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SY Holdings Group (HKSE:06069) Debt-to-EBITDA : 9.83 (As of Dec. 2023)


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What is SY Holdings Group Debt-to-EBITDA?

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

SY Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$6,173 Mil. SY Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,705 Mil. SY Holdings Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$801 Mil. SY Holdings Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 9.83.

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

HKSE:06069' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.69   Med: 3.93   Max: 11.2
Current: 8.88

During the past 9 years, the highest Debt-to-EBITDA Ratio of SY Holdings Group was 11.20. The lowest was 0.69. And the median was 3.93.

HKSE:06069's Debt-to-EBITDA is ranked worse than
53.94% of 254 companies
in the Credit Services industry
Industry Median: 7.78 vs HKSE:06069: 8.88

SY Holdings Group Debt-to-EBITDA Historical Data

The historical data trend for SY Holdings 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.

SY Holdings Group Debt-to-EBITDA Chart

SY Holdings Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 3.93 2.85 7.09 11.20 8.88

SY Holdings Group Semi-Annual Data
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 5.97 7.53 12.24 7.42 9.83

Competitive Comparison of SY Holdings Group's Debt-to-EBITDA

For the Credit Services subindustry, SY Holdings 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.


SY Holdings Group's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, SY Holdings Group's Debt-to-EBITDA distribution charts can be found below:

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



SY Holdings Group Debt-to-EBITDA Calculation

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

SY Holdings Group'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
=(6172.943 + 1705.445) / 887.001
=8.88

SY Holdings Group'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
=(6172.943 + 1705.445) / 801.194
=9.83

* 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.


SY Holdings Group  (HKSE:06069) 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.


SY Holdings Group Debt-to-EBITDA Related Terms

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


SY Holdings Group (HKSE:06069) Business Description

Traded in Other Exchanges
N/A
Address
1-1 Zhong Xin Number 4 Road, 10/F and 18/F, Kerry Plaza Tower 2, Futian District, Shenzhen, CHN, 518048
SY Holdings Group Ltd, formerly Sheng Ye Capital Ltd is a financial services provider, that offers accounts receivable financing and other related solutions in the People's Republic of China. The company also provides factoring and credit assessment services. It earns its revenue from the provision of factoring services, guarantee services, information technology services, consulting services, and other services to customers in the People's Republic of China.
Executives
Tung Chi Fung 2307 Founder of a discretionary trust who can infl
Eander Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Wisdom Cosmos Limited 2101 Beneficial owner
Xitong International Holdings (hk) Limited 2101 Beneficial owner
Wu Xi Shi Jiao Tong Chan Ye Ji Tuan You Xian Gong Si 2201 Interest of corporation controlled by you

SY Holdings Group (HKSE:06069) Headlines

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