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Huaxi Holdings Co (HKSE:01689) Debt-to-EBITDA : -1.45 (As of Jun. 2023)


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What is Huaxi Holdings Co Debt-to-EBITDA?

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

Huaxi Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$21.7 Mil. Huaxi Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.1 Mil. Huaxi Holdings Co's annualized EBITDA for the quarter that ended in Jun. 2023 was HK$-15.1 Mil. Huaxi Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -1.45.

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

HKSE:01689' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.92   Med: 0.36   Max: 1.06
Current: -1.92

During the past 11 years, the highest Debt-to-EBITDA Ratio of Huaxi Holdings Co was 1.06. The lowest was -1.92. And the median was 0.36.

HKSE:01689's Debt-to-EBITDA is ranked worse than
100% of 327 companies
in the Packaging & Containers industry
Industry Median: 2.55 vs HKSE:01689: -1.92

Huaxi Holdings Co Debt-to-EBITDA Historical Data

The historical data trend for Huaxi 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.

Huaxi Holdings Co Debt-to-EBITDA Chart

Huaxi Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.02 0.07 -0.53 -1.92

Huaxi Holdings Co Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.47 -1.56 -0.26 -1.45 -2.18

Competitive Comparison of Huaxi Holdings Co's Debt-to-EBITDA

For the Packaging & Containers subindustry, Huaxi 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.


Huaxi Holdings Co's Debt-to-EBITDA Distribution in the Packaging & Containers Industry

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

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



Huaxi Holdings Co Debt-to-EBITDA Calculation

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

Huaxi Holdings Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(24.684 + 0.272) / -46.889
=-0.53

Huaxi Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(21.724 + 0.12) / -15.054
=-1.45

* 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 two times the quarterly (Jun. 2023) EBITDA data.


Huaxi Holdings Co  (HKSE:01689) 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.


Huaxi Holdings Co Debt-to-EBITDA Related Terms

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


Huaxi Holdings Co (HKSE:01689) Business Description

Traded in Other Exchanges
N/A
Address
No. 4 Wanji North Street, Wanji Industrial District, Guangdong Province, Shantou, CHN
Huaxi Holdings Co Ltd is an investment holding company principally engaged in the manufacture and sale of packaging materials for a cigarette in China. It has two reportable segments: Cigarette Packaging Business and Environmental Treatment Business. The products of the group include tipping papers, inner frame aluminum papers, inner laser paper, cigarette box frame paper, and cigarette trademark labels. Geographically all the activities functioned through China, and generate a vast majority of its revenues from the cigarette packaging business.

Huaxi Holdings Co (HKSE:01689) Headlines

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