Daohe Global Group (HKSE:00915) Debt-to-EBITDA : 1.83 (As of Dec. 2023)

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What is Daohe Global Group Debt-to-EBITDA?

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

Daohe Global Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$40.2 Mil. Daohe Global Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.4 Mil. Daohe Global Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$24.4 Mil. Daohe Global Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.83.

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

HKSE:00915' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.72 Med: 0.57 Max: 2.51
Current: 2.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of Daohe Global Group was 2.51. The lowest was -3.72. And the median was 0.57.

HKSE:00915's Debt-to-EBITDA is ranked better than
51.25% of 841 companies
in the Retail - Cyclical industry
Industry Median: 2.64 vs HKSE:00915: 2.51

Daohe Global Group Debt-to-EBITDA Historical Data

The historical data trend for Daohe Global Group'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.

Daohe Global Group Debt-to-EBITDA Chart

Daohe Global Group Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.48

-3.72

1.18

2.29

1.80

Daohe Global Group Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															0.95	3.89	5.88	4.63	1.83

Competitive Comparison of Daohe Global Group's Debt-to-EBITDA

For the Specialty Retail subindustry, Daohe Global Group'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.

Daohe Global Group's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Daohe Global Group's Debt-to-EBITDA distribution charts can be found below:

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

Daohe Global Group Debt-to-EBITDA Calculation

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

Daohe Global Group'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
	=	(40.166	+	4.42)	/	24.835
	=	1.80

Daohe Global Group'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
	=	(40.166	+	4.42)	/	24.382
	=	1.83

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.

Daohe Global Group (HKSE:00915) 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.

Daohe Global Group Debt-to-EBITDA Related Terms

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

Daohe Global Group (HKSE:00915) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Daohe Global Group Ltd (HKSE:00915) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Sheung Yuet Road, 6th Floor, YHC Tower, Kowloon Bay, Hong Kong, HKG

Website

https://www.daoheglobal.com.hk

Daohe Global Group Ltd is an investment holding company. The company along with its subsidiaries engages in the sale of merchandise, hard goods, provision of procurement and value-added services operating in North America, Europe and other regions. Its business is organized into the segments of Trading and supply chain management services; and the Operation of the online social platform. Its primary business activity involves the design, purchase, and sale of garments, fashion accessories, bathroom products, glassware, toy and luggage. It earns prime revenue from China.

Executives

Zhou Xijian	2201 Interest of corporation controlled by you
Tsang Chun Ho Anthony	2101 Beneficial owner

Daohe Global Group (HKSE:00915) Headlines

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