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CSI Properties (HKSE:00497) Debt-to-EBITDA : 14.25 (As of Sep. 2023)


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What is CSI Properties Debt-to-EBITDA?

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

CSI Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2,706.2 Mil. CSI Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$8,004.5 Mil. CSI Properties's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$751.9 Mil. CSI Properties's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 14.24.

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 CSI Properties's Debt-to-EBITDA or its related term are showing as below:

HKSE:00497' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.58   Med: 7   Max: 15.81
Current: 11.28

During the past 13 years, the highest Debt-to-EBITDA Ratio of CSI Properties was 15.81. The lowest was 3.58. And the median was 7.00.

HKSE:00497's Debt-to-EBITDA is ranked worse than
71.41% of 1252 companies
in the Real Estate industry
Industry Median: 6.01 vs HKSE:00497: 11.28

CSI Properties Debt-to-EBITDA Historical Data

The historical data trend for CSI Properties'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.

CSI Properties Debt-to-EBITDA Chart

CSI Properties 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 9.54 6.71 15.81 6.73 12.21

CSI Properties 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 18.75 4.24 19.29 9.73 14.25

Competitive Comparison of CSI Properties's Debt-to-EBITDA

For the Real Estate Services subindustry, CSI Properties'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.


CSI Properties's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CSI Properties's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CSI Properties's Debt-to-EBITDA falls into.



CSI Properties Debt-to-EBITDA Calculation

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

CSI Properties'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
=(2064.162 + 9087.739) / 913.642
=12.21

CSI Properties'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
=(2706.196 + 8004.482) / 751.914
=14.24

* 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.


CSI Properties  (HKSE:00497) 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.


CSI Properties Debt-to-EBITDA Related Terms

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


CSI Properties (HKSE:00497) Business Description

Traded in Other Exchanges
N/A
Address
12 Harcourt Road, 31st Floor, Bank of America Tower, Central, Hong Kong, HKG
CSI Properties Ltd is an investment holding company. The company's operating segment includes Commercial property holding; Residential property holding; Macau property holding and Securities investment. It generates maximum revenue from the Commercial property holding segment. Geographically, the group's operations are mainly located in Hong Kong, the PRC, and Macau.
Executives
Digisino Assets Limited 2201 Interest of corporation controlled by you
Chung Cho Yee Mico 2201 Interest of corporation controlled by you

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