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Hywin Holdings (Hywin Holdings) Debt-to-EBITDA : 0.90 (As of Dec. 2022)


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What is Hywin Holdings Debt-to-EBITDA?

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

Hywin Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $9.1 Mil. Hywin Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2022 was $17.2 Mil. Hywin Holdings's annualized EBITDA for the quarter that ended in Dec. 2022 was $29.3 Mil. Hywin Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 was 0.90.

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

HYW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.04   Max: 0.77
Current: 0.77

During the past 6 years, the highest Debt-to-EBITDA Ratio of Hywin Holdings was 0.77. The lowest was 0.01. And the median was 0.04.

HYW's Debt-to-EBITDA is ranked better than
61.62% of 357 companies
in the Asset Management industry
Industry Median: 1.35 vs HYW: 0.77

Hywin Holdings Debt-to-EBITDA Historical Data

The historical data trend for Hywin 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.

Hywin Holdings Debt-to-EBITDA Chart

Hywin Holdings Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.05 - - 0.01 0.64

Hywin Holdings Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.90 0.69

Competitive Comparison of Hywin Holdings's Debt-to-EBITDA

For the Asset Management subindustry, Hywin 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.


Hywin Holdings's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Hywin Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Hywin Holdings Debt-to-EBITDA Calculation

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

Hywin Holdings's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(11.67 + 14.037) / 40.394
=0.64

Hywin Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(9.067 + 17.209) / 29.278
=0.90

* 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 (Dec. 2022) EBITDA data.


Hywin Holdings  (NAS:HYW) 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.


Hywin Holdings Debt-to-EBITDA Related Terms

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


Hywin Holdings (Hywin Holdings) Business Description

Traded in Other Exchanges
N/A
Address
8 Yincheng Mid. Road, F3, Hywin Financial Centre, Pudong New District, Shanghai, CHN, 200120
Hywin Holdings Ltd is a wealth management service provider in China. It primarily provide wealth management services, insurance brokerage services, asset management services and other services to clients.