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Dh Enchantment (Dh Enchantment) Debt-to-EBITDA : -6.06 (As of Dec. 2023)


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What is Dh Enchantment Debt-to-EBITDA?

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

Dh Enchantment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.22 Mil. Dh Enchantment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Dh Enchantment's annualized EBITDA for the quarter that ended in Dec. 2023 was $-0.04 Mil. Dh Enchantment's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -6.06.

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 Dh Enchantment's Debt-to-EBITDA or its related term are showing as below:

ENMI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.2   Med: -0.53   Max: -0.49
Current: -2.2

During the past 3 years, the highest Debt-to-EBITDA Ratio of Dh Enchantment was -0.49. The lowest was -2.20. And the median was -0.53.

ENMI's Debt-to-EBITDA is ranked worse than
100% of 75 companies
in the Medical Distribution industry
Industry Median: 2 vs ENMI: -2.20

Dh Enchantment Debt-to-EBITDA Historical Data

The historical data trend for Dh Enchantment'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.

Dh Enchantment Debt-to-EBITDA Chart

Dh Enchantment Annual Data
Trend Mar21 Mar22 Mar23
Debt-to-EBITDA
- -0.49 -0.58

Dh Enchantment Quarterly Data
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 -1.01 -1.03 -2.60 -3.41 -6.06

Competitive Comparison of Dh Enchantment's Debt-to-EBITDA

For the Medical Distribution subindustry, Dh Enchantment'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.


Dh Enchantment's Debt-to-EBITDA Distribution in the Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, Dh Enchantment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Dh Enchantment's Debt-to-EBITDA falls into.



Dh Enchantment Debt-to-EBITDA Calculation

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

Dh Enchantment'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
=(0.218 + 0) / -0.376
=-0.58

Dh Enchantment'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
=(0.218 + 0) / -0.036
=-6.06

* 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.


Dh Enchantment  (OTCPK:ENMI) 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.


Dh Enchantment Debt-to-EBITDA Related Terms

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


Dh Enchantment (Dh Enchantment) Business Description

Traded in Other Exchanges
N/A
Address
316-318 Kwun Tong Road, Unit A, 13th Floor, Gee Luen Factory Building, Kowloon, Hong Kong, HKG
Dh Enchantment Inc is engaged in the sale and distribution of COVID-19 rapid antigen tester sets.
Executives
Lo Kin Yi Sally director, 10 percent owner, officer: CEO, CFO and Secretary G/F, 49A CHEUNG PO TSUEN, PAT HEUNG, YUEN LONG K3 00000
Daily Success Development Ltd 10 percent owner UNIT A, 13/F KWUN TOND ROAD, KOWLOON K3 00000

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