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Huabang Technology Holdings (HKSE:03638) Debt-to-EBITDA : -2.40 (As of Sep. 2023)


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What is Huabang Technology Holdings Debt-to-EBITDA?

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

Huabang Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$165.1 Mil. Huabang Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6.3 Mil. Huabang Technology Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-71.3 Mil. Huabang Technology Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -2.40.

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

HKSE:03638' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.11   Med: 2.22   Max: 9.05
Current: -2.71

During the past 11 years, the highest Debt-to-EBITDA Ratio of Huabang Technology Holdings was 9.05. The lowest was -7.11. And the median was 2.22.

HKSE:03638's Debt-to-EBITDA is ranked worse than
100% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs HKSE:03638: -2.71

Huabang Technology Holdings Debt-to-EBITDA Historical Data

The historical data trend for Huabang Technology 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.

Huabang Technology Holdings Debt-to-EBITDA Chart

Huabang Technology Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.11 9.05 -4.07 -0.73 -2.06

Huabang Technology Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -2.30 -0.49 -1.11 -3.35 -2.40

Competitive Comparison of Huabang Technology Holdings's Debt-to-EBITDA

For the Computer Hardware subindustry, Huabang Technology 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.


Huabang Technology Holdings's Debt-to-EBITDA Distribution in the Hardware Industry

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

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



Huabang Technology Holdings Debt-to-EBITDA Calculation

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

Huabang Technology Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(176.629 + 7.943) / -89.606
=-2.06

Huabang Technology Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(165.073 + 6.277) / -71.27
=-2.40

* 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 (Sep. 2023) EBITDA data.


Huabang Technology Holdings  (HKSE:03638) 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.


Huabang Technology Holdings Debt-to-EBITDA Related Terms

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


Huabang Technology Holdings (HKSE:03638) Business Description

Traded in Other Exchanges
N/A
Address
39 Wang Chiu Road, 33rd Floor, Enterprise Square Three, Kowloon Bay, Kowloon, Hong Kong, HKG
Huabang Technology Holdings Ltd is an investment holding company. The operating segments of the company include the Trading segment (Computer and peripheral products business and electronics products), the Food trading business, and the Financial Services business (including securities brokerage business, advisory services business, and money lending business). The company generates maximum revenue from the Computer and peripheral products business segment.
Executives
Cheung Lit Wan Kenneth 2201 Interest of corporation controlled by you
Talent Virtue International Limited 2101 Beneficial owner
Forever Star Capital Limited 2101 Beneficial owner
Shen Wei 2201 Interest of corporation controlled by you
Luo Jian 2101 Beneficial owner
Lin Rui Ping 2101 Beneficial owner
Lu George 2202 Interest of your spouse
Xin Bang Jin Rong Ji Tuan You Xian Gong Si 2101 Beneficial owner
China Goldjoy Securities Limited

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