GURUFOCUS.COM » STOCK LIST » Industrials » Construction » WT Group Holdings Ltd (HKSE:08422) » Definitions » Debt-to-EBITDA

WT Group Holdings (HKSE:08422) Debt-to-EBITDA : -0.02 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is WT Group Holdings Debt-to-EBITDA?

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

WT Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.17 Mil. WT Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.05 Mil. WT Group Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-11.24 Mil. WT Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.02.

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

HKSE:08422' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.13   Med: -0.02   Max: 0.07
Current: -0.01

During the past 9 years, the highest Debt-to-EBITDA Ratio of WT Group Holdings was 0.07. The lowest was -0.13. And the median was -0.02.

HKSE:08422's Debt-to-EBITDA is ranked worse than
100% of 1354 companies
in the Construction industry
Industry Median: 2.32 vs HKSE:08422: -0.01

WT Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for WT Group 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.

WT Group Holdings Debt-to-EBITDA Chart

WT Group Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only -0.10 -0.12 -0.13 -0.02 0.03

WT Group Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 - -0.01 - -0.02 N/A

Competitive Comparison of WT Group Holdings's Debt-to-EBITDA

For the Engineering & Construction subindustry, WT Group 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.


WT Group Holdings's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, WT Group Holdings's Debt-to-EBITDA distribution charts can be found below:

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



WT Group Holdings Debt-to-EBITDA Calculation

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

WT Group Holdings's Debt-to-EBITDA for the fiscal year that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.107 + 0) / 4.072
=0.03

WT Group 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
=(0.167 + 0.045) / -11.244
=-0.02

* 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.


WT Group Holdings  (HKSE:08422) 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.


WT Group Holdings Debt-to-EBITDA Related Terms

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


WT Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
33 Pine Street, Tai Kok Tsui, Flat A, 6/F, Evernew Commercial Centre, Kowloon, Hong Kong, HKG
WT Group Holdings Ltd is an investment holding company, engages in the business of specialized works and general building works. It is also engaged in foundation works, site formation works, demolition works, and ground investigation field works and general building works, such as superstructure building, slope maintenance, hoarding, alteration and other miscellaneous construction works. Its activities are carried out in Hong Kong.
Executives
Zhao Xue Mei 2101 Beneficial owner

WT Group Holdings Headlines

No Headlines