GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Hi-Level Technology Holdings Ltd (HKSE:08113) » Definitions » Debt-to-EBITDA

Hi-Level Technology Holdings (HKSE:08113) Debt-to-EBITDA : -5.60 (As of Dec. 2023)


View and export this data going back to 2016. Start your Free Trial

What is Hi-Level Technology Holdings Debt-to-EBITDA?

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

Hi-Level Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$118 Mil. Hi-Level Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. Hi-Level Technology Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-21 Mil. Hi-Level Technology Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -5.60.

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

HKSE:08113' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.19   Med: 2.84   Max: 22.05
Current: 9.58

During the past 10 years, the highest Debt-to-EBITDA Ratio of Hi-Level Technology Holdings was 22.05. The lowest was -8.19. And the median was 2.84.

HKSE:08113's Debt-to-EBITDA is ranked worse than
89.87% of 1738 companies
in the Hardware industry
Industry Median: 1.795 vs HKSE:08113: 9.58

Hi-Level Technology Holdings Debt-to-EBITDA Historical Data

The historical data trend for Hi-Level 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.

Hi-Level Technology Holdings Debt-to-EBITDA Chart

Hi-Level Technology 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 5.03 1.37 -8.19 -4.12 8.02

Hi-Level Technology 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 -1.15 - 3.69 - -5.60

Competitive Comparison of Hi-Level Technology Holdings's Debt-to-EBITDA

For the Electronic Components subindustry, Hi-Level 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.


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

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

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



Hi-Level Technology Holdings Debt-to-EBITDA Calculation

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

Hi-Level Technology 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
=(117.518 + 0) / 14.65
=8.02

Hi-Level Technology 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
=(117.518 + 0) / -20.98
=-5.60

* 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.


Hi-Level Technology Holdings  (HKSE:08113) 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.


Hi-Level Technology Holdings Debt-to-EBITDA Related Terms

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


Hi-Level Technology Holdings (HKSE:08113) Business Description

Traded in Other Exchanges
N/A
Address
37 Ma Tau Wai Road, Room 614, 6th Floor, Tower B, Hunghom Commercial Centre, Hunghom, Kowloon, Hong Kong, HKG
Hi-Level Technology Holdings Ltd is engaged in the sale of electronic components like integrated circuit (IC) and panels for consumer electronics products such as mobile internet devices, electronic learning aids, smartphone panel modules, tablets, set-top boxes, video image devices, and multi-media players. The company has one business segment that is Sale of electronics products. Geographically the group has a business presence in the PRC, Hong Kong, Taiwan, Korea and others, of which key revenue is derived from the PRC.
Executives
Wei Wei 2101 Beneficial owner
Chang Wei Hua 2101 Beneficial owner
S.a.s. Dragon Holdings Limited 2501 Other
S.a.s. Investment Company Limited 2101 Beneficial owner
Unimicro Limited 2501 Other
Vertex Value Limited 2101 Beneficial owner
Victory Echo Holdings Limited 2101 Beneficial owner
Yim Yuk Lun, Stanley 2201 Interest of corporation controlled by you

Hi-Level Technology Holdings (HKSE:08113) Headlines

No Headlines