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China Electronics Optics Valley Union Holding Co (HKSE:00798) Debt-to-EBITDA : 4.05 (As of Dec. 2023)


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What is China Electronics Optics Valley Union Holding Co Debt-to-EBITDA?

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

China Electronics Optics Valley Union Holding Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,823 Mil. China Electronics Optics Valley Union Holding Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5,035 Mil. China Electronics Optics Valley Union Holding Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$2,185 Mil. China Electronics Optics Valley Union Holding Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 4.05.

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 Electronics Optics Valley Union Holding Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:00798' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.53   Med: 4.36   Max: 6.25
Current: 6.25

During the past 11 years, the highest Debt-to-EBITDA Ratio of China Electronics Optics Valley Union Holding Co was 6.25. The lowest was 3.53. And the median was 4.36.

HKSE:00798's Debt-to-EBITDA is ranked worse than
52.18% of 1263 companies
in the Real Estate industry
Industry Median: 5.79 vs HKSE:00798: 6.25

China Electronics Optics Valley Union Holding Co Debt-to-EBITDA Historical Data

The historical data trend for China Electronics Optics Valley Union Holding 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.

China Electronics Optics Valley Union Holding Co Debt-to-EBITDA Chart

China Electronics Optics Valley Union Holding Co 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 4.20 5.59 4.19 5.81 5.82

China Electronics Optics Valley Union Holding Co 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 2.81 12.26 4.12 13.35 4.05

Competitive Comparison of China Electronics Optics Valley Union Holding Co's Debt-to-EBITDA

For the Real Estate Services subindustry, China Electronics Optics Valley Union Holding 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.


China Electronics Optics Valley Union Holding Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Electronics Optics Valley Union Holding Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Electronics Optics Valley Union Holding Co's Debt-to-EBITDA falls into.



China Electronics Optics Valley Union Holding Co Debt-to-EBITDA Calculation

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

China Electronics Optics Valley Union Holding Co'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
=(3822.735 + 5035.074) / 1522.7
=5.82

China Electronics Optics Valley Union Holding Co'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
=(3822.735 + 5035.074) / 2185.46
=4.05

* 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 Electronics Optics Valley Union Holding Co  (HKSE:00798) 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 Electronics Optics Valley Union Holding Co Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of China Electronics Optics Valley Union Holding Co's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


China Electronics Optics Valley Union Holding Co (HKSE:00798) Business Description

Traded in Other Exchanges
N/A
Address
16 Ye Zhi Hu West Road, Building No. 1, Higher Level, Creative Capital, Hongshan District, Hubei, Wuhan, CHN
China Electronics Optics Valley Union Holding Co Ltd is an investment holding company engaged in the development of properties. The segments are Industrial Park development services; industrial park operation services including design and construction services, property management services, leasing services, energy services, digital park (apartment) services, incubator and office sharing services, industrial park financial services as well as group catering and hotel services; and industrial investment this segment represents industrial-related industry investment businesses in various theme parks. The group's operations are located in Mainland China.

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