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Carnival Group International Holdings (Carnival Group International Holdings) Debt-to-EBITDA : -56.69 (As of Jun. 2021)


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What is Carnival Group International Holdings Debt-to-EBITDA?

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

Carnival Group International Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $1,092.40 Mil. Carnival Group International Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2021 was $1.70 Mil. Carnival Group International Holdings's annualized EBITDA for the quarter that ended in Jun. 2021 was $-19.30 Mil. Carnival Group International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 was -56.69.

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 Carnival Group International Holdings's Debt-to-EBITDA or its related term are showing as below:

CRNNF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -51.23   Med: -2.51   Max: 65.74
Current: -3.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Carnival Group International Holdings was 65.74. The lowest was -51.23. And the median was -2.51.

CRNNF's Debt-to-EBITDA is not ranked
in the Real Estate industry.
Industry Median: 5.66 vs CRNNF: -3.03

Carnival Group International Holdings Debt-to-EBITDA Historical Data

The historical data trend for Carnival Group International Holdings'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.

Carnival Group International Holdings Debt-to-EBITDA Chart

Carnival Group International Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.74 14.45 -3.01 -3.33 -3.23

Carnival Group International Holdings Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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 -2.59 -2.03 -66.74 -1.56 -56.69

Competitive Comparison of Carnival Group International Holdings's Debt-to-EBITDA

For the Real Estate - Development subindustry, Carnival Group International Holdings'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.


Carnival Group International Holdings's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Carnival Group International Holdings's Debt-to-EBITDA falls into.



Carnival Group International Holdings Debt-to-EBITDA Calculation

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

Carnival Group International Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1097.187 + 2.34) / -340.269
=-3.23

Carnival Group International Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1092.396 + 1.696) / -19.3
=-56.69

* 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. 2021) EBITDA data.


Carnival Group International Holdings  (GREY:CRNNF) 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.


Carnival Group International Holdings Debt-to-EBITDA Related Terms

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


Carnival Group International Holdings (Carnival Group International Holdings) Business Description

Traded in Other Exchanges
N/A
Address
61-65 Des Voeux Road, Suites 1106-08, 11th Floor, The Chinese Bank Building, Hong Kong, HKG
Carnival Group International Holdings Ltd is an investment holding company. It operates through four segments namely Property development and investment segment, which is the key revenue driver, includes developing residential and commercial properties in the PRC and Hong Kong for sales and leasing; Trading and investment business includes investing in securities and financial instruments; Hotel operations including hotel accommodation, food and banquet operations; Others providing retail-related consultancy, management services, operating kids edutainment center, touring carnival and operating restaurants in Hong Kong.

Carnival Group International Holdings (Carnival Group International Holdings) Headlines

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