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Zhuguang Holdings Group Co (HKSE:01176) Debt-to-EBITDA : -31.50 (As of Dec. 2023)


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What is Zhuguang Holdings Group Co Debt-to-EBITDA?

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

Zhuguang Holdings Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8,512 Mil. Zhuguang Holdings Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5,337 Mil. Zhuguang Holdings Group Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-440 Mil. Zhuguang Holdings Group Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -31.50.

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 Zhuguang Holdings Group Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:01176' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.5   Med: 7.89   Max: 54.61
Current: 54.61

During the past 13 years, the highest Debt-to-EBITDA Ratio of Zhuguang Holdings Group Co was 54.61. The lowest was 3.50. And the median was 7.89.

HKSE:01176's Debt-to-EBITDA is ranked worse than
94.85% of 1262 companies
in the Real Estate industry
Industry Median: 5.755 vs HKSE:01176: 54.61

Zhuguang Holdings Group Co Debt-to-EBITDA Historical Data

The historical data trend for Zhuguang Holdings Group 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.

Zhuguang Holdings Group Co Debt-to-EBITDA Chart

Zhuguang Holdings Group 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 6.38 3.50 9.72 42.22 50.42

Zhuguang Holdings Group 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 13.17 34.66 129.25 15.61 -31.50

Competitive Comparison of Zhuguang Holdings Group Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Zhuguang Holdings Group 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.


Zhuguang Holdings Group Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhuguang Holdings Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zhuguang Holdings Group Co's Debt-to-EBITDA falls into.



Zhuguang Holdings Group Co Debt-to-EBITDA Calculation

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

Zhuguang Holdings Group 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
=(8512.21 + 5336.587) / 274.656
=50.42

Zhuguang Holdings Group 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
=(8512.21 + 5336.587) / -439.688
=-31.50

* 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.


Zhuguang Holdings Group Co  (HKSE:01176) 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.


Zhuguang Holdings Group Co Debt-to-EBITDA Related Terms

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


Zhuguang Holdings Group Co (HKSE:01176) Business Description

Traded in Other Exchanges
N/A
Address
8 Finance Street, Room 5702-5703, 57th Floor, Two International Finance Centre, Central, Hong Kong, HKG
Zhuguang Holdings Group Co Ltd engages in property development, property investment, project management, and other property development related services in the People's Republic of China. The company's core investment projects take place in tier-one and tier-two cities in China. The group's key projects include Zhuguang Yujing Scenic Garden, Pearl Yijing, Pearl Tianhu Yujing Garden, Zhuguang Financial Town One, Pearl Xincheng Yujing, and many others. The sale of properties from the Property Development Segment are responsible for most of the company's revenue. The company earns its revenue in both Hong Kong and Mainland China.

Zhuguang Holdings Group Co (HKSE:01176) Headlines

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