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AVIC Joy Holdings (HK) (HKSE:00260) Debt-to-EBITDA : 154.03 (As of Jun. 2022)


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What is AVIC Joy Holdings (HK) Debt-to-EBITDA?

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

AVIC Joy Holdings (HK)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was HK$264.95 Mil. AVIC Joy Holdings (HK)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2022 was HK$811.74 Mil. AVIC Joy Holdings (HK)'s annualized EBITDA for the quarter that ended in Jun. 2022 was HK$6.99 Mil. AVIC Joy Holdings (HK)'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 was 154.03.

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 AVIC Joy Holdings (HK)'s Debt-to-EBITDA or its related term are showing as below:

HKSE:00260's Debt-to-EBITDA is not ranked *
in the Conglomerates industry.
Industry Median: 3.3
* Ranked among companies with meaningful Debt-to-EBITDA only.

AVIC Joy Holdings (HK) Debt-to-EBITDA Historical Data

The historical data trend for AVIC Joy Holdings (HK)'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.

AVIC Joy Holdings (HK) Debt-to-EBITDA Chart

AVIC Joy Holdings (HK) Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16.34 -3.85 -2.76 -6.30 150.72

AVIC Joy Holdings (HK) Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 -3.42 230.34 1,129.53 80.56 154.03

Competitive Comparison of AVIC Joy Holdings (HK)'s Debt-to-EBITDA

For the Conglomerates subindustry, AVIC Joy Holdings (HK)'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.


AVIC Joy Holdings (HK)'s Debt-to-EBITDA Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, AVIC Joy Holdings (HK)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where AVIC Joy Holdings (HK)'s Debt-to-EBITDA falls into.



AVIC Joy Holdings (HK) Debt-to-EBITDA Calculation

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

AVIC Joy Holdings (HK)'s Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1081.968 + 0.786) / 7.184
=150.72

AVIC Joy Holdings (HK)'s annualized Debt-to-EBITDA for the quarter that ended in Jun. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(264.952 + 811.739) / 6.99
=154.03

* 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. 2022) EBITDA data.


AVIC Joy Holdings (HK)  (HKSE:00260) 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.


AVIC Joy Holdings (HK) Debt-to-EBITDA Related Terms

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


AVIC Joy Holdings (HK) (HKSE:00260) Business Description

Traded in Other Exchanges
N/A
Address
1 Austin Road West, Unit 1905A, Level 19, International Commerce Centre, Kowloon, HKG
AVIC Joy Holdings (HK) Ltd is an investment holding company. The company's operating segment includes Management and operation of Light Emitting Diode and Energy Management Contracts; Provision of finance lease and loan services and properties investment; and Provision of land development services and sale of construction materials.

AVIC Joy Holdings (HK) (HKSE:00260) Headlines

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