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E-Star Commercial Management Co (HKSE:06668) Debt-to-EBITDA : 2.17 (As of Dec. 2023)


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What is E-Star Commercial Management Co Debt-to-EBITDA?

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

E-Star Commercial Management Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$39.6 Mil. E-Star Commercial Management Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$721.0 Mil. E-Star Commercial Management Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$351.3 Mil. E-Star Commercial Management Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.17.

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 E-Star Commercial Management Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:06668' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.26   Med: 0.5   Max: 2.67
Current: 2.15

During the past 7 years, the highest Debt-to-EBITDA Ratio of E-Star Commercial Management Co was 2.67. The lowest was 0.26. And the median was 0.50.

HKSE:06668's Debt-to-EBITDA is ranked better than
76.48% of 1250 companies
in the Real Estate industry
Industry Median: 6.035 vs HKSE:06668: 2.15

E-Star Commercial Management Co Debt-to-EBITDA Historical Data

The historical data trend for E-Star Commercial Management 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.

E-Star Commercial Management Co Debt-to-EBITDA Chart

E-Star Commercial Management Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.50 0.39 0.26 2.67 2.15

E-Star Commercial Management Co Semi-Annual Data
Dec17 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 Premium Member Only 0.24 2.41 2.90 2.14 2.17

Competitive Comparison of E-Star Commercial Management Co's Debt-to-EBITDA

For the Real Estate Services subindustry, E-Star Commercial Management 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.


E-Star Commercial Management Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, E-Star Commercial Management Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where E-Star Commercial Management Co's Debt-to-EBITDA falls into.



E-Star Commercial Management Co Debt-to-EBITDA Calculation

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

E-Star Commercial Management 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
=(39.597 + 721.025) / 354.003
=2.15

E-Star Commercial Management 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
=(39.597 + 721.025) / 351.268
=2.17

* 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.


E-Star Commercial Management Co  (HKSE:06668) 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.


E-Star Commercial Management Co Debt-to-EBITDA Related Terms

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


E-Star Commercial Management Co (HKSE:06668) Business Description

Traded in Other Exchanges
N/A
Address
1 Yabao Road, 32nd Floor, Building A Galaxy World, Longgang District, Guangdong Province, Shenzhen, CHN, 518000
E-Star Commercial Management Co Ltd is a commercial operational service provider in China with business lines including, positioning, construction consultancy and tenant sourcing services including market positioning, business planning consultancy, design and construction consultancy and tenant sourcing services; operational management services including formulating operation strategies, conducting marketing and promotional events, tenant management services, property management services and rent collection services; property leasing services including sublease of commercial spaces; and value-added services including management of common areas in the shopping centers and management of advertising spaces, such as LED boards and interior and exterior facades of the shopping centers.
Executives
Virtue Investment Development Limited 2101 Beneficial owner
Huang Chu-long
Go Star Investment Holding Limited 2201 Interest of corporation controlled by you
Long Harmony Holding Limited 2201 Interest of corporation controlled by you
Tmf (cayman) Ltd. 2301 Trustee
Huang De-lin Benny 2101 Beneficial owner
Central Huijin Investment Ltd. 2201 Interest of corporation controlled by you

E-Star Commercial Management Co (HKSE:06668) Headlines

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