Homeland Interactive Technology (HKSE:03798) Debt-to-EBITDA : 0.20 (As of Dec. 2023)

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What is Homeland Interactive Technology Debt-to-EBITDA?

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

Homeland Interactive Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9 Mil. Homeland Interactive Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$14 Mil. Homeland Interactive Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$113 Mil. Homeland Interactive Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.20.

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 Homeland Interactive Technology's Debt-to-EBITDA or its related term are showing as below:

HKSE:03798' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.06
Current: 0.04

During the past 8 years, the highest Debt-to-EBITDA Ratio of Homeland Interactive Technology was 0.06. The lowest was 0.02. And the median was 0.05.

HKSE:03798's Debt-to-EBITDA is ranked better than
91.67% of 276 companies
in the Interactive Media industry
Industry Median: 0.805 vs HKSE:03798: 0.04

Homeland Interactive Technology Debt-to-EBITDA Historical Data

The historical data trend for Homeland Interactive Technology'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.

Homeland Interactive Technology Debt-to-EBITDA Chart

Homeland Interactive Technology Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.06

0.02

0.06

0.05

0.04

Homeland Interactive Technology Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial									0.08	0.04	0.11	0.01	0.20

Competitive Comparison of Homeland Interactive Technology's Debt-to-EBITDA

For the Electronic Gaming & Multimedia subindustry, Homeland Interactive Technology'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.

Homeland Interactive Technology's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Homeland Interactive Technology's Debt-to-EBITDA distribution charts can be found below:

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

Homeland Interactive Technology Debt-to-EBITDA Calculation

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

Homeland Interactive Technology'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
	=	(9.135	+	13.565)	/	574.901
	=	0.04

Homeland Interactive Technology'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
	=	(9.135	+	13.565)	/	113.41
	=	0.20

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.

Homeland Interactive Technology (HKSE:03798) 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.

Homeland Interactive Technology Debt-to-EBITDA Related Terms

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

Homeland Interactive Technology (HKSE:03798) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Homeland Interactive Technology Ltd (HKSE:03798) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Tainan Road, 7A, 22nd Floor, Huijin Building, Siming District, Xiamen, CHN

Website

https://www.jiaxianghudong.com

Homeland Interactive Technology Ltd is a developer and operator of g localized card and board game developer and operator in the PRC with a special focus on localized Mahjong and poker games. It derives revenue from game development and operation income from sales of virtual tokens and private game room cards. Its operating activities are attributable to a single operating segment focusing on the development and operation of mobile games in the Peoples' Republic of China.

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