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Sisram Medical (HKSE:01696) Debt-to-EBITDA : 1.28 (As of Dec. 2023)


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What is Sisram Medical Debt-to-EBITDA?

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

Sisram Medical's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$71 Mil. Sisram Medical's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$278 Mil. Sisram Medical's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$272 Mil. Sisram Medical'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 Sisram Medical's Debt-to-EBITDA or its related term are showing as below:

HKSE:01696' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.07   Med: 0.79   Max: 9.06
Current: 1.14

During the past 10 years, the highest Debt-to-EBITDA Ratio of Sisram Medical was 9.06. The lowest was 0.07. And the median was 0.79.

HKSE:01696's Debt-to-EBITDA is ranked better than
51.94% of 439 companies
in the Medical Devices & Instruments industry
Industry Median: 1.26 vs HKSE:01696: 1.14

Sisram Medical Debt-to-EBITDA Historical Data

The historical data trend for Sisram Medical'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.

Sisram Medical Debt-to-EBITDA Chart

Sisram Medical 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 0.35 1.32 0.74 0.71 0.84

Sisram Medical Semi-Annual Data
Dec14 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 0.92 0.74 0.95 0.97 1.28

Competitive Comparison of Sisram Medical's Debt-to-EBITDA

For the Medical Devices subindustry, Sisram Medical'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.


Sisram Medical's Debt-to-EBITDA Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Sisram Medical's Debt-to-EBITDA distribution charts can be found below:

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



Sisram Medical Debt-to-EBITDA Calculation

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

Sisram Medical'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
=(71.366 + 277.592) / 417.27
=0.84

Sisram Medical'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
=(71.366 + 277.592) / 272.28
=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.


Sisram Medical  (HKSE:01696) 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.


Sisram Medical Debt-to-EBITDA Related Terms

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


Sisram Medical (HKSE:01696) Business Description

Traded in Other Exchanges
N/A
Address
HaHarash Street 18, Ofek Building 15, Industrial Park, Caesarea, ISR, 3079895
Sisram Medical Ltd is an investment holding company specializing in medical technology for healthcare. The company is mainly involved in the design, development, manufacture, and sale of energy-based aesthetic medical and minimally invasive treatment systems, non-EBD devices and cosmeceuticals. The company's products include Soprano Titanium, Colibri technology, and others. Some of the company's brands are Alma, Soprano, Harmony, and ClearLift. It operates through the following geographical segments: Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa.

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