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Pico Far East Holdings (HKSE:00752) Debt-to-EBITDA : 1.30 (As of Oct. 2023)


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What is Pico Far East Holdings Debt-to-EBITDA?

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

Pico Far East Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$205 Mil. Pico Far East Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$314 Mil. Pico Far East Holdings's annualized EBITDA for the quarter that ended in Oct. 2023 was HK$398 Mil. Pico Far East Holdings's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was 1.30.

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 Pico Far East Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00752' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.71   Max: 4.11
Current: 1.39

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pico Far East Holdings was 4.11. The lowest was 0.00. And the median was 0.71.

HKSE:00752's Debt-to-EBITDA is ranked better than
54.26% of 680 companies
in the Media - Diversified industry
Industry Median: 1.69 vs HKSE:00752: 1.39

Pico Far East Holdings Debt-to-EBITDA Historical Data

The historical data trend for Pico Far East 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.

Pico Far East Holdings Debt-to-EBITDA Chart

Pico Far East Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.47 4.11 2.79 2.75 1.15

Pico Far East Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 3.28 3.95 3.46 2.39 1.30

Competitive Comparison of Pico Far East Holdings's Debt-to-EBITDA

For the Advertising Agencies subindustry, Pico Far East 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.


Pico Far East Holdings's Debt-to-EBITDA Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Pico Far East Holdings's Debt-to-EBITDA falls into.



Pico Far East Holdings Debt-to-EBITDA Calculation

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

Pico Far East Holdings's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(204.605 + 313.507) / 452.479
=1.15

Pico Far East Holdings's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(204.605 + 313.507) / 398.146
=1.30

* 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 (Oct. 2023) EBITDA data.


Pico Far East Holdings  (HKSE:00752) 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.


Pico Far East Holdings Debt-to-EBITDA Related Terms

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


Pico Far East Holdings (HKSE:00752) Business Description

Traded in Other Exchanges
Address
Pico House, 4 Dai Fu Street, Tai Po Industrial Estate, New Territories, Hong Kong, HKG
Pico Far East Holdings Ltd is in brand activation. It promotes brands provides exhibition and event marketing services. Its services include events, exhibitions, visual identity, interior and retail, themed environment, venue management, conference and exhibition management, expo, and sports. The company's operating segment includes Exhibition, event and brand activation; Visual branding activation; Museum and themed environment and Meeting architecture activation. It generates maximum revenue from the Exhibition, event and brand activation segment. Geographically, it derives a majority of revenue from Greater China.

Pico Far East Holdings (HKSE:00752) Headlines

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