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Pax Global Technology (HKSE:00327) Debt-to-EBITDA : 0.10 (As of Dec. 2023)


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What is Pax Global Technology Debt-to-EBITDA?

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

Pax Global Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$24 Mil. Pax Global Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$84 Mil. Pax Global Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$1,134 Mil. Pax Global Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.10.

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

HKSE:00327' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.14
Current: 0.09

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pax Global Technology was 0.14. The lowest was 0.01. And the median was 0.08.

HKSE:00327's Debt-to-EBITDA is ranked better than
90.42% of 2296 companies
in the Industrial Products industry
Industry Median: 1.75 vs HKSE:00327: 0.09

Pax Global Technology Debt-to-EBITDA Historical Data

The historical data trend for Pax Global 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.

* Premium members only.

Pax Global Technology Debt-to-EBITDA Chart

Pax Global Technology 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 0.14 0.11 0.09 0.06 0.08

Pax Global Technology Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 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 0.09 0.06 0.07 0.06 0.10

Competitive Comparison of Pax Global Technology's Debt-to-EBITDA

For the Business Equipment & Supplies subindustry, Pax Global 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.


Pax Global Technology's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Pax Global Technology's Debt-to-EBITDA distribution charts can be found below:

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



Pax Global Technology Debt-to-EBITDA Calculation

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

Pax Global Technology'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
=(23.89 + 84.325) / 1324.985
=0.08

Pax Global Technology'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
=(23.89 + 84.325) / 1134.484
=0.10

* 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.


Pax Global Technology  (HKSE:00327) 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.


Pax Global Technology Debt-to-EBITDA Related Terms

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


Pax Global Technology (HKSE:00327) Business Description

Traded in Other Exchanges
Address
30 Harbour Road, 25th Floor, Room 2504, Sun Hung Kai Centre, Wanchai, Hong Kong, HKG
Pax Global Technology Ltd sells a variety of electronic payment devices. The company's products can be organized into three categories based on product type. The E-payment terminals, which generate the majority of revenue, are wireless handheld devices that enable users to pay through the swipe through or insert of a credit or debit card. The E-payment terminals are used by restaurants and retailers. The consumer activated devices are used to support a variety of connection options for the E-payment terminals. Contactless devices enable users to pay without having to swipe or insert a card.

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