China Fortune Holdings (STU:FTQ) Debt-to-EBITDA : -0.06 (As of Jun. 2024)

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What is China Fortune Holdings Debt-to-EBITDA?

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

China Fortune Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.10 Mil. China Fortune Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.03 Mil. China Fortune Holdings's annualized EBITDA for the quarter that ended in Jun. 2024 was €-2.07 Mil. China Fortune Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.06.

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

STU:FTQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.57 Med: -0.12 Max: -0.05
Current: -0.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Fortune Holdings was -0.05. The lowest was -0.57. And the median was -0.12.

STU:FTQ's Debt-to-EBITDA is ranked worse than
100% of 1724 companies
in the Hardware industry
Industry Median: 1.885 vs STU:FTQ: -0.07

China Fortune Holdings Debt-to-EBITDA Historical Data

The historical data trend for China Fortune 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.

China Fortune Holdings Debt-to-EBITDA Chart

China Fortune Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.21

-0.06

-0.09

-0.05

-0.12

China Fortune Holdings Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.13	-0.06	-0.06	-0.11	-0.06

Competitive Comparison of China Fortune Holdings's Debt-to-EBITDA

For the Consumer Electronics subindustry, China Fortune 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.

China Fortune Holdings's Debt-to-EBITDA Distribution in the Hardware Industry

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

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

China Fortune Holdings Debt-to-EBITDA Calculation

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

China Fortune 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
	=	(0.125	+	0.063)	/	-1.638
	=	-0.11

China Fortune Holdings'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
	=	(0.101	+	0.025)	/	-2.074
	=	-0.06

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.

China Fortune Holdings (STU:FTQ) 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.

China Fortune Holdings Debt-to-EBITDA Related Terms

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

China Fortune Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » China Fortune Holdings Ltd (STU:FTQ) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

00110:Hong Kong

Address

63 Wo Yi Hop Road, Room 1505-06, Tower A, Regent Centre, Kwai Chung, Hong Kong, HKG

Website

https://www.fortunetele.com

China Fortune Holdings Ltd is an investment holding company. The company is engaged in the distribution and trading of mobile phones and electronic products and mining and processing of celestite, zinc, and lead minerals. The company operates in segments that include the Mobile Phone Business and Mining Business. The Mobile Phone Business generates maximum revenue for the company. Geographically the group caters its services in the PRC.

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