Wisdom Sports Group (HKSE:01661) Debt-to-EBITDA : -0.04 (As of Dec. 2023)

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What is Wisdom Sports Group Debt-to-EBITDA?

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

Wisdom Sports Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Wisdom Sports Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7.23 Mil. Wisdom Sports Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-163.48 Mil. Wisdom Sports Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.04.

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

HKSE:01661' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.1 Med: -0.02 Max: -0.01
Current: -0.08

During the past 12 years, the highest Debt-to-EBITDA Ratio of Wisdom Sports Group was -0.01. The lowest was -0.10. And the median was -0.02.

HKSE:01661's Debt-to-EBITDA is ranked worse than
100% of 665 companies
in the Media - Diversified industry
Industry Median: 1.69 vs HKSE:01661: -0.08

Wisdom Sports Group Debt-to-EBITDA Historical Data

The historical data trend for Wisdom Sports 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.

Wisdom Sports Group Debt-to-EBITDA Chart

Wisdom Sports Group Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.02

-0.01

-0.10

Wisdom Sports Group 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															-	-	-	-	-0.04

Competitive Comparison of Wisdom Sports Group's Debt-to-EBITDA

For the Entertainment subindustry, Wisdom Sports 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.

Wisdom Sports Group's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Wisdom Sports Group's Debt-to-EBITDA distribution charts can be found below:

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

Wisdom Sports Group Debt-to-EBITDA Calculation

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

Wisdom Sports 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
	=	(0	+	7.23)	/	-74.84
	=	-0.10

Wisdom Sports 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
	=	(0	+	7.23)	/	-163.482
	=	-0.04

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.

Wisdom Sports Group (HKSE:01661) 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.

Wisdom Sports Group Debt-to-EBITDA Related Terms

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

Wisdom Sports Group (HKSE:01661) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Wisdom Sports Group (HKSE:01661) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 16, Xinyuanli Road, 7th Floor, Block 1, Kunsuo Center, Chaoyang District, Beijing, CHN, 100027

Website

https://www.wisdomsports.com.cn

Wisdom Sports Group engages in the diversified media industry and provides event services, operations, and branding services in China. The company is divided into two business segments: the Wisdom Events segment and the Wisdom Program and Branding segment. The Wisdom Events segment organizes and promotes various international and domestic sporting events. The Wisdom Program and Branding segment focuses primarily on the production, distribution, and advertisement of televised sporting events.

Executives

Ren Guozun (alias: Wen)	2201 Interest of corporation controlled by you
Hknd Limited	2101 Beneficial owner
Wang Zhihan	2201 Interest of corporation controlled by you
Queen Media Co., Ltd.	2101 Beneficial owner
Nd Medical Technology Limited	2101 Beneficial owner
Wu Meizhen	2201 Interest of corporation controlled by you

Wisdom Sports Group (HKSE:01661) Headlines

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