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EverChina Int'l Holdings Co (HKSE:00202) Debt-to-EBITDA : -0.88 (As of Sep. 2023)


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What is EverChina Int'l Holdings Co Debt-to-EBITDA?

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

EverChina Int'l Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$255.5 Mil. EverChina Int'l Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.6 Mil. EverChina Int'l Holdings Co's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-292.3 Mil. EverChina Int'l Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.88.

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 EverChina Int'l Holdings Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:00202' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.29   Med: -1.92   Max: 5.59
Current: -0.97

During the past 13 years, the highest Debt-to-EBITDA Ratio of EverChina Int'l Holdings Co was 5.59. The lowest was -9.29. And the median was -1.92.

HKSE:00202's Debt-to-EBITDA is ranked worse than
100% of 411 companies
in the Conglomerates industry
Industry Median: 3.37 vs HKSE:00202: -0.97

EverChina Int'l Holdings Co Debt-to-EBITDA Historical Data

The historical data trend for EverChina Int'l Holdings Co'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.

EverChina Int'l Holdings Co Debt-to-EBITDA Chart

EverChina Int'l Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.70 -1.91 -9.29 -2.67 -2.21

EverChina Int'l Holdings Co Semi-Annual Data
Mar14 Sep14 Mar15 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 Premium Member Only -28.62 -1.23 -7.85 -1.21 -0.88

Competitive Comparison of EverChina Int'l Holdings Co's Debt-to-EBITDA

For the Conglomerates subindustry, EverChina Int'l Holdings Co'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.


EverChina Int'l Holdings Co's Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, EverChina Int'l Holdings Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where EverChina Int'l Holdings Co's Debt-to-EBITDA falls into.



EverChina Int'l Holdings Co Debt-to-EBITDA Calculation

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

EverChina Int'l Holdings Co's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(285.895 + 0) / -129.616
=-2.21

EverChina Int'l Holdings Co'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
=(255.504 + 0.578) / -292.294
=-0.88

* 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.


EverChina Int'l Holdings Co  (HKSE:00202) 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.


EverChina Int'l Holdings Co Debt-to-EBITDA Related Terms

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


EverChina Int'l Holdings Co (HKSE:00202) Business Description

Traded in Other Exchanges
N/A
Address
151 Gloucester Road, Capital Centre, Unit 1506, 15th Floor, Wanchai, Hong Kong, HKG
EverChina Int'l Holdings Co Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property investment operation; Hotel operation; Securities investment and financing operation; Resources operation and Agricultural operation. Property investment operation segment is engaged in the leasing of rental property in PRC and Hong Kong. Agricultural operation segment is engaged in the agricultural farming, cattle raising and sales of cattle, soybean, corn, and rice in the Plurinational State of Bolivia. It generates maximum revenue from the Agricultural operation segment. Geographically, it derives a majority of revenue from Bolivia.

EverChina Int'l Holdings Co (HKSE:00202) Headlines

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