Ying Hai Group Holdings Co (HKSE:08668) Debt-to-EBITDA : -0.18 (As of Dec. 2023)

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What is Ying Hai Group Holdings Co Debt-to-EBITDA?

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

Ying Hai Group Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.10 Mil. Ying Hai Group Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.25 Mil. Ying Hai Group Holdings Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-19.12 Mil. Ying Hai Group Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.18.

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 Ying Hai Group Holdings Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:08668' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.46 Med: -0.28 Max: 12.25
Current: -1.46

During the past 7 years, the highest Debt-to-EBITDA Ratio of Ying Hai Group Holdings Co was 12.25. The lowest was -1.46. And the median was -0.28.

HKSE:08668's Debt-to-EBITDA is ranked worse than
100% of 626 companies
in the Travel & Leisure industry
Industry Median: 2.795 vs HKSE:08668: -1.46

Ying Hai Group Holdings Co Debt-to-EBITDA Historical Data

The historical data trend for Ying Hai Group Holdings Co'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.

Ying Hai Group Holdings Co Debt-to-EBITDA Chart

Ying Hai Group Holdings Co Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.54

-0.84

-0.58

-0.86

12.25

Ying Hai Group Holdings Co Quarterly Data
	Mar19	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															-0.42	-	1.86	-	-0.18

Competitive Comparison of Ying Hai Group Holdings Co's Debt-to-EBITDA

For the Travel Services subindustry, Ying Hai Group Holdings Co'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.

Ying Hai Group Holdings Co's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Ying Hai Group Holdings Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ying Hai Group Holdings Co's Debt-to-EBITDA falls into.

Ying Hai Group Holdings Co Debt-to-EBITDA Calculation

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

Ying Hai Group Holdings Co'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
	=	(1.103	+	2.254)	/	0.274
	=	12.25

Ying Hai Group Holdings Co'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
	=	(1.103	+	2.254)	/	-19.116
	=	-0.18

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.

Ying Hai Group Holdings Co (HKSE:08668) 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.

Ying Hai Group Holdings Co Debt-to-EBITDA Related Terms

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

Ying Hai Group Holdings Co (HKSE:08668) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ying Hai Group Holdings Co Ltd (HKSE:08668) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

67 Mody Road, Room 506, 5th Floor, Peninsula Centre, Tsim Sha Tsui, Hong Kong, HKG

Website

http://www.yinghaiholding.com

Ying Hai Group Holdings Co Ltd is engaged in the sales and distribution of air tickets and hotel rooms, the sales and provision of ancillary travel-related products and services, the provision of car rental services in Macau, cross-border car rental services between Macau and Hong Kong and investment in concert. The firm's operating segments include the Travel business, Vehicle business, and Concert business. It generates a majority of its revenue from the Travel business segment. Geographically, the company generates a majority of its revenue from Macau.

Ying Hai Group Holdings Co (HKSE:08668) Headlines

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