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Maxnerva Technology Services (HKSE:01037) Debt-to-EBITDA : -0.12 (As of Dec. 2023)


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What is Maxnerva Technology Services Debt-to-EBITDA?

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

Maxnerva Technology Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3.4 Mil. Maxnerva Technology Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.8 Mil. Maxnerva Technology Services's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-51.8 Mil. Maxnerva Technology Services's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.12.

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 Maxnerva Technology Services's Debt-to-EBITDA or its related term are showing as below:

HKSE:01037' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.4   Med: 0.88   Max: 6.81
Current: -0.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Maxnerva Technology Services was 6.81. The lowest was -0.40. And the median was 0.88.

HKSE:01037's Debt-to-EBITDA is ranked worse than
100% of 1616 companies
in the Software industry
Industry Median: 1.005 vs HKSE:01037: -0.40

Maxnerva Technology Services Debt-to-EBITDA Historical Data

The historical data trend for Maxnerva Technology Services'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.

Maxnerva Technology Services Debt-to-EBITDA Chart

Maxnerva Technology Services Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 0.67 0.37 0.19 3.46

Maxnerva Technology Services Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 0.45 0.80 0.23 0.42 -0.12

Competitive Comparison of Maxnerva Technology Services's Debt-to-EBITDA

For the Information Technology Services subindustry, Maxnerva Technology Services'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.


Maxnerva Technology Services's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, Maxnerva Technology Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Maxnerva Technology Services's Debt-to-EBITDA falls into.



Maxnerva Technology Services Debt-to-EBITDA Calculation

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

Maxnerva Technology Services'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
=(3.371 + 2.809) / 1.784
=3.46

Maxnerva Technology Services'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
=(3.371 + 2.809) / -51.77
=-0.12

* 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.


Maxnerva Technology Services  (HKSE:01037) 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.


Maxnerva Technology Services Debt-to-EBITDA Related Terms

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


Maxnerva Technology Services (HKSE:01037) Business Description

Traded in Other Exchanges
N/A
Address
63 Mody Road, Room 1001, 10th Floor, Houston Centre, Tsim Sha Tsui East, Kowloon, Hong Kong, HKG
Maxnerva Technology Services Ltd is an investment holding company engaged in the operating segments of Smart Office Business, Industrial Solution Business and New Retail Business. Smart Office business segment is engaged in the provision of video conference related solutions plus brand licensing and supply chain management of smart office equipment. Industrial Solution Business segment is involved in the provision of smart manufacturing solutions and services to improve the effectiveness and efficiency of production lines, plant facilities and the management of industrial parks .New Retail business segment provides advanced digital signage and other retail solutions to their customers It has a business presence in Hong Kong, the PRC, the United States, Taiwan and others.
Executives
Fsk Holdings Limited 2201 Interest of corporation controlled by you
Fdg Fund, L.p. 2101 Beneficial owner
Tse Tik Yang Denis 2201 Interest of corporation controlled by you
Foxconn (far East) Limited 2101 Beneficial owner

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