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CircuTech International Holdings (HKSE:08051) Debt-to-EBITDA : 0.09 (As of Dec. 2023)


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What is CircuTech International Holdings Debt-to-EBITDA?

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

CircuTech International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.7 Mil. CircuTech International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.1 Mil. CircuTech International Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$9.2 Mil. CircuTech International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.09.

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

HKSE:08051' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.08   Med: 0.1   Max: 0.31
Current: 0.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of CircuTech International Holdings was 0.31. The lowest was 0.08. And the median was 0.10.

HKSE:08051's Debt-to-EBITDA is ranked better than
92.89% of 830 companies
in the Business Services industry
Industry Median: 1.835 vs HKSE:08051: 0.11

CircuTech International Holdings Debt-to-EBITDA Historical Data

The historical data trend for CircuTech International 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.

CircuTech International Holdings Debt-to-EBITDA Chart

CircuTech International Holdings Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.08 0.10 0.31 0.09

CircuTech International Holdings 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 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 -1.37 - 0.19 - 0.09

Competitive Comparison of CircuTech International Holdings's Debt-to-EBITDA

For the Security & Protection Services subindustry, CircuTech International 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.


CircuTech International Holdings's Debt-to-EBITDA Distribution in the Business Services Industry

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

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



CircuTech International Holdings Debt-to-EBITDA Calculation

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

CircuTech International 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
=(0.733 + 0.1) / 9.511
=0.09

CircuTech International Holdings'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
=(0.733 + 0.1) / 9.216
=0.09

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


CircuTech International Holdings  (HKSE:08051) 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.


CircuTech International Holdings Debt-to-EBITDA Related Terms

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


CircuTech International Holdings (HKSE:08051) Business Description

Traded in Other Exchanges
N/A
Address
1 Matheson Street, Causeway Bay, 31th Floor, Tower Two, Times Square, Hong Kong, HKG
CircuTech International Holdings Ltd is engaged in the business of research and development and the sale and marketing of video surveillance systems. It operates its business in Asia, Europe, Africa, North America, and others. Its segments of the company are Sales and distribution of IT products and Repairs and service support. Sales and distribution of IT products business segment designs, manufactures, and markets video surveillance systems and distributes third-party IT products. Geographically, it derives the majority of its revenue from Hong Kong.

CircuTech International Holdings (HKSE:08051) Headlines

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