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Differ Group Auto (HKSE:06878) Debt-to-EBITDA : 1,073.89 (As of Jun. 2023)


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What is Differ Group Auto Debt-to-EBITDA?

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

Differ Group Auto's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$2,335 Mil. Differ Group Auto's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$10 Mil. Differ Group Auto's annualized EBITDA for the quarter that ended in Jun. 2023 was HK$2 Mil. Differ Group Auto's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 1,073.89.

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

HKSE:06878' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -12.94   Med: 2.28   Max: 4.98
Current: -9.11

During the past 11 years, the highest Debt-to-EBITDA Ratio of Differ Group Auto was 4.98. The lowest was -12.94. And the median was 2.28.

HKSE:06878's Debt-to-EBITDA is ranked worse than
100% of 254 companies
in the Credit Services industry
Industry Median: 7.78 vs HKSE:06878: -9.11

Differ Group Auto Debt-to-EBITDA Historical Data

The historical data trend for Differ Group Auto'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.

Differ Group Auto Debt-to-EBITDA Chart

Differ Group Auto Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.34 3.70 2.07 1.76 -12.94

Differ Group Auto Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 6.55 1.03 5.85 -3.14 1,073.89

Competitive Comparison of Differ Group Auto's Debt-to-EBITDA

For the Credit Services subindustry, Differ Group Auto'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.


Differ Group Auto's Debt-to-EBITDA Distribution in the Credit Services Industry

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

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



Differ Group Auto Debt-to-EBITDA Calculation

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

Differ Group Auto's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1462.827 + 162.472) / -125.653
=-12.93

Differ Group Auto's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2334.982 + 10.391) / 2.184
=1,073.89

* 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 (Jun. 2023) EBITDA data.


Differ Group Auto  (HKSE:06878) 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.


Differ Group Auto Debt-to-EBITDA Related Terms

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


Differ Group Auto (HKSE:06878) Business Description

Traded in Other Exchanges
N/A
Address
No. 503 Gaolin Middle Road, 33th Floor, Differ Fortune Centre, Huli District, Fujian Province, Xiamen, CHN
Differ Group Auto Ltd, formerly Differ Group Holding Co Ltd provides finance leases to corporate customers, which are mainly small and medium enterprises, incorporated and operating in Mainland China. The reportable segments of the Group are, Financial services segment includes the provision of guarantee services, express loan services, consultancy services, finance lease services, financial securities services, and assets management in the PRC and Hong Kong; Property development and investment segment includes property development projects and property investment activities in the PRC; Trading of commodities segment includes trading of commodities in the PRC; and Automobile e-commerce includes online e-commerce platform in the automobile industry in the PRC.
Executives
Expert Corporate Limited
Hong Mingxian
Shi Hongjiao
Tianjin Binhai Rural Commercial Bank Corporation 2106 Person having a security interest in shares
Ng Chi Chung 2201 Interest of corporation controlled by you
Ting Pui Shan 2202 Interest of your spouse
Jpmorgan Chase & Co. 2201 Interest of corporation controlled by you
Ever Ultimate Limited 2101 Beneficial owner
Huatai Securities Co., Ltd. 2201 Interest of corporation controlled by you

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