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OKG Technology Holdings (HKSE:01499) Debt-to-EBITDA : -67.20 (As of Sep. 2023)


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What is OKG Technology Holdings Debt-to-EBITDA?

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

OKG Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$718.7 Mil. OKG Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.1 Mil. OKG Technology Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-10.7 Mil. OKG Technology Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -67.20.

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

HKSE:01499' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.29   Med: 0.39   Max: 103.36
Current: 103.36

During the past 9 years, the highest Debt-to-EBITDA Ratio of OKG Technology Holdings was 103.36. The lowest was -19.29. And the median was 0.39.

HKSE:01499's Debt-to-EBITDA is ranked worse than
98.94% of 1315 companies
in the Construction industry
Industry Median: 2.29 vs HKSE:01499: 103.36

OKG Technology Holdings Debt-to-EBITDA Historical Data

The historical data trend for OKG Technology 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.

OKG Technology Holdings Debt-to-EBITDA Chart

OKG Technology Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only -19.29 -18.10 -3.19 -17.51 7.79

OKG Technology Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -2.00 -11.00 6.69 22.57 -67.20

Competitive Comparison of OKG Technology Holdings's Debt-to-EBITDA

For the Engineering & Construction subindustry, OKG Technology 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.


OKG Technology Holdings's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, OKG Technology Holdings's Debt-to-EBITDA distribution charts can be found below:

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



OKG Technology Holdings Debt-to-EBITDA Calculation

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

OKG Technology Holdings'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
=(553.729 + 1.685) / 71.265
=7.79

OKG Technology Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(718.721 + 0.06) / -10.696
=-67.20

* 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 (Sep. 2023) EBITDA data.


OKG Technology Holdings  (HKSE:01499) 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.


OKG Technology Holdings Debt-to-EBITDA Related Terms

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


OKG Technology Holdings (HKSE:01499) Business Description

Traded in Other Exchanges
N/A
Address
255-257 Gloucester Road, Unit 902-903, 9th Floor, Sino Plaza, Causeway Bay, Hong Kong, HKG
OKG Technology Holdings Ltd provides engineering and building services to the construction sector. The company's operating segment includes Construction waste handling services; Foundation, building construction works and ancillary services; Technical services; Digital assets related businesses; and Other businesses. It generates maximum revenue from the Foundation, building construction works, and ancillary services segment. Geographically, it derives a majority of its revenue from Hong Kong.
Executives
Okc Holdings Corporation 2101 Beneficial owner
Xu Mingxing 2201 Interest of corporation controlled by you

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