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Tam Jai International Co (HKSE:02217) Debt-to-EBITDA : 1.01 (As of Sep. 2023)


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What is Tam Jai International Co Debt-to-EBITDA?

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

Tam Jai International Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$388 Mil. Tam Jai International Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$493 Mil. Tam Jai International Co's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$873 Mil. Tam Jai International Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.01.

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 Tam Jai International Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02217' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.76   Med: 0.85   Max: 1.05
Current: 1.05

During the past 5 years, the highest Debt-to-EBITDA Ratio of Tam Jai International Co was 1.05. The lowest was 0.76. And the median was 0.85.

HKSE:02217's Debt-to-EBITDA is ranked better than
82.42% of 273 companies
in the Restaurants industry
Industry Median: 2.97 vs HKSE:02217: 1.05

Tam Jai International Co Debt-to-EBITDA Historical Data

The historical data trend for Tam Jai International Co'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.

Tam Jai International Co Debt-to-EBITDA Chart

Tam Jai International Co Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
0.78 0.85 0.76 0.92 0.96

Tam Jai International Co Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 0.72 1.00 0.98 0.97 1.01

Competitive Comparison of Tam Jai International Co's Debt-to-EBITDA

For the Restaurants subindustry, Tam Jai International Co'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.


Tam Jai International Co's Debt-to-EBITDA Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Tam Jai International Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Tam Jai International Co's Debt-to-EBITDA falls into.



Tam Jai International Co Debt-to-EBITDA Calculation

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

Tam Jai International Co'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
=(351.59 + 436.212) / 817.238
=0.96

Tam Jai International Co'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
=(388.17 + 493.472) / 872.796
=1.01

* 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 (Sep. 2023) EBITDA data.


Tam Jai International Co  (HKSE:02217) 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.


Tam Jai International Co Debt-to-EBITDA Related Terms

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


Tam Jai International Co (HKSE:02217) Business Description

Traded in Other Exchanges
Address
No. 9 Cheung Yee Street, 8th Floor of D2 Place ONE, Cheung Sha Wan, Kowloon, Hong Kong, HKG
Tam Jai International Co Ltd is a chain restaurant operator for fast casual restaurant chains, with operations in Mainland China and Singapore. It generates maximum revenue from Hong Kong.

Tam Jai International Co (HKSE:02217) Headlines

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