Unity Enterprise Holdings (HKSE:02195) Debt-to-EBITDA : -0.08 (As of Dec. 2023)

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What is Unity Enterprise Holdings Debt-to-EBITDA?

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

Unity Enterprise Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.5 Mil. Unity Enterprise Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.1 Mil. Unity Enterprise Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-45.8 Mil. Unity Enterprise Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.08.

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

HKSE:02195' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.13 Med: 0.01 Max: 0.24
Current: -0.13

During the past 8 years, the highest Debt-to-EBITDA Ratio of Unity Enterprise Holdings was 0.24. The lowest was -0.13. And the median was 0.01.

HKSE:02195's Debt-to-EBITDA is ranked worse than
100% of 1312 companies
in the Construction industry
Industry Median: 2.32 vs HKSE:02195: -0.13

Unity Enterprise Holdings Debt-to-EBITDA Historical Data

The historical data trend for Unity Enterprise 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.

Unity Enterprise Holdings Debt-to-EBITDA Chart

Unity Enterprise Holdings Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.06

0.24

-0.07

-0.13

Unity Enterprise Holdings Semi-Annual Data
	Dec16	Dec17	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial							-	0.02	-0.01	-0.03	-0.08

Competitive Comparison of Unity Enterprise Holdings's Debt-to-EBITDA

For the Engineering & Construction subindustry, Unity Enterprise 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.

Unity Enterprise Holdings's Debt-to-EBITDA Distribution in the Construction Industry

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

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

Unity Enterprise Holdings Debt-to-EBITDA Calculation

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

Unity Enterprise Holdings'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
	=	(3.499	+	0.05)	/	-27.293
	=	-0.13

Unity Enterprise Holdings'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
	=	(3.499	+	0.05)	/	-45.798
	=	-0.08

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.

Unity Enterprise Holdings (HKSE:02195) 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.

Unity Enterprise Holdings Debt-to-EBITDA Related Terms

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

Unity Enterprise Holdings (HKSE:02195) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Unity Enterprise Holdings Ltd (HKSE:02195) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 Chong Yip Street, Unit 1103, 11th Floor, Kwun Tong, Kowloon, Hong Kong, HKG

Website

http://www.hongdau.com.hk

Unity Enterprise Holdings Ltd is a contractor specializing in RMAA works in Hong Kong. It undertook repair and maintenance services, involving the upkeep, restoration and improvement of existing buildings and facilities, including the services of re-roofing, external and internal walls refurbishment, floor screeding and retiling, spalling repair, scaffolding, repairing and replacement of windows and door, plastering, painting, improvement of fire services system, plumbing and drainage works. In addition, the company also provides ancillary services, such as alteration and addition work of building layout and structural works, design of new structural works and checking of structural adequacy of existing constructions and interior decoration works to the existing premises.

Executives

Harvest Land Company Limited	2101 Beneficial owner
Yeung Wing Sun	2201 Interest of corporation controlled by you
Yu So Yin	2202 Interest of your spouse
Leung Yi Man	2101 Beneficial owner
Tang Kit Yu	2202 Interest of your spouse
Hong Kong Chaoshang Group Limited	2101 Beneficial owner

Unity Enterprise Holdings (HKSE:02195) Headlines

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