Flowing Cloud Technology (HKSE:06610) Debt-to-EBITDA : 0.32 (As of Dec. 2023)

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What is Flowing Cloud Technology Debt-to-EBITDA?

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

Flowing Cloud Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$107 Mil. Flowing Cloud Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1 Mil. Flowing Cloud Technology's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$332 Mil. Flowing Cloud Technology's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.32.

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

HKSE:06610' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.27 Med: 0.31 Max: 0.5
Current: 0.36

During the past 5 years, the highest Debt-to-EBITDA Ratio of Flowing Cloud Technology was 0.50. The lowest was 0.27. And the median was 0.31.

HKSE:06610's Debt-to-EBITDA is ranked better than
70.03% of 1598 companies
in the Software industry
Industry Median: 1.06 vs HKSE:06610: 0.36

Flowing Cloud Technology Debt-to-EBITDA Historical Data

The historical data trend for Flowing Cloud Technology'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.

Flowing Cloud Technology Debt-to-EBITDA Chart

Flowing Cloud Technology Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

0.32

0.50

0.27

0.31

Flowing Cloud Technology Semi-Annual Data
	Dec19	Dec20	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-	0.26	0.43	0.32

Competitive Comparison of Flowing Cloud Technology's Debt-to-EBITDA

For the Software - Application subindustry, Flowing Cloud Technology'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.

Flowing Cloud Technology's Debt-to-EBITDA Distribution in the Software Industry

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

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

Flowing Cloud Technology Debt-to-EBITDA Calculation

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

Flowing Cloud Technology'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
	=	(106.638	+	0.984)	/	348.918
	=	0.31

Flowing Cloud Technology'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
	=	(106.638	+	0.984)	/	332.116
	=	0.32

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.

Flowing Cloud Technology (HKSE:06610) 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.

Flowing Cloud Technology Debt-to-EBITDA Related Terms

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

Flowing Cloud Technology (HKSE:06610) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Flowing Cloud Technology Ltd (HKSE:06610) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Guangqulu No. 3, Shop 8, Jingyuan Art Center, Chaoyang District, Beijing, CHN

Website

https://www.flowingcloud.com

Flowing Cloud Technology Ltd is a supplier of the Metaverse scene application tier in China. It is a leading smart marketing technology service provider in China. It uses AR/VR engine, AI behavior algorithm, cloud computing and other technical capabilities to empower the business development of enterprises in various vertical industries such as e-commerce, education, and cultural tourism.

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