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Gala Technology Holding (HKSE:02458) Debt-to-EBITDA : 0.09 (As of Dec. 2023)


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What is Gala Technology Holding Debt-to-EBITDA?

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

Gala Technology Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4.7 Mil. Gala Technology Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.4 Mil. Gala Technology Holding's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$59.6 Mil. Gala Technology Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.09.

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

HKSE:02458' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.05   Max: 0.22
Current: 0.06

During the past 5 years, the highest Debt-to-EBITDA Ratio of Gala Technology Holding was 0.22. The lowest was 0.03. And the median was 0.05.

HKSE:02458's Debt-to-EBITDA is ranked better than
89.38% of 273 companies
in the Interactive Media industry
Industry Median: 0.79 vs HKSE:02458: 0.06

Gala Technology Holding Debt-to-EBITDA Historical Data

The historical data trend for Gala Technology Holding'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.

Gala Technology Holding Debt-to-EBITDA Chart

Gala Technology Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
0.03 0.05 0.18 0.22 0.04

Gala Technology Holding Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial 0.12 0.31 -4.85 0.08 0.09

Competitive Comparison of Gala Technology Holding's Debt-to-EBITDA

For the Electronic Gaming & Multimedia subindustry, Gala Technology Holding'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.


Gala Technology Holding's Debt-to-EBITDA Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Gala Technology Holding's Debt-to-EBITDA distribution charts can be found below:

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



Gala Technology Holding Debt-to-EBITDA Calculation

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

Gala Technology Holding'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
=(4.736 + 0.361) / 137.048
=0.04

Gala Technology Holding'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
=(4.736 + 0.361) / 59.606
=0.09

* 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.


Gala Technology Holding  (HKSE:02458) 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.


Gala Technology Holding Debt-to-EBITDA Related Terms

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


Gala Technology Holding (HKSE:02458) Business Description

Traded in Other Exchanges
N/A
Address
No. 3040, Aohai Avenue, Nanshan Street, 4203–4204, Qianhai Shimao Finance Centre II, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen, CHN
Gala Technology Holding Ltd is a mobile game developer, publisher and operator in China with a focus on mobile sports simulation games for global markets. The overall online sports game market includes all sports-themed games accessible to users on the internet, whereas, mobile sports simulation games refer specifically to online sports simulation games that are available on portable devices, such as tablets and smartphones. The Group's operations are operated and managed as a single segment, which is mobile sports game development, publishing and operation mainly in the PRC. The majority of revenue is from Web-based and mobile online game revenue.
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Lu Yao Ping

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