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Global Mastermind Holdings (HKSE:08063) Debt-to-EBITDA : -4.55 (As of Dec. 2023)


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What is Global Mastermind Holdings Debt-to-EBITDA?

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

Global Mastermind Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$100.00 Mil. Global Mastermind Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Global Mastermind Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-21.96 Mil. Global Mastermind Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -4.55.

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

HKSE:08063' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.06   Med: -0.65   Max: 1.94
Current: -3.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of Global Mastermind Holdings was 1.94. The lowest was -7.06. And the median was -0.65.

HKSE:08063's Debt-to-EBITDA is ranked worse than
100% of 261 companies
in the Credit Services industry
Industry Median: 8.23 vs HKSE:08063: -3.12

Global Mastermind Holdings Debt-to-EBITDA Historical Data

The historical data trend for Global Mastermind 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.

Global Mastermind Holdings Debt-to-EBITDA Chart

Global Mastermind Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.06 -1.34 -0.62 -0.67 -2.73

Global Mastermind 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 -0.51 - 186.57 - -4.55

Competitive Comparison of Global Mastermind Holdings's Debt-to-EBITDA

For the Credit Services subindustry, Global Mastermind 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.


Global Mastermind Holdings's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Global Mastermind Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Global Mastermind Holdings Debt-to-EBITDA Calculation

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

Global Mastermind 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
=(100 + 0) / -36.656
=-2.73

Global Mastermind 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
=(100 + 0) / -21.964
=-4.55

* 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.


Global Mastermind Holdings  (HKSE:08063) 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.


Global Mastermind Holdings Debt-to-EBITDA Related Terms

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


Global Mastermind Holdings (HKSE:08063) Business Description

Traded in Other Exchanges
N/A
Address
168-200 Connaught Road Central, Unit 1201, 12th Floor, West Tower, Shun Tak Centre, Hong Kong, HKG
Global Mastermind Holdings Ltd is an investment holding company. The company's operating segments include Travel business; Treasury management business; Money lending business; Brokerage business; Asset management business and Corporate finance advisory business. It generates maximum revenue from the Money lending business segment. Geographically, the company derives the majority of its revenue from Hong Kong.
Executives
Eternity Investment Limited 2201 Interest of corporation controlled by you
Heng Tai Consumables Group Limited 2201 Interest of corporation controlled by you
Heng Tai Finance Limited 2101 Beneficial owner

Global Mastermind Holdings (HKSE:08063) Headlines

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