solutions services provider in the education and government IT solutions markets in Guangxi. It primarily focuses on the provision of customized integrated IT solutions services to customers in the education sector, primarily offline formal public education institutions, for the purpose of digitalized campus development. It aims to utilize technologies in its products and services to assist education institutions in opening up and connecting different departments, functions and facilities of campus in a single platform, realizing the integration and utilization of data from multiple sources, which improves the overall campus experience and effectiveness of teaching and learning.
Executives
Chan Eong Liat Jason 2201 Interest of corporation controlled by you
Deep Blue Ocean Electronics Technology Limited 2101 Beneficial owner
Deng Caidie 2201 Interest of corporation controlled by you
He Deling 2202 Interest of your spouse
Kong Xiaoyan 2202 Interest of your spouse
Li Changqing 2201 Interest of corporation controlled by you
Wang Yufei 2201 Interest of corporation controlled by you
Xu Tao 2202 Interest of your spouse
Yang Zihan 2202 Interest of your spouse
Zhang Guangbai 2201 Interest of corporation controlled by you
Canwest Profits Limited 2101 Beneficial owner
Ng Ling Ling 2202 Interest of your spouse
Koh Lik Ching 2202 Interest of your spouse
Million Oak Limited 2101 Beneficial owner
Ye Shanmin 2201 Interest of corporation controlled by you

Maiyue Technology Headlines

No Headlines