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CAOVF (China Overseas Land & Investment) Debt-to-EBITDA : 7.69 (As of Jun. 2024)


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What is China Overseas Land & Investment Debt-to-EBITDA?

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

China Overseas Land & Investment's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $5,482 Mil. China Overseas Land & Investment's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was $29,887 Mil. China Overseas Land & Investment's annualized EBITDA for the quarter that ended in Jun. 2024 was $4,598 Mil. China Overseas Land & Investment's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 7.69.

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 China Overseas Land & Investment's Debt-to-EBITDA or its related term are showing as below:

CAOVF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.17   Med: 2.98   Max: 8.83
Current: 8.83

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Overseas Land & Investment was 8.83. The lowest was 2.17. And the median was 2.98.

CAOVF's Debt-to-EBITDA is ranked worse than
63.62% of 1259 companies
in the Real Estate industry
Industry Median: 6.07 vs CAOVF: 8.83

China Overseas Land & Investment Debt-to-EBITDA Historical Data

The historical data trend for China Overseas Land & Investment'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.

China Overseas Land & Investment Debt-to-EBITDA Chart

China Overseas Land & Investment Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 3.77 7.20 6.14 8.87

China Overseas Land & Investment Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 11.94 6.20 5.94 7.69 11.37

Competitive Comparison of China Overseas Land & Investment's Debt-to-EBITDA

For the Real Estate - Development subindustry, China Overseas Land & Investment'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.


China Overseas Land & Investment's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Overseas Land & Investment's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Overseas Land & Investment's Debt-to-EBITDA falls into.


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China Overseas Land & Investment Debt-to-EBITDA Calculation

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

China Overseas Land & Investment'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
=(5750.891 + 30483.22) / 5903.586
=6.14

China Overseas Land & Investment's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5482.07 + 29886.793) / 4597.542
=7.69

* 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 (Jun. 2024) EBITDA data.


China Overseas Land & Investment  (OTCPK:CAOVF) 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.


China Overseas Land & Investment Debt-to-EBITDA Related Terms

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


China Overseas Land & Investment Business Description

Traded in Other Exchanges
Address
1 Queen's Road East, 10th Floor, Three Pacific Place, Hong Kong, HKG
China Overseas Land & Investment, or COLI, is a large real estate developer in China. Property development accounts for most of the core earnings, with operating scale among the top five of all peers regarding contracted sales. In addition to property development, COLI has actively grown its commercial property portfolio, with a dual focus on offices and shopping malls for recurring income. COLI is a subsidiary of China State Construction Engineering, China's largest construction firm. It also holds about a 40% stake in China Overseas Grand Oceans, a real estate developer focusing on lower-tier cities in China.