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National United Resources Holdings (HKSE:00254) Debt-to-EBITDA : -7.84 (As of Dec. 2023)


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What is National United Resources Holdings Debt-to-EBITDA?

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

National United Resources Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$296.1 Mil. National United Resources Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$18.4 Mil. National United Resources Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-40.1 Mil. National United Resources Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -7.84.

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 National United Resources Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00254' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -39.23   Med: -0.25   Max: 13.45
Current: 1.79

During the past 13 years, the highest Debt-to-EBITDA Ratio of National United Resources Holdings was 13.45. The lowest was -39.23. And the median was -0.25.

HKSE:00254's Debt-to-EBITDA is ranked better than
51.45% of 830 companies
in the Business Services industry
Industry Median: 1.87 vs HKSE:00254: 1.79

National United Resources Holdings Debt-to-EBITDA Historical Data

The historical data trend for National United Resources 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.

National United Resources Holdings Debt-to-EBITDA Chart

National United Resources Holdings Annual Data
Trend Jun11 Jun12 Jun13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.50 -8.81 13.45 5.38 7.25

National United Resources Holdings Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 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 55.31 3.87 0.31 0.47 -7.84

Competitive Comparison of National United Resources Holdings's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, National United Resources 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.


National United Resources Holdings's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, National United Resources Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where National United Resources Holdings's Debt-to-EBITDA falls into.



National United Resources Holdings Debt-to-EBITDA Calculation

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

National United Resources Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(665.313 + 10.772) / 93.207
=7.25

National United Resources 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
=(296.054 + 18.447) / -40.118
=-7.84

* 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 (Dec. 2023) EBITDA data.


National United Resources Holdings  (HKSE:00254) 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.


National United Resources Holdings Debt-to-EBITDA Related Terms

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


National United Resources Holdings (HKSE:00254) Business Description

Traded in Other Exchanges
N/A
Address
213 Queen's Road East, Unit 2806, 28th Floor, Wu Chung House, Wanchai, Hong Kong, HKG
National United Resources Holdings Ltd is an investment holding company. The company is engaged in car rental and shuttle bus services business through the TMTC Group. The TMTC Group has 700 electric buses and fuel buses over vehicles in total with capacity of 5 to 59 seats. The car rental and shuttle bus services business serves with particular capacity requirements, type of vehicles, point to point services, contracted tailor-made services, routes/commute served with specified timetable to employees/students of institutional customers between the working places/schools to different residential communities; car rental without chauffeur; and car rental with chauffeur for trip on business, leisure and various government grand events purposes.

National United Resources Holdings (HKSE:00254) Headlines

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