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Oriental Enterprise Holdings (HKSE:00018) Debt-to-EBITDA : 0.42 (As of Sep. 2023)


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What is Oriental Enterprise Holdings Debt-to-EBITDA?

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

Oriental Enterprise Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$44.3 Mil. Oriental Enterprise Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.0 Mil. Oriental Enterprise Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$104.4 Mil. Oriental Enterprise Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.42.

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

HKSE:00018' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.04   Max: 0.25
Current: 0.25

During the past 13 years, the highest Debt-to-EBITDA Ratio of Oriental Enterprise Holdings was 0.25. The lowest was 0.03. And the median was 0.04.

HKSE:00018's Debt-to-EBITDA is ranked better than
81.89% of 679 companies
in the Media - Diversified industry
Industry Median: 1.69 vs HKSE:00018: 0.25

Oriental Enterprise Holdings Debt-to-EBITDA Historical Data

The historical data trend for Oriental Enterprise 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.

Oriental Enterprise Holdings Debt-to-EBITDA Chart

Oriental Enterprise Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.14 0.03 0.03 0.03

Oriental Enterprise Holdings Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.04 0.03 0.03 0.03 0.42

Competitive Comparison of Oriental Enterprise Holdings's Debt-to-EBITDA

For the Publishing subindustry, Oriental Enterprise 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.


Oriental Enterprise Holdings's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Oriental Enterprise Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Oriental Enterprise Holdings Debt-to-EBITDA Calculation

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

Oriental Enterprise Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.572 + 0) / 245.599
=0.03

Oriental Enterprise Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(44.291 + 0) / 104.38
=0.42

* 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 (Sep. 2023) EBITDA data.


Oriental Enterprise Holdings  (HKSE:00018) 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.


Oriental Enterprise Holdings Debt-to-EBITDA Related Terms

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


Oriental Enterprise Holdings (HKSE:00018) Business Description

Traded in Other Exchanges
Address
23 Dai Cheong Street, Oriental Media Centre, Tai Po Industrial Estate, Hong Kong, HKG
Oriental Enterprise Holdings Ltd, formerly Oriental Press Group Ltd is a Hong Kong-based company engaged in the publication of newspapers including internet subscription and advertising income. The firm operates in the reportable segments of Publication of newspapers, Money lending business and Others. The Publication of newspapers segment, which acts as a major revenue earner, includes internet subscription and relevant advertising income. The revenue of other operating segments includes rental income from investment properties, license fee income from hotel property and income from restaurant operation. It has a geographic presence in Hong Kong and Australia.
Executives
Conyers Trustee Services (bvi) Limited 2301 Trustee
Marsun Holdings Limited 2201 Interest of corporation controlled by you
Ocean Greatness Limited 2201 Interest of corporation controlled by you
Ever Holdings Limited 2101 Beneficial owner
Hung Mui Fong 2202 Interest of your spouse
Ma Ching Fat 2307 Founder of a discretionary trust who can infl

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