Tasty Concepts Holding (HKSE:08096) Debt-to-EBITDA : -6.65 (As of Sep. 2023)

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What is Tasty Concepts Holding Debt-to-EBITDA?

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

Tasty Concepts Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6.84 Mil. Tasty Concepts Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6.90 Mil. Tasty Concepts Holding's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-2.06 Mil. Tasty Concepts Holding's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -6.65.

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 Tasty Concepts Holding's Debt-to-EBITDA or its related term are showing as below:

HKSE:08096' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.39 Med: -1.32 Max: 0.37
Current: -13.68

During the past 7 years, the highest Debt-to-EBITDA Ratio of Tasty Concepts Holding was 0.37. The lowest was -27.39. And the median was -1.32.

HKSE:08096's Debt-to-EBITDA is ranked worse than
100% of 280 companies
in the Restaurants industry
Industry Median: 2.97 vs HKSE:08096: -13.68

Tasty Concepts Holding Debt-to-EBITDA Historical Data

The historical data trend for Tasty Concepts Holding'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.

Tasty Concepts Holding Debt-to-EBITDA Chart

Tasty Concepts Holding Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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-1.32

-0.99

-27.39

-1.39

-2.90

Tasty Concepts Holding Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															-3.05	-	-2.28	-	-6.65

Competitive Comparison of Tasty Concepts Holding's Debt-to-EBITDA

For the Restaurants subindustry, Tasty Concepts Holding'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.

Tasty Concepts Holding's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tasty Concepts Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tasty Concepts Holding's Debt-to-EBITDA falls into.

Tasty Concepts Holding Debt-to-EBITDA Calculation

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

Tasty Concepts Holding'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
	=	(6.53	+	7.891)	/	-4.966
	=	-2.90

Tasty Concepts Holding'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
	=	(6.837	+	6.895)	/	-2.064
	=	-6.65

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 (Sep. 2023) EBITDA data.

Tasty Concepts Holding (HKSE:08096) 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.

Tasty Concepts Holding Debt-to-EBITDA Related Terms

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

Tasty Concepts Holding (HKSE:08096) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Tasty Concepts Holding Ltd (HKSE:08096) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

139-141 Hoi Bun Road, Room 206, 2/F., Seaview Centre, Kwun Tong, Kowloon, Hong Kong, HKG

Website

https://www.butaoramen.com

Tasty Concepts Holding Ltd is an investment holding company. The group is engaged in the operation of Japanese ramen restaurants in Hong Kong and the PRC. The company derives maximum revenue from Hong Kong. It also earns revenue from the sales of food and related products and royalty fee income from a franchisee which is located in PRC and Macau.

Executives

Goldstone 1 Lpf	2101 Beneficial owner
Goldstone Wealth Management Limited	2101 Beneficial owner
Lam Yu Chor Paul	2201 Interest of corporation controlled by you
China New Consumption Group Limited	2201 Interest of corporation controlled by you
Everest Enterprise Company Limited	2201 Interest of corporation controlled by you
Longson Enterprise Development Company Limited	2101 Beneficial owner
Brilliant Trade Enterprises Limited	2101 Beneficial owner
Lee Wai Yu Giselle	2202 Interest of your spouse
Tai Shiu Bun Mariana	2202 Interest of your spouse
Tang Chun Ho Chandler	2201 Interest of corporation controlled by you
Tang Hing Chee	2201 Interest of corporation controlled by you

Tasty Concepts Holding (HKSE:08096) Headlines

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