Pangaea Connectivity Technology (HKSE:01473) Debt-to-EBITDA : 42.98 (As of Sep. 2023)

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What is Pangaea Connectivity Technology Debt-to-EBITDA?

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

Pangaea Connectivity Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$322 Mil. Pangaea Connectivity Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6 Mil. Pangaea Connectivity Technology's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$8 Mil. Pangaea Connectivity Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 42.98.

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 Pangaea Connectivity Technology's Debt-to-EBITDA or its related term are showing as below:

HKSE:01473' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.3 Med: 4.44 Max: 101.79
Current: -27.3

During the past 6 years, the highest Debt-to-EBITDA Ratio of Pangaea Connectivity Technology was 101.79. The lowest was -27.30. And the median was 4.44.

HKSE:01473's Debt-to-EBITDA is ranked worse than
100% of 1738 companies
in the Hardware industry
Industry Median: 1.78 vs HKSE:01473: -27.30

Pangaea Connectivity Technology Debt-to-EBITDA Historical Data

The historical data trend for Pangaea Connectivity Technology'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.

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Pangaea Connectivity Technology Debt-to-EBITDA Chart

Pangaea Connectivity Technology Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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4.61

3.93

2.95

11.60

101.79

Pangaea Connectivity Technology Semi-Annual Data
	Mar18	Mar19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial					14.96	10.12	11.32	-11.52	42.98

Competitive Comparison of Pangaea Connectivity Technology's Debt-to-EBITDA

For the Communication Equipment subindustry, Pangaea Connectivity Technology'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.

Pangaea Connectivity Technology's Debt-to-EBITDA Distribution in the Hardware Industry

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

* The bar in red indicates where Pangaea Connectivity Technology's Debt-to-EBITDA falls into.

Pangaea Connectivity Technology Debt-to-EBITDA Calculation

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

Pangaea Connectivity Technology's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(364.593	+	0.416)	/	3.586
	=	101.79

Pangaea Connectivity Technology's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(322.411	+	5.896)	/	7.638
	=	42.98

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. 2023) EBITDA data.

Pangaea Connectivity Technology (HKSE:01473) 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.

Pangaea Connectivity Technology Debt-to-EBITDA Related Terms

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

Pangaea Connectivity Technology (HKSE:01473) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pangaea Connectivity Technology Ltd (HKSE:01473) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

181 Johnston Road, Rooms 902-6, 9th Floor, Tai Yau Building, Wanchai, Hong Kong, HKG

Website

http://www.pangaea.com.hk

Pangaea Connectivity Technology Ltd is involved in the telecom and datacom connectivity industry. It offers connectivity products covering wireless microwave networks, optical networks from access to metro to regional and long haul, and data center and commercial networks for cellular, fixed, personal and private usage. The company is principally engaged in import and export of connectivity products which are used in telecom and datacom connectivity industry. The company also offers a broad portfolio of WiFi and IoT products.

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