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Sinohope Technology Holdings (HKSE:01611) Debt-to-EBITDA : -8.02 (As of Sep. 2023)


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What is Sinohope Technology Holdings Debt-to-EBITDA?

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

Sinohope Technology Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$359 Mil. Sinohope Technology Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$108 Mil. Sinohope Technology Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-58 Mil. Sinohope Technology Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -8.02.

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

HKSE:01611' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.54   Med: 1.53   Max: 29.19
Current: -2.01

During the past 11 years, the highest Debt-to-EBITDA Ratio of Sinohope Technology Holdings was 29.19. The lowest was -4.54. And the median was 1.53.

HKSE:01611's Debt-to-EBITDA is ranked worse than
100% of 1616 companies
in the Software industry
Industry Median: 1.005 vs HKSE:01611: -2.01

Sinohope Technology Holdings Debt-to-EBITDA Historical Data

The historical data trend for Sinohope Technology 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.

Sinohope Technology Holdings Debt-to-EBITDA Chart

Sinohope Technology Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.83 29.19 1.60 -4.54 -2.01

Sinohope Technology Holdings Semi-Annual Data
Sep13 Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 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 1.36 -17.74 -2.61 -1.28 -8.02

Competitive Comparison of Sinohope Technology Holdings's Debt-to-EBITDA

For the Software - Infrastructure subindustry, Sinohope Technology 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.


Sinohope Technology Holdings's Debt-to-EBITDA Distribution in the Software Industry

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

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



Sinohope Technology Holdings Debt-to-EBITDA Calculation

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

Sinohope Technology Holdings's Debt-to-EBITDA for the fiscal year 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
=(359.107 + 108.098) / -232.467
=-2.01

Sinohope Technology Holdings'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
=(359.107 + 108.098) / -58.226
=-8.02

* 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 (Sep. 2023) EBITDA data.


Sinohope Technology Holdings  (HKSE:01611) 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.


Sinohope Technology Holdings Debt-to-EBITDA Related Terms

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


Sinohope Technology Holdings (HKSE:01611) Business Description

Traded in Other Exchanges
N/A
Address
100 Queen's Road Central, 6th Floor, 7th Floor, Unit 702-3, Central, Hong Kong, HKG
Sinohope Technology Holdings Ltd Formerly New Huo Technology Holdings Ltd is a digital asset and blockchain specialist company. The Company is an investment holding company and its subsidiaries are principally engaged in the provision of technology solution services, a variety of services in virtual asset ecosystem, such as asset management, trust and custodian business, cryptocurrency trading, and contract manufacturing, on electronic manufacturing services basis, of a wide range of power-related and electrical/electronic products. The company operates in three reportable segments; Virtual asset ecosystem; Provision of technology solution services and Contract manufacturing. The majority of revenue is derived from the Virtual asset ecosystem Segment.
Executives
Avenir Holdings Limited 2101 Beneficial owner
Avenir Investment Limited 2101 Beneficial owner
Shen Nan Peng 2201 Interest of corporation controlled by you
Snp China Enterprises Limited 2201 Interest of corporation controlled by you
Hsg Venture Iv Management, L.p. 2201 Interest of corporation controlled by you
Hsg Cv Iv Senior Holdco, Ltd. 2201 Interest of corporation controlled by you
Hsg Cv Iv Holdco, Ltd. 2101 Beneficial owner
Hongshan Capital Venture Fund Iv, L.p. 2201 Interest of corporation controlled by you
Hsg Holding Limited 2201 Interest of corporation controlled by you
Avenir Capital Inc. 2101 Beneficial owner
Li Lin 2201 Interest of corporation controlled by you
Du Jun 2101 Beneficial owner
Avenir Cayman Holding Limited 2101 Beneficial owner
On Chain Technology Limited 2101 Beneficial owner
Zhong Gengfa 2101 Beneficial owner

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