Evergrande Property Services Group (HKSE:06666) Debt-to-EBITDA : 0.06 (As of Dec. 2023)

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What is Evergrande Property Services Group Debt-to-EBITDA?

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

Evergrande Property Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$112 Mil. Evergrande Property Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$20 Mil. Evergrande Property Services Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$2,378 Mil. Evergrande Property Services Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.06.

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

HKSE:06666' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 0.22 Max: 2.89
Current: 0.06

During the past 7 years, the highest Debt-to-EBITDA Ratio of Evergrande Property Services Group was 2.89. The lowest was 0.01. And the median was 0.22.

HKSE:06666's Debt-to-EBITDA is ranked better than
96.6% of 1266 companies
in the Real Estate industry
Industry Median: 5.745 vs HKSE:06666: 0.06

Evergrande Property Services Group Debt-to-EBITDA Historical Data

The historical data trend for Evergrande Property 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.

Evergrande Property Services Group Debt-to-EBITDA Chart

Evergrande Property Services Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.02

0.01

2.89

0.22

0.05

Evergrande Property Services Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial							-0.11	0.30	0.24	0.21	0.06

Competitive Comparison of Evergrande Property Services Group's Debt-to-EBITDA

For the Real Estate Services subindustry, Evergrande Property 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.

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

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

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

Evergrande Property Services Group Debt-to-EBITDA Calculation

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

Evergrande Property 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
	=	(111.932	+	19.886)	/	2563.258
	=	0.05

Evergrande Property 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
	=	(111.932	+	19.886)	/	2377.866
	=	0.06

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.

Evergrande Property Services Group (HKSE:06666) 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.

Evergrande Property Services Group Debt-to-EBITDA Related Terms

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

Evergrande Property Services Group (HKSE:06666) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Evergrande Property Services Group Ltd (HKSE:06666) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

EVGPF:USA

Address

No. 78, Huangpu Avenue West, Third Compartment of Room 3101, Tianhe District, Guangdong, Guangzhou, CHN, 510660

Website

https://www.evergrandeservice.com

Evergrande Property Services Group Ltd is a property management service providers in China. It manages a diverse portfolio of properties, including mid- to high-end residential properties, office buildings and commercial properties. Further, it also manages other types of properties such as theme parks, industrial parks, healthcare complexes, themed towns and schools, among others.

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