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Neutech Group (HKSE:09616) Debt-to-EBITDA : 3.42 (As of Jun. 2024)


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What is Neutech Group Debt-to-EBITDA?

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

Neutech Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$513 Mil. Neutech Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$2,550 Mil. Neutech Group's annualized EBITDA for the quarter that ended in Jun. 2024 was HK$895 Mil. Neutech Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 3.42.

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

HKSE:09616' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.35   Med: 3.08   Max: 4.05
Current: 4.05

During the past 7 years, the highest Debt-to-EBITDA Ratio of Neutech Group was 4.05. The lowest was 1.35. And the median was 3.08.

HKSE:09616's Debt-to-EBITDA is ranked worse than
74.05% of 185 companies
in the Education industry
Industry Median: 1.6 vs HKSE:09616: 4.05

Neutech Group Debt-to-EBITDA Historical Data

The historical data trend for Neutech Group'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.

Neutech Group Debt-to-EBITDA Chart

Neutech Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 3.01 3.80 3.73 3.08 3.17

Neutech Group Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.95 3.46 3.08 4.89 3.42

Competitive Comparison of Neutech Group's Debt-to-EBITDA

For the Education & Training Services subindustry, Neutech Group'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.


Neutech Group's Debt-to-EBITDA Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Neutech Group's Debt-to-EBITDA distribution charts can be found below:

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



Neutech Group Debt-to-EBITDA Calculation

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

Neutech Group'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
=(721.126 + 2298.503) / 951.91
=3.17

Neutech Group's annualized Debt-to-EBITDA for the quarter 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
=(512.999 + 2550.248) / 895.43
=3.42

* 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 two times the quarterly (Jun. 2024) EBITDA data.


Neutech Group  (HKSE:09616) 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.


Neutech Group Debt-to-EBITDA Related Terms

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


Neutech Group Business Description

Traded in Other Exchanges
N/A
Address
No. 8, Software Park Road, Ganjingzi District, Liaoning, Dalian, CHN
Neutech Group Ltd formerly Neusoft Education Technology Co Ltd is a China-based investment holding company principally engaged in providing full-time formal higher education services, continuing education services, as well as education resources and apprenticeship programmes. Its full-time formal higher education services and continuing education services are operated by three universities and eight training schools. Its education resources and apprenticeship programme are offered by Dalian Education and a few of its subsidiaries, such as Shanghai Ruixiang and Tianjin Ruidao. It has one operating segment and geographical segment being providing higher education services in PRC.
Executives
Liu Jiren 2501 Other
Liu Jiren 2501 Other
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Deluxe Capital Limited 2201 Interest of corporation controlled by you
Sun Yinhuan 2307 Founder of a discretionary trust who can infl
Tmf (cayman) Ltd. 2301 Trustee
Deluxe Glorious Limited 2201 Interest of corporation controlled by you
Cheng Huiyan 2202 Interest of your spouse
Century Bliss International Limited 2101 Beneficial owner
Kang Ruidao International Investment Inc. 2101 Beneficial owner
Kang Ruidao Education First Investment Limited 2201 Interest of corporation controlled by you
Neusoft Holdings International Inc. 2201 Interest of corporation controlled by you
Dalian Neusoft Holdings Co., Ltd. 2201 Interest of corporation controlled by you

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