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Dexin Services Group (HKSE:02215) Debt-to-EBITDA : 1.91 (As of Dec. 2023)


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What is Dexin Services Group Debt-to-EBITDA?

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

Dexin Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$20 Mil. Dexin Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$11 Mil. Dexin Services Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$16 Mil. Dexin Services Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.91.

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

HKSE:02215' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03   Med: 0.31   Max: 0.83
Current: 0.32

During the past 6 years, the highest Debt-to-EBITDA Ratio of Dexin Services Group was 0.83. The lowest was 0.03. And the median was 0.31.

HKSE:02215's Debt-to-EBITDA is ranked better than
91.83% of 1248 companies
in the Real Estate industry
Industry Median: 5.99 vs HKSE:02215: 0.32

Dexin Services Group Debt-to-EBITDA Historical Data

The historical data trend for Dexin Services Group'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.

Dexin Services Group Debt-to-EBITDA Chart

Dexin Services Group Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.43 0.04 0.03 0.33 0.29

Dexin Services Group Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.04 0.23 0.56 0.18 1.91

Competitive Comparison of Dexin Services Group's Debt-to-EBITDA

For the Real Estate Services subindustry, Dexin Services Group'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.


Dexin Services Group's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Dexin Services Group Debt-to-EBITDA Calculation

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

Dexin Services Group'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
=(19.788 + 10.956) / 105.133
=0.29

Dexin Services Group'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
=(19.788 + 10.956) / 16.11
=1.91

* 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.


Dexin Services Group  (HKSE:02215) 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.


Dexin Services Group Debt-to-EBITDA Related Terms

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


Dexin Services Group (HKSE:02215) Business Description

Traded in Other Exchanges
N/A
Address
No. 2008-2010, Jinchang Road, Liangzhu Street, Room 488, Building 2, Zhejiang Province, Hangzhou, CHN
Dexin Services Group Ltd is a property management service provider in Zhejiang province. It provides a wide range of services for both residential and non-residential properties through three business lines, namely, property management services, value-added services to non-property owners, and community value-added services.
Executives
Guotai Junan Securities Co., Ltd. 2201 Interest of corporation controlled by you
Huaan Fund Management Co., Ltd Representing Huaan-hmtz-qdii-single Asset Management Plan And Huaan-ry-qdii-single Asset Management Plan 2501 Other
Hu Yiping
Shengfu International Limited
Wei Peifen
Kaibang International Limited
Hong Kong Mei Lun Int'l Co., Limited
Jin Liang
Shen Yuehua
Hua An Ji Jin Guan Li You Xian Gong Si Dai Biao Hua An Ji Jin Hua Mei Tou Zi Hua An Ji Jin Nan Dou W 2501 Other

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