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Quam Plus International Financial (HKSE:00952) Debt-to-EBITDA : 2.45 (As of Jun. 2023)


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What is Quam Plus International Financial Debt-to-EBITDA?

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

Quam Plus International Financial's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$734.5 Mil. Quam Plus International Financial's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$55.3 Mil. Quam Plus International Financial's annualized EBITDA for the quarter that ended in Jun. 2023 was HK$322.8 Mil. Quam Plus International Financial's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 2.45.

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 Quam Plus International Financial's Debt-to-EBITDA or its related term are showing as below:

HKSE:00952' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -128.71   Med: 6.42   Max: 15.82
Current: 3.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of Quam Plus International Financial was 15.82. The lowest was -128.71. And the median was 6.42.

HKSE:00952's Debt-to-EBITDA is ranked worse than
68.42% of 418 companies
in the Capital Markets industry
Industry Median: 1.565 vs HKSE:00952: 3.69

Quam Plus International Financial Debt-to-EBITDA Historical Data

The historical data trend for Quam Plus International Financial'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.

Quam Plus International Financial Debt-to-EBITDA Chart

Quam Plus International Financial Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.45 7.20 -0.74 -0.64 3.69

Quam Plus International Financial Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 -0.36 -2.78 -0.37 2.45 9.76

Competitive Comparison of Quam Plus International Financial's Debt-to-EBITDA

For the Capital Markets subindustry, Quam Plus International Financial'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.


Quam Plus International Financial's Debt-to-EBITDA Distribution in the Capital Markets Industry

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

* The bar in red indicates where Quam Plus International Financial's Debt-to-EBITDA falls into.



Quam Plus International Financial Debt-to-EBITDA Calculation

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

Quam Plus International Financial's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(927.246 + 27.07) / -1491.883
=-0.64

Quam Plus International Financial's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(734.513 + 55.336) / 322.83
=2.45

* 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 (Jun. 2023) EBITDA data.


Quam Plus International Financial  (HKSE:00952) 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.


Quam Plus International Financial Debt-to-EBITDA Related Terms

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


Quam Plus International Financial (HKSE:00952) Business Description

Traded in Other Exchanges
N/A
Address
29 Queen’s Road Central, 18th and 19th Floor, China Building, Hong Kong, HKG
Quam Plus International Financial Ltd Formerly China Tonghai International Financial Ltd is an investment holding company. Its activities include corporate finance advisory and general advisory services; fund management, discretionary portfolio management and portfolio management advisory services; discretionary and non-discretionary dealing services for securities, futures and options, securities placing and underwriting services, margin financing, insurance broking and wealth management services; money lending services; financial media services; and investing and trading of various investment products. Its segments include corporate finance; asset management; brokerage; interest income; investments; and others segment.

Quam Plus International Financial (HKSE:00952) Headlines

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