Fenbi (HKSE:02469) Debt-to-EBITDA : 0.45 (As of Dec. 2023)

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What is Fenbi Debt-to-EBITDA?

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

Fenbi's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$51 Mil. Fenbi's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$78 Mil. Fenbi's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$289 Mil. Fenbi's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.45.

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 Fenbi's Debt-to-EBITDA or its related term are showing as below:

HKSE:02469' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.73 Med: -0.09 Max: 0.56
Current: 0.56

During the past 5 years, the highest Debt-to-EBITDA Ratio of Fenbi was 0.56. The lowest was -0.73. And the median was -0.09.

HKSE:02469's Debt-to-EBITDA is ranked better than
76.11% of 180 companies
in the Education industry
Industry Median: 1.69 vs HKSE:02469: 0.56

Fenbi Debt-to-EBITDA Historical Data

The historical data trend for Fenbi'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.

Fenbi Debt-to-EBITDA Chart

Fenbi Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.32

-0.73

-0.25

-0.09

0.38

Fenbi Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-0.24	-0.40	-0.05	0.87	0.45

Competitive Comparison of Fenbi's Debt-to-EBITDA

For the Education & Training Services subindustry, Fenbi'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.

Fenbi's Debt-to-EBITDA Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Fenbi's Debt-to-EBITDA distribution charts can be found below:

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

Fenbi Debt-to-EBITDA Calculation

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

Fenbi'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
	=	(50.946	+	78.405)	/	340.699
	=	0.38

Fenbi'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
	=	(50.946	+	78.405)	/	288.898
	=	0.45

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.

Fenbi (HKSE:02469) 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.

Fenbi Debt-to-EBITDA Related Terms

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

Fenbi (HKSE:02469) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Fenbi Ltd (HKSE:02469) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuxianqiao North Road, Room 601, 1-6th Floor, Building 103, No. 10 Courtyard, Chaoyang District, Beijing, CHN

Website

https://www.fenbi.com

Fenbi Ltd operates as a non-formal vocational education and training (VET) service provider in China. The company is a career test preparation service provider in China, providing a comprehensive suite of recruitment and qualification examination tutoring courses for adult students pursuing careers in government-sponsored institutions and a number of professions and industries. It helps college graduates excel in the competitive selection process administered by governmental institutions, and help professionals obtain the relevant qualifications.

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