LFG Investment Holdings (HKSE:03938) Debt-to-EBITDA : 1.14 (As of Sep. 2023)

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What is LFG Investment Holdings Debt-to-EBITDA?

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

LFG Investment Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$28.62 Mil. LFG Investment Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.00 Mil. LFG Investment Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$25.02 Mil. LFG Investment Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 1.14.

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

HKSE:03938' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.71 Med: 0.44 Max: 6.68
Current: 6.57

During the past 7 years, the highest Debt-to-EBITDA Ratio of LFG Investment Holdings was 6.68. The lowest was -2.71. And the median was 0.44.

HKSE:03938's Debt-to-EBITDA is ranked worse than
80.72% of 415 companies
in the Capital Markets industry
Industry Median: 1.56 vs HKSE:03938: 6.57

LFG Investment Holdings Debt-to-EBITDA Historical Data

The historical data trend for LFG Investment 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.

LFG Investment Holdings Debt-to-EBITDA Chart

LFG Investment Holdings Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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0.29

0.59

6.68

-2.71

LFG Investment Holdings Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial								1.54	-1.86	-1.77	-1.92	1.14

Competitive Comparison of LFG Investment Holdings's Debt-to-EBITDA

For the Capital Markets subindustry, LFG Investment 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.

LFG Investment Holdings's Debt-to-EBITDA Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, LFG Investment Holdings's Debt-to-EBITDA distribution charts can be found below:

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

LFG Investment Holdings Debt-to-EBITDA Calculation

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

LFG Investment Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(31.066	+	0.242)	/	-11.545
	=	-2.71

LFG Investment 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
	=	(28.616	+	0)	/	25.02
	=	1.14

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.

LFG Investment Holdings (HKSE:03938) 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.

LFG Investment Holdings Debt-to-EBITDA Related Terms

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

LFG Investment Holdings (HKSE:03938) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » LFG Investment Holdings Ltd (HKSE:03938) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

29 Queen’s Road Central, Room 1601, 16th Floor China Building, Hong Kong, HKG

Website

https://www.legogroup.hk/en/index.php

LFG Investment Holdings Ltd is a financial services provider in Hong Kong, that engages in the provision of corporate finance advisory services; underwriting services; securities dealing and brokerage services; securities financing services; and asset management services. The company generates maximum revenue from Corporate finance advisory services.

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