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Phoenix Media Investment (Holdings) (HKSE:02008) Debt-to-EBITDA : -5.64 (As of Dec. 2023)


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What is Phoenix Media Investment (Holdings) Debt-to-EBITDA?

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

Phoenix Media Investment (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$344 Mil. Phoenix Media Investment (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$590 Mil. Phoenix Media Investment (Holdings)'s annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-166 Mil. Phoenix Media Investment (Holdings)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -5.64.

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 Phoenix Media Investment (Holdings)'s Debt-to-EBITDA or its related term are showing as below:

HKSE:02008' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.65   Med: 1.31   Max: 1139.86
Current: -3.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Phoenix Media Investment (Holdings) was 1139.86. The lowest was -13.65. And the median was 1.31.

HKSE:02008's Debt-to-EBITDA is ranked worse than
100% of 276 companies
in the Interactive Media industry
Industry Median: 0.77 vs HKSE:02008: -3.32

Phoenix Media Investment (Holdings) Debt-to-EBITDA Historical Data

The historical data trend for Phoenix Media Investment (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.

Phoenix Media Investment (Holdings) Debt-to-EBITDA Chart

Phoenix Media Investment (Holdings) Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.21 -1.27 -13.65 1,139.86 27.52

Phoenix Media Investment (Holdings) Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 -2.37 -1.54 10.05 -2.38 -5.64

Competitive Comparison of Phoenix Media Investment (Holdings)'s Debt-to-EBITDA

For the Internet Content & Information subindustry, Phoenix Media Investment (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.


Phoenix Media Investment (Holdings)'s Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Phoenix Media Investment (Holdings)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Phoenix Media Investment (Holdings)'s Debt-to-EBITDA falls into.



Phoenix Media Investment (Holdings) Debt-to-EBITDA Calculation

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

Phoenix Media Investment (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
=(344.199 + 589.76) / 33.941
=27.52

Phoenix Media Investment (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
=(344.199 + 589.76) / -165.566
=-5.64

* 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 (Dec. 2023) EBITDA data.


Phoenix Media Investment (Holdings)  (HKSE:02008) 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.


Phoenix Media Investment (Holdings) Debt-to-EBITDA Related Terms

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


Phoenix Media Investment (Holdings) (HKSE:02008) Business Description

Traded in Other Exchanges
N/A
Address
No. 2-6 Dai King Street, Tai Po Industrial Estate, Tai Po, New Territories, Hong Kong, HKG
Phoenix Media Investment (Holdings) Ltd is engaged in satellite television broadcasting and the provision of new media services. The group mainly operates in five segments; Television broadcasting, Internet media, Outdoor media, Real estate, and Other activities. It generates maximum revenue from the Television broadcasting segment. The Television broadcasting business is engaged in the broadcasting of television programs and commercials and the provision of promotion activities.

Phoenix Media Investment (Holdings) (HKSE:02008) Headlines

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