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Sino-Ocean Group Holding (HKSE:03377) Debt-to-EBITDA : -5,585.97 (As of Dec. 2023)


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What is Sino-Ocean Group Holding Debt-to-EBITDA?

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

Sino-Ocean Group Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$76,457 Mil. Sino-Ocean Group Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$30,861 Mil. Sino-Ocean Group Holding's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-19 Mil. Sino-Ocean Group Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -5,585.97.

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 Sino-Ocean Group Holding's Debt-to-EBITDA or its related term are showing as below:

HKSE:03377' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.63   Med: 6.12   Max: 9.62
Current: -6.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sino-Ocean Group Holding was 9.62. The lowest was -7.63. And the median was 6.12.

HKSE:03377's Debt-to-EBITDA is ranked worse than
100% of 1265 companies
in the Real Estate industry
Industry Median: 5.75 vs HKSE:03377: -6.12

Sino-Ocean Group Holding Debt-to-EBITDA Historical Data

The historical data trend for Sino-Ocean Group Holding'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.

Sino-Ocean Group Holding Debt-to-EBITDA Chart

Sino-Ocean Group Holding 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 6.43 6.69 7.58 -7.63 -6.27

Sino-Ocean Group Holding 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 6.55 15.36 -3.01 -2.93 -5,585.97

Competitive Comparison of Sino-Ocean Group Holding's Debt-to-EBITDA

For the Real Estate - Development subindustry, Sino-Ocean Group Holding'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.


Sino-Ocean Group Holding's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Sino-Ocean Group Holding's Debt-to-EBITDA falls into.



Sino-Ocean Group Holding Debt-to-EBITDA Calculation

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

Sino-Ocean Group Holding'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
=(76456.769 + 30860.8) / -17109.526
=-6.27

Sino-Ocean Group Holding'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
=(76456.769 + 30860.8) / -19.212
=-5,585.97

* 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.


Sino-Ocean Group Holding  (HKSE:03377) 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.


Sino-Ocean Group Holding Debt-to-EBITDA Related Terms

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


Sino-Ocean Group Holding (HKSE:03377) Business Description

Traded in Other Exchanges
Address
56 Dongsihuanzhonglu, 31-33 Floor, Tower A, Ocean International Center, Chaoyang District, Beijing, CHN, 100025
Sino-Ocean Group Holding Ltd is a real estate company engaged in property development and property investment in China. The company focuses on mid-to-high-end residential property development, investment, and operation of urban property complexes and offices, property services, community O2O, senior living, medical care, shared offices, real estate funds, equity investments, asset management, and overseas investments. It operates in three segments; property development, property management, and property investment. Property development businesses are further segregated geographically into Beijing, Bohai Rim Region, Eastern China, Southern China, Central China, and Western China.

Sino-Ocean Group Holding (HKSE:03377) Headlines

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