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Hang Lung Group (Hang Lung Group) Debt-to-EBITDA : 8.03 (As of Dec. 2023)


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What is Hang Lung Group Debt-to-EBITDA?

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

Hang Lung Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $572 Mil. Hang Lung Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5,955 Mil. Hang Lung Group's annualized EBITDA for the quarter that ended in Dec. 2023 was $813 Mil. Hang Lung Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 8.03.

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

HNLGY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -53.71   Med: 2.94   Max: 7.08
Current: 7.08

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hang Lung Group was 7.08. The lowest was -53.71. And the median was 2.94.

HNLGY's Debt-to-EBITDA is ranked worse than
56.91% of 1267 companies
in the Real Estate industry
Industry Median: 5.55 vs HNLGY: 7.08

Hang Lung Group Debt-to-EBITDA Historical Data

The historical data trend for Hang Lung 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.

Hang Lung Group Debt-to-EBITDA Chart

Hang Lung Group 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 1.74 -53.71 5.96 6.72 7.00

Hang Lung Group 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 6.57 6.44 7.03 5.93 8.03

Competitive Comparison of Hang Lung Group's Debt-to-EBITDA

For the Real Estate Services subindustry, Hang Lung 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.


Hang Lung Group's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Hang Lung Group Debt-to-EBITDA Calculation

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

Hang Lung 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
=(571.59 + 5954.954) / 932.802
=7.00

Hang Lung 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
=(571.59 + 5954.954) / 812.568
=8.03

* 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.


Hang Lung Group  (OTCPK:HNLGY) 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.


Hang Lung Group Debt-to-EBITDA Related Terms

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


Hang Lung Group (Hang Lung Group) Business Description

Traded in Other Exchanges
Address
4 Des Voeux Road Central, 28th Floor, Standard Chartered Bank Building, Hong Kong, HKG
Hang Lung Group Ltd is an investment holding company engaged in the property leasing business. The Company operates its business through two segments. The Property Leasing segment engages in the property leasing operation. The Company's investment properties portfolio consists of retail, office, residential, serviced apartments, and car parks, located in mainland China and Hong Kong, and the Property Sales segment engages in the development and sale of trading properties in mainland China and Hong Kong. It derives a majority of its revenue from the property leasing segment.

Hang Lung Group (Hang Lung Group) Headlines