GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Far East Hotels & Entertainment Ltd (HKSE:00037) » Definitions » Debt-to-EBITDA

Far East Hotels & Entertainment (HKSE:00037) Debt-to-EBITDA : -0.97 (As of Sep. 2023)


View and export this data going back to 1979. Start your Free Trial

What is Far East Hotels & Entertainment Debt-to-EBITDA?

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

Far East Hotels & Entertainment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$16.01 Mil. Far East Hotels & Entertainment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.15 Mil. Far East Hotels & Entertainment's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-16.66 Mil. Far East Hotels & Entertainment's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.97.

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 Far East Hotels & Entertainment's Debt-to-EBITDA or its related term are showing as below:

HKSE:00037' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.73   Med: 1.06   Max: 9.01
Current: -0.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of Far East Hotels & Entertainment was 9.01. The lowest was -17.73. And the median was 1.06.

HKSE:00037's Debt-to-EBITDA is ranked worse than
100% of 1265 companies
in the Real Estate industry
Industry Median: 5.88 vs HKSE:00037: -0.43

Far East Hotels & Entertainment Debt-to-EBITDA Historical Data

The historical data trend for Far East Hotels & Entertainment'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.

Far East Hotels & Entertainment Debt-to-EBITDA Chart

Far East Hotels & Entertainment 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 7.24 -1.93 3.29 0.56 -6.19

Far East Hotels & Entertainment 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 1.32 0.42 0.63 -0.36 -0.97

Competitive Comparison of Far East Hotels & Entertainment's Debt-to-EBITDA

For the Real Estate Services subindustry, Far East Hotels & Entertainment'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.


Far East Hotels & Entertainment's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Far East Hotels & Entertainment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Far East Hotels & Entertainment's Debt-to-EBITDA falls into.



Far East Hotels & Entertainment Debt-to-EBITDA Calculation

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

Far East Hotels & Entertainment'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
=(18.322 + 2.759) / -3.405
=-6.19

Far East Hotels & Entertainment'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
=(16.013 + 0.147) / -16.662
=-0.97

* 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.


Far East Hotels & Entertainment  (HKSE:00037) 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.


Far East Hotels & Entertainment Debt-to-EBITDA Related Terms

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


Far East Hotels & Entertainment (HKSE:00037) Business Description

Traded in Other Exchanges
N/A
Address
200 Gloucester Road, Suite 1902, 19th Floor, The Sun’s Group Centre, Wanchai, Hong Kong, HKG
Far East Hotels & Entertainment Ltd is a Hong Kong-based investment holding company. Through its subsidiaries, the company operates under business segments of Hotel operations in Hong Kong; Serviced property letting in Mainland China; Property investment in Hong Kong; Property investment overseas; and Securities investment and trading. The company earns maximum revenue from Hotel operations in Hong Kong. The group's operations are located in Hong Kong, Mainland China, and overseas.
Executives
Chiu Derek 2201 Interest of corporation controlled by you
Lui Yu Kin 2101 Beneficial owner

Far East Hotels & Entertainment (HKSE:00037) Headlines

No Headlines