Edvantage Group Holdings (HKSE:00382) Debt-to-EBITDA : 2.41 (As of Aug. 2023)

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What is Edvantage Group Holdings Debt-to-EBITDA?

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

Edvantage Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was HK$523 Mil. Edvantage Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was HK$1,451 Mil. Edvantage Group Holdings's annualized EBITDA for the quarter that ended in Aug. 2023 was HK$819 Mil. Edvantage Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was 2.41.

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

HKSE:00382' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.05 Med: 1.96 Max: 2.55
Current: 2.38

During the past 8 years, the highest Debt-to-EBITDA Ratio of Edvantage Group Holdings was 2.55. The lowest was 1.05. And the median was 1.96.

HKSE:00382's Debt-to-EBITDA is ranked worse than
55.74% of 183 companies
in the Education industry
Industry Median: 1.89 vs HKSE:00382: 2.38

Edvantage Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for Edvantage Group 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.

Edvantage Group Holdings Debt-to-EBITDA Chart

Edvantage Group Holdings Annual Data

Trend

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Debt-to-EBITDA

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1.66

1.97

2.19

2.04

1.95

Edvantage Group Holdings Semi-Annual Data
	Aug16	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Debt-to-EBITDA	Get a 7-Day Free Trial									2.23	2.73	2.34	2.25	2.41

Competitive Comparison of Edvantage Group Holdings's Debt-to-EBITDA

For the Education & Training Services subindustry, Edvantage Group 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.

Edvantage Group Holdings's Debt-to-EBITDA Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Edvantage Group Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Edvantage Group Holdings Debt-to-EBITDA Calculation

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

Edvantage Group Holdings's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(522.594	+	1451.356)	/	1011.808
	=	1.95

Edvantage Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(522.594	+	1451.356)	/	818.836
	=	2.41

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 (Aug. 2023) EBITDA data.

Edvantage Group Holdings (HKSE:00382) 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.

Edvantage Group Holdings Debt-to-EBITDA Related Terms

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

Edvantage Group Holdings (HKSE:00382) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Edvantage Group Holdings Ltd (HKSE:00382) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1 Huashang Road, Licheng Street, Zengcheng, Guangzhou, CHN

Website

https://www.edvantagegroup.com.hk

Edvantage Group is a leading private education group based in Greater Bay Area. Edvantage primarily offers higher education. It also provides secondary vocational education and non-formal vocational education service.Edvantage currently operates nine schools across domestic China and overseas, and more than 98% of its revenue is generated domestically. The total number of enrolled students exceeded 95,000 as of October 2023 from 32,217 as of August 2018. The rapid expansion was achieved through organic growth and school acquisitions.

Edvantage Group Holdings (HKSE:00382) Headlines

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