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Kuaishou Technology (HKSE:01024) Debt-to-EBITDA : 0.82 (As of Dec. 2023)


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What is Kuaishou Technology Debt-to-EBITDA?

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

Kuaishou Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8,003 Mil. Kuaishou Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9,193 Mil. Kuaishou Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$20,948 Mil. Kuaishou Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.82.

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

HKSE:01024' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.39   Med: -0.13   Max: 2.15
Current: 2.15

During the past 7 years, the highest Debt-to-EBITDA Ratio of Kuaishou Technology was 2.15. The lowest was -2.39. And the median was -0.13.

HKSE:01024's Debt-to-EBITDA is ranked worse than
69.93% of 276 companies
in the Interactive Media industry
Industry Median: 0.77 vs HKSE:01024: 2.15

Kuaishou Technology Debt-to-EBITDA Historical Data

The historical data trend for Kuaishou 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.

Kuaishou Technology Debt-to-EBITDA Chart

Kuaishou Technology Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial -0.27 -0.05 -0.19 -2.39 1.08

Kuaishou Technology Quarterly Data
Dec17 Dec18 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 -1.87 -3.65 2.91 1.37 0.82

Competitive Comparison of Kuaishou Technology's Debt-to-EBITDA

For the Internet Content & Information subindustry, Kuaishou 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.


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

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

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



Kuaishou Technology Debt-to-EBITDA Calculation

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

Kuaishou 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
=(8003.18 + 9193.212) / 15953.859
=1.08

Kuaishou 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
=(8003.18 + 9193.212) / 20948.052
=0.82

* 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.


Kuaishou Technology  (HKSE:01024) 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.


Kuaishou Technology Debt-to-EBITDA Related Terms

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


Kuaishou Technology (HKSE:01024) Business Description

Traded in Other Exchanges
Address
No. 6, Shangdi West Road, Building 1, Haidian District, Beijing, CHN, 100085
Kuaishou Technology is a social media platform on which users can share short-form videos that are up to 5 minutes long. The audience engages with the platform by looking at different videos on demand at any time, similar to TikTok. About 52% of revenue is generated from advertising, mainly in the form of targeted ads related to the video content—known as closed-loop ads—but also from outside unrelated brands. Kuaishou also generates livestream revenue by selling virtual gifts to fans that are donated to performers. It also has livestreaming e-commerce, where users purchase products related to the video, generating commission from each transaction. Kuaishou competes mainly with ByteDance's Douyin, as both are short-form video platforms. Tencent owns 19% of Kuaishou.

Kuaishou Technology (HKSE:01024) Headlines

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