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Emperor Watch & Jewellery (HKSE:00887) Debt-to-EBITDA : 1.02 (As of Dec. 2023)


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What is Emperor Watch & Jewellery Debt-to-EBITDA?

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

Emperor Watch & Jewellery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$178 Mil. Emperor Watch & Jewellery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$127 Mil. Emperor Watch & Jewellery's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$299 Mil. Emperor Watch & Jewellery's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.02.

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 Emperor Watch & Jewellery's Debt-to-EBITDA or its related term are showing as below:

HKSE:00887' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.39   Med: 1.45   Max: 3.25
Current: 0.81

During the past 13 years, the highest Debt-to-EBITDA Ratio of Emperor Watch & Jewellery was 3.25. The lowest was 0.39. And the median was 1.45.

HKSE:00887's Debt-to-EBITDA is ranked better than
82.88% of 841 companies
in the Retail - Cyclical industry
Industry Median: 2.68 vs HKSE:00887: 0.81

Emperor Watch & Jewellery Debt-to-EBITDA Historical Data

The historical data trend for Emperor Watch & Jewellery'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.

Emperor Watch & Jewellery Debt-to-EBITDA Chart

Emperor Watch & Jewellery Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 2.34 0.62 0.47 0.39

Emperor Watch & Jewellery Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 2.09 1.65 0.85 0.58 1.02

Competitive Comparison of Emperor Watch & Jewellery's Debt-to-EBITDA

For the Luxury Goods subindustry, Emperor Watch & Jewellery'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.


Emperor Watch & Jewellery's Debt-to-EBITDA Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emperor Watch & Jewellery's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Emperor Watch & Jewellery's Debt-to-EBITDA falls into.



Emperor Watch & Jewellery Debt-to-EBITDA Calculation

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

Emperor Watch & Jewellery'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
=(177.501 + 127.126) / 773.984
=0.39

Emperor Watch & Jewellery'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
=(177.501 + 127.126) / 298.758
=1.02

* 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 (Dec. 2023) EBITDA data.


Emperor Watch & Jewellery  (HKSE:00887) 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.


Emperor Watch & Jewellery Debt-to-EBITDA Related Terms

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


Emperor Watch & Jewellery (HKSE:00887) Business Description

Traded in Other Exchanges
N/A
Address
288 Hennessy Road, 25th Floor, Emperor Group Centre, Wanchai, Hong Kong, HKG
Emperor Watch & Jewellery Ltd is a retailer of European-made internationally renowned watches, together with self-designed fine jewellery products under its own brand, Emperor Jewellery. The group has extensive retail networks in Hong Kong, Macau, Mainland China, Malaysia, and Singapore. Its wristwatch brands include Audemars Piguet, Baume & Mercier, Cartier, Omega, Jaeger-LeCoultre, Montblanc, Tissot, and Rolex, among others. The target customers range from middle to high-income groups world wide. The majority of the revenue is mainly derived from sales of watches and jewellery in Hong Kong.

Emperor Watch & Jewellery (HKSE:00887) Headlines

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