Fortune Sun (China) Holdings (HKSE:00352) Debt-to-EBITDA : -0.99 (As of Dec. 2023)

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What is Fortune Sun (China) Holdings Debt-to-EBITDA?

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

Fortune Sun (China) Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.50 Mil. Fortune Sun (China) Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$10.94 Mil. Fortune Sun (China) Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-11.55 Mil. Fortune Sun (China) Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.99.

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 Fortune Sun (China) Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00352' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.23 Med: -1.05 Max: 5.64
Current: -1.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of Fortune Sun (China) Holdings was 5.64. The lowest was -2.23. And the median was -1.05.

HKSE:00352's Debt-to-EBITDA is ranked worse than
100% of 1262 companies
in the Real Estate industry
Industry Median: 5.755 vs HKSE:00352: -1.16

Fortune Sun (China) Holdings Debt-to-EBITDA Historical Data

The historical data trend for Fortune Sun (China) Holdings'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.

Fortune Sun (China) Holdings Debt-to-EBITDA Chart

Fortune Sun (China) Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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-0.04

5.64

-2.23

-0.80

-1.29

Fortune Sun (China) Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	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															-0.86	-0.28	-0.53	-1.44	-0.99

Competitive Comparison of Fortune Sun (China) Holdings's Debt-to-EBITDA

For the Real Estate Services subindustry, Fortune Sun (China) Holdings'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.

Fortune Sun (China) Holdings's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Fortune Sun (China) Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Fortune Sun (China) Holdings's Debt-to-EBITDA falls into.

Fortune Sun (China) Holdings Debt-to-EBITDA Calculation

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

Fortune Sun (China) Holdings'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
	=	(0.502	+	10.935)	/	-8.877
	=	-1.29

Fortune Sun (China) Holdings'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
	=	(0.502	+	10.935)	/	-11.552
	=	-0.99

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.

Fortune Sun (China) Holdings (HKSE:00352) 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.

Fortune Sun (China) Holdings Debt-to-EBITDA Related Terms

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

Fortune Sun (China) Holdings (HKSE:00352) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Fortune Sun (China) Holdings Ltd (HKSE:00352) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 1500 Century Avenue, Unit 901, 9th Floor, Orient Building, Pudong New District, Shanghai, CHN, 200122

Website

http://www.fortune-sun.com

Fortune Sun (China) Holdings Ltd operates as an investment holding company. The firm operates a single business segment which is the provision of property consultancy and sales agency services for the primary property market in China. It specializes in diversified business models, such as real estate leasing, management, administration, sales, development, joint-building, buyout, and underwriting. Its geographical segments are China and Cambodia, of which nearly all of its revenues come from China.

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