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Paradise Entertainment (HKSE:01180) Debt-to-EBITDA : 1.28 (As of Dec. 2023)


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What is Paradise Entertainment Debt-to-EBITDA?

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

Paradise Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$51.6 Mil. Paradise Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$154.6 Mil. Paradise Entertainment's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$160.6 Mil. Paradise Entertainment's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.28.

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 Paradise Entertainment's Debt-to-EBITDA or its related term are showing as below:

HKSE:01180' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.45   Med: -0.37   Max: 2.22
Current: 2.22

During the past 13 years, the highest Debt-to-EBITDA Ratio of Paradise Entertainment was 2.22. The lowest was -5.45. And the median was -0.37.

HKSE:01180's Debt-to-EBITDA is ranked better than
56% of 625 companies
in the Travel & Leisure industry
Industry Median: 2.78 vs HKSE:01180: 2.22

Paradise Entertainment Debt-to-EBITDA Historical Data

The historical data trend for Paradise Entertainment'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.

Paradise Entertainment Debt-to-EBITDA Chart

Paradise Entertainment 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 1.79 -1.35 -5.45 -2.03 1.52

Paradise Entertainment 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 -1.29 -0.99 -1.77 10.32 1.28

Competitive Comparison of Paradise Entertainment's Debt-to-EBITDA

For the Resorts & Casinos subindustry, Paradise Entertainment'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.


Paradise Entertainment's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Paradise Entertainment's Debt-to-EBITDA distribution charts can be found below:

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



Paradise Entertainment Debt-to-EBITDA Calculation

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

Paradise Entertainment'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
=(51.596 + 154.557) / 135.907
=1.52

Paradise Entertainment'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
=(51.596 + 154.557) / 160.62
=1.28

* 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.


Paradise Entertainment  (HKSE:01180) 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.


Paradise Entertainment Debt-to-EBITDA Related Terms

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


Paradise Entertainment (HKSE:01180) Business Description

Traded in Other Exchanges
Address
Unit C, 19th Floor, 30 Queen's Road Central, Entertainment Building, Hong Kong, HKG
Paradise Entertainment Ltd is an investment holding company. The company, through its subsidiaries, engages in the development, supply, and sales of electronic gaming systems and the provision of casino management services. The operating segment of the company is divided into two segments: Casino management services engaged in the provision of casino management services in Macau; and Gaming systems engaged in the development, sale and leasing of electronic gaming equipment and systems and royalty income. It generates the majority of its revenue from Casino Service.

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