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Sands China (Sands China) Debt-to-EBITDA : 3.46 (As of Dec. 2023)


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What is Sands China Debt-to-EBITDA?

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

Sands China's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16 Mil. Sands China's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $8,312 Mil. Sands China's annualized EBITDA for the quarter that ended in Dec. 2023 was $2,408 Mil. Sands China's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 3.46.

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 Sands China's Debt-to-EBITDA or its related term are showing as below:

SCHYY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -23.93   Med: 1.85   Max: 318.56
Current: 4.06

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sands China was 318.56. The lowest was -23.93. And the median was 1.85.

SCHYY's Debt-to-EBITDA is ranked worse than
59.61% of 619 companies
in the Travel & Leisure industry
Industry Median: 2.87 vs SCHYY: 4.06

Sands China Debt-to-EBITDA Historical Data

The historical data trend for Sands China'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.

Sands China Debt-to-EBITDA Chart

Sands China 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 1.88 -12.31 318.56 -23.93 4.07

Sands China 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 -27.46 -22.32 -21.93 5.36 3.46

Competitive Comparison of Sands China's Debt-to-EBITDA

For the Resorts & Casinos subindustry, Sands China'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.


Sands China's Debt-to-EBITDA Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Sands China's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sands China's Debt-to-EBITDA falls into.



Sands China Debt-to-EBITDA Calculation

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

Sands China'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
=(16 + 8312) / 2047
=4.07

Sands China'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
=(16 + 8312) / 2408
=3.46

* 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.


Sands China  (OTCPK:SCHYY) 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.


Sands China Debt-to-EBITDA Related Terms

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


Sands China (Sands China) Business Description

Traded in Other Exchanges
Address
Estrada da Baia de Nossa Senhora da Esperanca, The Venetian Macao, Executive Offices, L2, Taipa, MAC
Sands China operates integrated resorts and casinos in Macao. Its properties include Sands Macao, the Venetian Macao, the Plaza Macao, the Londoner, and the Parisian Macao. It has about 24% market share in the Macao gaming sector in terms of gross gaming revenue as of the prepandemic 2019 levels. Las Vegas Sands has a 70% stake in Sands China.