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Kinh Bac City Development Holding (STC:KBC) Debt-to-EBITDA : 17.75 (As of Mar. 2024)


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What is Kinh Bac City Development Holding Debt-to-EBITDA?

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

Kinh Bac City Development Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫469,073 Mil. Kinh Bac City Development Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₫3,534,245 Mil. Kinh Bac City Development Holding's annualized EBITDA for the quarter that ended in Mar. 2024 was ₫225,493 Mil. Kinh Bac City Development Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 17.75.

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 Kinh Bac City Development Holding's Debt-to-EBITDA or its related term are showing as below:

STC:KBC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.08   Med: 2.93   Max: 7.82
Current: 2.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of Kinh Bac City Development Holding was 7.82. The lowest was 1.08. And the median was 2.93.

STC:KBC's Debt-to-EBITDA is ranked better than
75.26% of 1265 companies
in the Real Estate industry
Industry Median: 5.75 vs STC:KBC: 2.27

Kinh Bac City Development Holding Debt-to-EBITDA Historical Data

The historical data trend for Kinh Bac City Development 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.

Kinh Bac City Development Holding Debt-to-EBITDA Chart

Kinh Bac City Development 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 1.19 7.82 3.04 3.33 1.08

Kinh Bac City Development Holding Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.11 0.86 9.17 2.37 17.75

Competitive Comparison of Kinh Bac City Development Holding's Debt-to-EBITDA

For the Real Estate Services subindustry, Kinh Bac City Development 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.


Kinh Bac City Development Holding's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Kinh Bac City Development Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kinh Bac City Development Holding's Debt-to-EBITDA falls into.



Kinh Bac City Development Holding Debt-to-EBITDA Calculation

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

Kinh Bac City Development 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
=(337323.251 + 3322049.864) / 3403344.803
=1.08

Kinh Bac City Development Holding's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(469072.519 + 3534244.956) / 225492.552
=17.75

* 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 four times the quarterly (Mar. 2024) EBITDA data.


Kinh Bac City Development Holding  (STC:KBC) 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.


Kinh Bac City Development Holding Debt-to-EBITDA Related Terms

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


Kinh Bac City Development Holding (STC:KBC) Business Description

Traded in Other Exchanges
N/A
Address
Lot B7, Que Vo Industrial Park, Phuong Lieu Commune, Que Vo District, Bac Ninh Province, Hanoi, VNM
Kinh Bac City Development Holding Corp is a real estate company. It is engaged in the investment, construction, development, and management of infrastructure projects such as industrial parks, offices, trade centers, hotels, and finance and other projects. The company generates revenue in the form of land lease, leasing and sales of premises, warehousing, clean water supply, electricity, wastewater treatment, non-service, and transferring real estate. The company operates only in Vietnam.

Kinh Bac City Development Holding (STC:KBC) Headlines

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