EGRNF (China Evergrande Group) Debt-to-EBITDA : -16.52 (As of Jun. 2023)

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EGRNF China Evergrande Group EGRNF
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What is China Evergrande Group Debt-to-EBITDA?

China Evergrande Group EGRNF 12 Debt-to-EBITDA is -16.52 as of Jun. 2023. GuruFocus rates EGRNF with a GF Score™ of 12/100.

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

China Evergrande Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $81,314 Mil. China Evergrande Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $6,048 Mil. China Evergrande Group's annualized EBITDA for the quarter that ended in Jun. 2023 was $-5,289 Mil. China Evergrande Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -16.52.

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

EGRNF's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 5.63
* Ranked among companies with meaningful Debt-to-EBITDA only.

China Evergrande Group  (OTCPK:EGRNF) 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 Evergrande Group Debt-to-EBITDA Related Terms


China Evergrande Group Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for China Evergrande 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.

China Evergrande Group Debt-to-EBITDA Chart

China Evergrande Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.90 8.34 8.37 -0.95 -8.63

China Evergrande Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -16.27 -0.48 -6.32 -9.56 -16.52

China Evergrande Group Debt-to-EBITDA Competitor Comparison

For the Real Estate - Development subindustry, China Evergrande 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.


China Evergrande Group Debt-to-EBITDA vs Real Estate Industry

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

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


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China Evergrande Group EGRNF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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China Evergrande Group Debt-to-EBITDA Calculation

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

China Evergrande Group's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(84215.184 + 3624.367) / -10176.284
=-8.63

China Evergrande Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(81313.71 + 6047.7) / -5288.91
=-16.52

* 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. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -16.52 mean?
China Evergrande Group (EGRNF) has a Debt-to-EBITDA of -16.52 as of Jun. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on China Evergrande Group.
Is China Evergrande Group's Debt-to-EBITDA too high?
China Evergrande Group's current Debt-to-EBITDA is -16.52. Overall, China Evergrande Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does China Evergrande Group's Debt-to-EBITDA compare to competitors?
China Evergrande Group's Debt-to-EBITDA of -16.52 can be compared against companies in the Real Estate industry. The industry median Debt-to-EBITDA is 5.63. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Real Estate company?
The median Debt-to-EBITDA among Real Estate companies is 5.63, based on 1,271 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on China Evergrande Group. For the Real Estate industry, the median Debt-to-EBITDA is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. China Evergrande Group's current Debt-to-EBITDA is -16.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is China Evergrande Group stock overvalued right now?
China Evergrande Group (EGRNF) has a current Debt-to-EBITDA of -16.52. The current Debt-to-EBITDA is -16.52. China Evergrande Group's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For China Evergrande Group (EGRNF), the current Debt-to-EBITDA is -16.52 as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

China Evergrande Group Business Description

Address Number. 78 Huangpu Avenue West, Tianhe District, Guangdong Province, Guangzhou, CHN, 510620
China Evergrande Group is engaged in the property development, property investment, property management, new energy vehicle business, cultural tourism business and health industry business principally in the People's Republic of China. The company is organized into four business segments: property development, property investment, property management and other businesses. Other businesses mainly include new energy vehicle business, cultural tourism business, health industry business and investment business.
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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