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China Communications Services (HKSE:00552) Debt-to-EBITDA : 0.65 (As of Dec. 2023)


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What is China Communications Services Debt-to-EBITDA?

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

China Communications Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,417 Mil. China Communications Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,184 Mil. China Communications Services's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$4,002 Mil. China Communications Services's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.65.

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 China Communications Services's Debt-to-EBITDA or its related term are showing as below:

HKSE:00552' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.02   Med: 0.22   Max: 0.56
Current: 0.56

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Communications Services was 0.56. The lowest was 0.02. And the median was 0.22.

HKSE:00552's Debt-to-EBITDA is ranked better than
83.17% of 315 companies
in the Telecommunication Services industry
Industry Median: 2.23 vs HKSE:00552: 0.56

China Communications Services Debt-to-EBITDA Historical Data

The historical data trend for China Communications Services'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.

China Communications Services Debt-to-EBITDA Chart

China Communications Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.32 0.38 0.46 0.45 0.40

China Communications Services 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 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 0.79 0.56 0.75 0.52 0.65

Competitive Comparison of China Communications Services's Debt-to-EBITDA

For the Telecom Services subindustry, China Communications Services'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.


China Communications Services's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Communications Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Communications Services's Debt-to-EBITDA falls into.



China Communications Services Debt-to-EBITDA Calculation

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

China Communications Services'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
=(1416.725 + 1183.938) / 6448.261
=0.40

China Communications Services'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
=(1416.725 + 1183.938) / 4001.504
=0.65

* 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 (Dec. 2023) EBITDA data.


China Communications Services  (HKSE:00552) 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.


China Communications Services Debt-to-EBITDA Related Terms

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


China Communications Services (HKSE:00552) Business Description

Traded in Other Exchanges
Address
Fenghuangzui Street, Block No. 1, Compound No. 1, Fengtai District, Beijing, CHN, 100073
China Communications Services Corp Ltd is active in the technology sector. It provides integrated comprehensive solutions for the informatization and digitalization sector. It provides integrated solutions, including telecommunications infrastructure services, business process outsourcing services as well as applications, content, and other services to telecommunications operators, government agencies, industrial customers, and small-and-medium enterprises.

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