SWIN (Solowin Holdings) Debt-to-EBITDA : -0.06 (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Solowin Holdings Debt-to-EBITDA?

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

Solowin Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.53 Mil. Solowin Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.20 Mil. Solowin Holdings's annualized EBITDA for the quarter that ended in Sep. 2024 was $-12.36 Mil. Solowin Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 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 Solowin Holdings's Debt-to-EBITDA or its related term are showing as below:

SWIN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.82 Med: -0.19 Max: 0.18
Current: -0.06

During the past 4 years, the highest Debt-to-EBITDA Ratio of Solowin Holdings was 0.18. The lowest was -0.82. And the median was -0.19.

SWIN's Debt-to-EBITDA is ranked worse than
100% of 422 companies
in the Capital Markets industry
Industry Median: 1.44 vs SWIN: -0.06

Solowin Holdings Debt-to-EBITDA Historical Data

The historical data trend for Solowin 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.

Solowin Holdings Debt-to-EBITDA Chart

Solowin Holdings Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Debt-to-EBITDA

-0.82

-0.13

0.18

-0.25

Solowin Holdings Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Debt-to-EBITDA	Get a 7-Day Free Trial			-0.03	0.08	0.07	-0.09	-0.06

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

For the Capital Markets subindustry, Solowin 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.

Solowin Holdings's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Solowin Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Save Embed

;

Save Embed

;

Solowin Holdings Debt-to-EBITDA Calculation

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

Solowin Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.631	+	0.439)	/	-4.371
	=	-0.24

Solowin Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.534	+	0.196)	/	-12.362
	=	-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 (Sep. 2024) EBITDA data.

Solowin Holdings (NAS:SWIN) 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.

Solowin Holdings Debt-to-EBITDA Related Terms

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

Solowin Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Solowin Holdings Ltd (NAS:SWIN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

33 Canton Road, Room 1910-1912A, Tower 3, Tsim Sha Tsui, Kowloon, Hong Kong, HKG

Website

https://www.solomonwin.com.hk

Solowin Holdings Ltd is a investor-focused, versatile securities brokerage company in Hong Kong. It offers a wide spectrum of products and services through its secured one-stop electronic platform. It is engaged in providing securities related services, investment advisory service, and asset management service to customers. The operations were organized into four reportable segments: securities related services, investment advisory services, corporate consultancy services, and asset management services. It derives maximum revenue from investment advisory services.