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Yik Wo International Holdings (HKSE:08659) Debt-to-EBITDA : 0.13 (As of Dec. 2023)


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What is Yik Wo International Holdings Debt-to-EBITDA?

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

Yik Wo International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.4 Mil. Yik Wo International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.6 Mil. Yik Wo International Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$55.2 Mil. Yik Wo International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.13.

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 Yik Wo International Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:08659' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.05   Med: 0.1   Max: 0.15
Current: 0.15

During the past 7 years, the highest Debt-to-EBITDA Ratio of Yik Wo International Holdings was 0.15. The lowest was 0.05. And the median was 0.10.

HKSE:08659's Debt-to-EBITDA is ranked better than
93.56% of 326 companies
in the Packaging & Containers industry
Industry Median: 2.55 vs HKSE:08659: 0.15

Yik Wo International Holdings Debt-to-EBITDA Historical Data

The historical data trend for Yik Wo International 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.

Yik Wo International Holdings Debt-to-EBITDA Chart

Yik Wo International Holdings Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.11 0.10 0.06 0.05 0.11

Yik Wo International Holdings Quarterly Data
Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only 0.06 - 0.09 - 0.13

Competitive Comparison of Yik Wo International Holdings's Debt-to-EBITDA

For the Packaging & Containers subindustry, Yik Wo International 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.


Yik Wo International Holdings's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Yik Wo International Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Yik Wo International Holdings's Debt-to-EBITDA falls into.



Yik Wo International Holdings Debt-to-EBITDA Calculation

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

Yik Wo International 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
=(2.387 + 4.627) / 65.299
=0.11

Yik Wo International 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
=(2.387 + 4.627) / 55.16
=0.13

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Yik Wo International Holdings  (HKSE:08659) 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.


Yik Wo International Holdings Debt-to-EBITDA Related Terms

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


Yik Wo International Holdings (HKSE:08659) Business Description

Traded in Other Exchanges
N/A
Address
Wukeng Industrial Zone, Longhu Town, Fujian Province, Jinjiang, CHN
Yik Wo International Holdings Ltd is engaged in the design and development, manufacturing and sales of disposable plastic food storage containers. The company's plastic containers are processed by high temperature hot-melt plastic injection moulding method with polypropylene resin or other thermoplastic materials. In terms of application, disposable plastic food storage containers can be divided into lunch boxes, fresh and preserved fruit containers, semi-food containers and others. It sells its products under JAZZIT brand. Its regular products feature with only one compartment; and customised products can store various kinds of food and beverage with its multi-compartment disposable plastic food storage containers. The group derives prime revenue from the PRC.

Yik Wo International Holdings (HKSE:08659) Headlines

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