Skyworth Group (HKSE:00751) Debt-to-EBITDA : 4.42 (As of Dec. 2023)

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What is Skyworth Group Debt-to-EBITDA?

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

Skyworth Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$9,070 Mil. Skyworth Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7,839 Mil. Skyworth Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$3,824 Mil. Skyworth Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.42.

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 Skyworth Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:00751' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.54 Med: 4.14 Max: 6.43
Current: 5.43

During the past 13 years, the highest Debt-to-EBITDA Ratio of Skyworth Group was 6.43. The lowest was 0.54. And the median was 4.14.

HKSE:00751's Debt-to-EBITDA is ranked worse than
80.28% of 1739 companies
in the Hardware industry
Industry Median: 1.79 vs HKSE:00751: 5.43

Skyworth Group Debt-to-EBITDA Historical Data

The historical data trend for Skyworth Group'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.

Skyworth Group Debt-to-EBITDA Chart

Skyworth Group Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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4.19

4.10

4.47

5.11

4.48

Skyworth Group Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															4.14	7.24	6.51	7.93	4.42

Competitive Comparison of Skyworth Group's Debt-to-EBITDA

For the Consumer Electronics subindustry, Skyworth Group'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.

Skyworth Group's Debt-to-EBITDA Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Skyworth Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Skyworth Group's Debt-to-EBITDA falls into.

Skyworth Group Debt-to-EBITDA Calculation

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

Skyworth Group'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
	=	(9069.615	+	7839.113)	/	3771.35
	=	4.48

Skyworth Group'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
	=	(9069.615	+	7839.113)	/	3823.85
	=	4.42

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.

Skyworth Group (HKSE:00751) 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.

Skyworth Group Debt-to-EBITDA Related Terms

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

Skyworth Group (HKSE:00751) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Skyworth Group Ltd (HKSE:00751) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

SWDHF:USA KYW:Germany

Address

20 Westlands Road, Rooms 1601-04 Westlands Centre, Quarry Bay, Hong Kong, HKG

Website

http://www.skyworth.com

Skyworth Group Ltd is principally engaged in the manufacture and sales of smart TV systems, home access systems, smart white appliances, intelligent manufacturing, internet value-added services, property development, property holding, photovoltaic products, modern services, and trading of other products. The company has four operating segments; Multimedia business, Smart systems technology business, New energy business, and Smart appliances business. The Group's operations are located in the PRC, Asia (other than the PRC), the Americas, Europe, Africa, and other regions and it derives a majority of its revenue from the People's Republic of China.

Executives

Target Success Group (ptc) Limited	2301 Trustee
Lin Wei Ping	2501 Other
Wong Wang Sang Stephen	2501 Other

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