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China Wantian Holdings (HKSE:01854) Debt-to-EBITDA : -0.79 (As of Sep. 2023)


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What is China Wantian Holdings Debt-to-EBITDA?

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

China Wantian Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$19.3 Mil. China Wantian Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$4.7 Mil. China Wantian Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-30.4 Mil. China Wantian Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.79.

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

HKSE:01854' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.03   Med: 1.18   Max: 21.43
Current: -0.77

During the past 8 years, the highest Debt-to-EBITDA Ratio of China Wantian Holdings was 21.43. The lowest was -19.03. And the median was 1.18.

HKSE:01854's Debt-to-EBITDA is ranked worse than
100% of 254 companies
in the Retail - Defensive industry
Industry Median: 2.6 vs HKSE:01854: -0.77

China Wantian Holdings Debt-to-EBITDA Historical Data

The historical data trend for China Wantian 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.

China Wantian Holdings Debt-to-EBITDA Chart

China Wantian Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Debt-to-EBITDA
Get a 7-Day Free Trial 0.61 1.15 21.43 -19.03 -6.48

China Wantian Holdings Semi-Annual Data
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 -23.86 -1.50 -1.52 -1.12 -0.79

Competitive Comparison of China Wantian Holdings's Debt-to-EBITDA

For the Food Distribution subindustry, China Wantian 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.


China Wantian Holdings's Debt-to-EBITDA Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, China Wantian Holdings's Debt-to-EBITDA distribution charts can be found below:

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



China Wantian Holdings Debt-to-EBITDA Calculation

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

China Wantian Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(25.186 + 2.925) / -4.337
=-6.48

China Wantian 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
=(19.264 + 4.65) / -30.376
=-0.79

* 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.


China Wantian Holdings  (HKSE:01854) 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.


China Wantian Holdings Debt-to-EBITDA Related Terms

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


China Wantian Holdings (HKSE:01854) Business Description

Traded in Other Exchanges
N/A
Address
Exchange Tower 33 Wang Chiu Road, Suite 2106A, 21/F, Kowloon Bay, Hong Kong, HKG
China Wantian Holdings Ltd is engaged in the provision of vegetables and fruits. It provides procurement, selection, packaging, treating, processing and distribution of vegetables and fruit ingredients. The company offers leaf vegetables, melon and fruit vegetables, root and rhizome vegetables, herbs and spices, mushrooms, fruits, processed fruits and vegetables, and others. The group's business falls under the primary segment of Sourcing, processing and supplying food ingredients to foodservice operators in Hong Kong. The Group has three reportable segments, namely green food supply; green catering; and environmental protection and technology.
Executives
Yap Yuk Kiew
Yek Hon Su
Yap Su Chai
Yap Siew Ngoh
Yap Siew Chow
Yap Kong Meng
Yap Hong Leng
Yap Hong Kek
Yap Hong Akiw
Yap Global Investment Limited
Yap Fong Kee
Wise Global Holding Limited
Leong Kwai Ho
Hooy Siew Kuen
Hooy Say Kai

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