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Television Broadcasts (Television Broadcasts) Debt-to-EBITDA : -9.90 (As of Dec. 2023)


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What is Television Broadcasts Debt-to-EBITDA?

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

Television Broadcasts's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $82.6 Mil. Television Broadcasts's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $215.7 Mil. Television Broadcasts's annualized EBITDA for the quarter that ended in Dec. 2023 was $-30.1 Mil. Television Broadcasts's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -9.90.

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 Television Broadcasts's Debt-to-EBITDA or its related term are showing as below:

TVBCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.42   Med: 2.35   Max: 26.21
Current: -7.81

During the past 13 years, the highest Debt-to-EBITDA Ratio of Television Broadcasts was 26.21. The lowest was -8.42. And the median was 2.35.

TVBCF's Debt-to-EBITDA is ranked worse than
100% of 679 companies
in the Media - Diversified industry
Industry Median: 1.68 vs TVBCF: -7.81

Television Broadcasts Debt-to-EBITDA Historical Data

The historical data trend for Television Broadcasts'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.

Television Broadcasts Debt-to-EBITDA Chart

Television Broadcasts Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.79 26.21 -8.42 -4.98 -7.81

Television Broadcasts Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.94 -34.09 -2.68 -6.49 -9.90

Competitive Comparison of Television Broadcasts's Debt-to-EBITDA

For the Broadcasting subindustry, Television Broadcasts'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.


Television Broadcasts's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Television Broadcasts's Debt-to-EBITDA distribution charts can be found below:

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



Television Broadcasts Debt-to-EBITDA Calculation

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

Television Broadcasts'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
=(82.587 + 215.705) / -38.21
=-7.81

Television Broadcasts's annualized Debt-to-EBITDA for the quarter 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
=(82.587 + 215.705) / -30.136
=-9.90

* 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. 2023) EBITDA data.


Television Broadcasts  (OTCPK:TVBCF) 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.


Television Broadcasts Debt-to-EBITDA Related Terms

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


Television Broadcasts (Television Broadcasts) Business Description

Traded in Other Exchanges
Address
TVB City, 77 Chun Choi Street, Tseung Kwan O Industrial Estate, Kowloon, Hong Kong, HKG
Television Broadcasts Ltd is a Hong Kong-based company whose activities involve terrestrial television broadcasting, together with programme production and other television-related activities. Its operating segments include Hong Kong TV broadcasting; OTT Streaming; e-Commerce business; Mainland China operations and International operations. The company derives a majority of revenue from the Hong Kong TV broadcasting segment involving the broadcasting of television programmes, commercials on terrestrial TV platforms, production of programmes, online social media platform, music entertainment, event and digital marketing. The group derives revenue from Hong Kong and other countries, of which prime revenue is derived from Hong Kong.

Television Broadcasts (Television Broadcasts) Headlines

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