Huitongda Network Co (HKSE:09878) Debt-to-EBITDA : 0.71 (As of Dec. 2023)

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What is Huitongda Network Co Debt-to-EBITDA?

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

Huitongda Network Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$460 Mil. Huitongda Network Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$308 Mil. Huitongda Network Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$1,080 Mil. Huitongda Network Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.71.

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 Huitongda Network Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:09878' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.29 Med: 0.74 Max: 1.65
Current: 0.66

During the past 6 years, the highest Debt-to-EBITDA Ratio of Huitongda Network Co was 1.65. The lowest was 0.29. And the median was 0.74.

HKSE:09878's Debt-to-EBITDA is ranked better than
59.22% of 1616 companies
in the Software industry
Industry Median: 1.06 vs HKSE:09878: 0.66

Huitongda Network Co Debt-to-EBITDA Historical Data

The historical data trend for Huitongda Network 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.

Huitongda Network Co Debt-to-EBITDA Chart

Huitongda Network Co Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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1.55

0.66

0.29

0.81

0.62

Huitongda Network Co Semi-Annual Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial				0.23	1.38	0.88	1.57	0.71

Competitive Comparison of Huitongda Network Co's Debt-to-EBITDA

For the Software - Application subindustry, Huitongda Network 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.

Huitongda Network Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Huitongda Network Co's Debt-to-EBITDA distribution charts can be found below:

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

Huitongda Network Co Debt-to-EBITDA Calculation

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

Huitongda Network 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
	=	(459.969	+	307.641)	/	1236.259
	=	0.62

Huitongda Network 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
	=	(459.969	+	307.641)	/	1080.034
	=	0.71

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.

Huitongda Network Co (HKSE:09878) 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.

Huitongda Network Co Debt-to-EBITDA Related Terms

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

Huitongda Network Co (HKSE:09878) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Huitongda Network Co Ltd (HKSE:09878) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Zhongling Street, Huitongda Building, Jiangsu Province, Nanjing, CHN

Website

https://www.htd.cn

Huitongda Network Co Ltd is a transaction and service platform serving corporate customers in China's retail industry, and is committed to providing high-quality goods and services for China's sinking market. In addition, Huitongda also provides store SaaS and merchant solutions to retail stores and channel cooperation customers in the industrial value chain by virtue of its digital capabilities, and provides a stable one-stop supply chain to member retail stores, including providing rich and diverse services on the platform.

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