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Alibaba Pictures Group (HKSE:01060) Debt-to-EBITDA : 0.13 (As of Sep. 2023)


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What is Alibaba Pictures Group Debt-to-EBITDA?

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

Alibaba Pictures Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$14 Mil. Alibaba Pictures Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$77 Mil. Alibaba Pictures Group's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$705 Mil. Alibaba Pictures Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.13.

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

HKSE:01060' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -18.07   Med: -0.69   Max: 3.74
Current: 1.69

During the past 13 years, the highest Debt-to-EBITDA Ratio of Alibaba Pictures Group was 3.74. The lowest was -18.07. And the median was -0.69.

HKSE:01060's Debt-to-EBITDA is ranked worse than
50.29% of 680 companies
in the Media - Diversified industry
Industry Median: 1.675 vs HKSE:01060: 1.69

Alibaba Pictures Group Debt-to-EBITDA Historical Data

The historical data trend for Alibaba Pictures 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.

Alibaba Pictures Group Debt-to-EBITDA Chart

Alibaba Pictures Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.38 -0.73 -18.07 0.74 -0.69

Alibaba Pictures Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -2.06 0.44 -8.87 -0.28 0.13

Competitive Comparison of Alibaba Pictures Group's Debt-to-EBITDA

For the Entertainment subindustry, Alibaba Pictures 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.


Alibaba Pictures Group's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Alibaba Pictures Group's Debt-to-EBITDA distribution charts can be found below:

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



Alibaba Pictures Group Debt-to-EBITDA Calculation

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

Alibaba Pictures Group's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(30.982 + 135.046) / -240.523
=-0.69

Alibaba Pictures Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(14.475 + 77.005) / 704.926
=0.13

* 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 (Sep. 2023) EBITDA data.


Alibaba Pictures Group  (HKSE:01060) 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.


Alibaba Pictures Group Debt-to-EBITDA Related Terms

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


Alibaba Pictures Group (HKSE:01060) Business Description

Traded in Other Exchanges
Address
1 Matheson Street, 26th Floor, Tower One, Times Square, Causeway Bay, Hong Kong, HKG
Alibaba Pictures Group Ltd a subsidiary of the Alibaba Group, is a diversified media company headquartered in China that operates in the entertainment industry. The company has three business segments: Technology, Content production, and IP merchandising and commercialization. The Technology segment provides Internet-based ticketing services to consumers and offers Internet-based promotion and distribution services to cinemas. The integrated development unit develops, licenses, and merchandises intellectual property. The content production business engages in planning, developing, and producing films and TV drama series. The Content segment generates most of the company's revenue.

Alibaba Pictures Group (HKSE:01060) Headlines

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