ETS Group (HKSE:08031) Debt-to-EBITDA : -0.01 (As of Dec. 2023)

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What is ETS Group Debt-to-EBITDA?

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

ETS Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.27 Mil. ETS Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.26 Mil. ETS Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-52.26 Mil. ETS Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.01.

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

HKSE:08031' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.77 Med: 0.28 Max: 1.07
Current: -0.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of ETS Group was 1.07. The lowest was -2.77. And the median was 0.28.

HKSE:08031's Debt-to-EBITDA is ranked worse than
100% of 824 companies
in the Business Services industry
Industry Median: 1.92 vs HKSE:08031: -0.11

ETS Group Debt-to-EBITDA Historical Data

The historical data trend for ETS 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.

ETS Group Debt-to-EBITDA Chart

ETS Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.49

0.82

-1.15

-2.77

-0.11

ETS Group Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.27	-	1.31	-	-0.01

Competitive Comparison of ETS Group's Debt-to-EBITDA

For the Staffing & Employment Services subindustry, ETS 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.

ETS Group's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ETS Group's Debt-to-EBITDA distribution charts can be found below:

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

ETS Group Debt-to-EBITDA Calculation

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

ETS 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
	=	(0.274	+	0.262)	/	-4.888
	=	-0.11

ETS Group'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
	=	(0.274	+	0.262)	/	-52.264
	=	-0.01

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 four times the quarterly (Dec. 2023) EBITDA data.

ETS Group (HKSE:08031) 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.

ETS Group Debt-to-EBITDA Related Terms

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

ETS Group (HKSE:08031) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ETS Group Ltd (HKSE:08031) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1163 Canton Road, 4th Floor, China Paint Building, Mongkok, Kowloon, HKG

Website

http://www.etsgroup.com.hk

ETS Group Ltd is engaged in the business of providing comprehensive multi-media contact services and contact center systems. It has its services in six operating segments: Outsourcing inbound contact service, Outsourcing outbound contact service, Staff insourcing service, Contact service centre & service centre facilities management service, Financial services, and others segment. Key revenue is earned from Staff insourcing services.

Executives

Pine Care Group Limited	2201 Interest of corporation controlled by you
Pine Care Titanium Limited	2101 Beneficial owner
Chime Corporation Limited	2201 Interest of corporation controlled by you
Jong Yat Kit (in The Capacity As The Receiver)	2304 Executor or administrator
Wong Tak Wai	2304 Executor or administrator
Tang Yiu Sing	2304 Executor or administrator
Tang Yiu Man Raymond	2304 Executor or administrator

ETS Group (HKSE:08031) Headlines

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