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Goldin Financial Holdings (HKSE:00530) Debt-to-EBITDA : -19.43 (As of Jun. 2021)


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What is Goldin Financial Holdings Debt-to-EBITDA?

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

Goldin Financial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was HK$6,552.0 Mil. Goldin Financial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was HK$4.9 Mil. Goldin Financial Holdings's annualized EBITDA for the quarter that ended in Jun. 2021 was HK$-337.5 Mil. Goldin Financial Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 was -19.43.

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

HKSE:00530's Debt-to-EBITDA is not ranked *
in the Beverages - Alcoholic industry.
Industry Median: 1.795
* Ranked among companies with meaningful Debt-to-EBITDA only.

Goldin Financial Holdings Debt-to-EBITDA Historical Data

The historical data trend for Goldin Financial 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.

Goldin Financial Holdings Debt-to-EBITDA Chart

Goldin Financial Holdings Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 8.63 2.48 -1.92 -8.22

Goldin Financial Holdings Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 1.57 -92.25 -0.97 -5.11 -19.43

Competitive Comparison of Goldin Financial Holdings's Debt-to-EBITDA

For the Beverages - Wineries & Distilleries subindustry, Goldin Financial 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.


Goldin Financial Holdings's Debt-to-EBITDA Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Goldin Financial Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Goldin Financial Holdings Debt-to-EBITDA Calculation

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

Goldin Financial Holdings's Debt-to-EBITDA for the fiscal year that ended in Jun. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6552.047 + 4.87) / -797.887
=-8.22

Goldin Financial Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(6552.047 + 4.87) / -337.486
=-19.43

* 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. 2021) EBITDA data.


Goldin Financial Holdings  (HKSE:00530) 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.


Goldin Financial Holdings Debt-to-EBITDA Related Terms

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


Goldin Financial Holdings (HKSE:00530) Business Description

Traded in Other Exchanges
N/A
Address
17 Kai Cheung Road, 25th Floor, Goldin Financial Global Centre, Kowloon Bay, Hong Kong, HKG
Goldin Financial Holdings Ltd is an investment holding company. The company's operating segment includes Property; Winery and wine related; Factoring and Financial investments. It generates maximum revenue from the Property segment. The Property segment engages in property development and investment. Its Factoring segment engages in the provision of factoring services. The Winery and wine related segment engage in the trading of wines, wine storage, and the operation of vineyards and restaurants. Its Financial investments segment engages in securities and derivative investment and trading and investment in financial instruments. Geographically, it derives a majority of revenue from Hong Kong.
Executives
Industrial And Commercial Bank Of China (macau) Limited 2106 Person having a security interest in shares
Nyh Limited 2106 Person having a security interest in shares
Sea Fortune Ventures Limited 2106 Person having a security interest in shares
Vast Gold Holdings Limited 2106 Person having a security interest in shares
Lu Wing Chi 2106 Person having a security interest in shares
Pan Sutong 2101 Beneficial owner
Goldin Global Holdings Limited 2101 Beneficial owner

Goldin Financial Holdings (HKSE:00530) Headlines

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