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GME Group Holdings (HKSE:08188) Debt-to-EBITDA : 0.27 (As of Dec. 2023)


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What is GME Group Holdings Debt-to-EBITDA?

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

GME Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$69.0 Mil. GME Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.2 Mil. GME Group Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$271.9 Mil. GME Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.27.

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

HKSE:08188' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.24   Med: 0.5   Max: 2.74
Current: 0.97

During the past 10 years, the highest Debt-to-EBITDA Ratio of GME Group Holdings was 2.74. The lowest was -0.24. And the median was 0.50.

HKSE:08188's Debt-to-EBITDA is ranked better than
71.66% of 1309 companies
in the Construction industry
Industry Median: 2.28 vs HKSE:08188: 0.97

GME Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for GME 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.

GME Group Holdings Debt-to-EBITDA Chart

GME Group Holdings 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 -0.24 0.66 1.06 2.74 0.85

GME Group Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -0.97 - 6.18 - 0.27

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

For the Engineering & Construction subindustry, GME 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.


GME Group Holdings's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, GME Group Holdings's Debt-to-EBITDA distribution charts can be found below:

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



GME Group Holdings Debt-to-EBITDA Calculation

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

GME Group Holdings'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
=(68.957 + 3.167) / 85.287
=0.85

GME Group Holdings'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
=(68.957 + 3.167) / 271.936
=0.27

* 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 four times the quarterly (Dec. 2023) EBITDA data.


GME Group Holdings  (HKSE:08188) 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.


GME Group Holdings Debt-to-EBITDA Related Terms

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


GME Group Holdings (HKSE:08188) Business Description

Traded in Other Exchanges
N/A
Address
148 Electric Road, Room 1001-2, 10th Floor, Hong Kong, HKG
GME Group Holdings Ltd along with its subsidiaries is engaged in providing underground construction services in Hong Kong. Tunnel construction services include excavation, shortening, shutter design and fabrication, tunnel lining services, shafts, advanced and structural works; and utility construction that includes mainly underground public utility works such as road and drainage works and others that include mainly structural works and construction of service buildings and support structure. It also provides program design, costing, and management for underground construction services. It derives all of its revenue from Hong Kong.
Executives
Ng Kwok Lun 2101 Beneficial owner
Chuang Chun Ngok Boris 2103 Interests held jointly with another person
Chuang Wei Chu 2103 Interests held jointly with another person
Chuang Yau Ka 2103 Interests held jointly with another person
To Yin Ping 2101 Beneficial owner

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