Grand Fortune High Grade (LSE:GFHG) Debt-to-EBITDA : 0.00 (As of Oct. 2023)

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What is Grand Fortune High Grade Debt-to-EBITDA?

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

Grand Fortune High Grade's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil. Grand Fortune High Grade's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was £0.00 Mil. Grand Fortune High Grade's annualized EBITDA for the quarter that ended in Oct. 2023 was £-0.71 Mil. Grand Fortune High Grade's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was 0.00.

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 Grand Fortune High Grade's Debt-to-EBITDA or its related term are showing as below:

LSE:GFHG's Debt-to-EBITDA is not ranked ^*
in the Education industry.
Industry Median: 1.695
* Ranked among companies with meaningful Debt-to-EBITDA only.

Grand Fortune High Grade Debt-to-EBITDA Historical Data

The historical data trend for Grand Fortune High Grade'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.

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Grand Fortune High Grade Debt-to-EBITDA Chart

Grand Fortune High Grade Annual Data

Trend

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-EBITDA

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Grand Fortune High Grade Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Debt-to-EBITDA	Get a 7-Day Free Trial								-	-	-	-	-

Competitive Comparison of Grand Fortune High Grade's Debt-to-EBITDA

For the Education & Training Services subindustry, Grand Fortune High Grade'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.

Grand Fortune High Grade's Debt-to-EBITDA Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Grand Fortune High Grade's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Grand Fortune High Grade's Debt-to-EBITDA falls into.

Grand Fortune High Grade Debt-to-EBITDA Calculation

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

Grand Fortune High Grade's Debt-to-EBITDA for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	-0.374
	=	0.00

Grand Fortune High Grade's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	-0.71
	=	0.00

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 (Oct. 2023) EBITDA data.

Grand Fortune High Grade (LSE:GFHG) 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.

Grand Fortune High Grade Debt-to-EBITDA Related Terms

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

Grand Fortune High Grade (LSE:GFHG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Grand Fortune High Grade Ltd (LSE:GFHG) » Definitions » Debt-to-EBITDA

Comparable Companies

BOM:501370 BOM:532019 OSTO:APRNDR HKSE:08417 HKSE:08160 BOM:533540 ISX:IDEA LEAI HKSE:08363 BOM:534312

Traded in Other Exchanges

N/A

Address

No. 2193 Guangyuan East, Room No. 1805, Times New World Center, Tianhe District, Guangdong Province, Guangzhou, CHN

Website

http://www.gf-hg.com

Grand Fortune High Grade Ltd provides financial training, corporate training, and professional qualification courses. The company is focused on development, by organic growth, it's a financial training business to satisfy the significant demand for financial sector specialists. The firm operates in a single segment namely the Development and operation of financial training courses in China.

Grand Fortune High Grade (LSE:GFHG) Headlines

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