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Green Giant (Green Giant) Debt-to-EBITDA : -9.34 (As of Dec. 2023)


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What is Green Giant Debt-to-EBITDA?

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

Green Giant's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Green Giant's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $108.57 Mil. Green Giant's annualized EBITDA for the quarter that ended in Dec. 2023 was $-11.62 Mil. Green Giant's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -9.34.

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 Green Giant's Debt-to-EBITDA or its related term are showing as below:

GGEI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -51.88   Med: 6.29   Max: 18.35
Current: -8.46

During the past 13 years, the highest Debt-to-EBITDA Ratio of Green Giant was 18.35. The lowest was -51.88. And the median was 6.29.

GGEI's Debt-to-EBITDA is ranked worse than
100% of 1266 companies
in the Real Estate industry
Industry Median: 5.725 vs GGEI: -8.46

Green Giant Debt-to-EBITDA Historical Data

The historical data trend for Green Giant'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.

Green Giant Debt-to-EBITDA Chart

Green Giant Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.35 -51.88 13.08 -3.88 -10.07

Green Giant Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 -49.11 -24.32 -33.30 -3.31 -9.34

Competitive Comparison of Green Giant's Debt-to-EBITDA

For the Real Estate - Development subindustry, Green Giant'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.


Green Giant's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Green Giant Debt-to-EBITDA Calculation

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

Green Giant's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 105.656) / -10.495
=-10.07

Green Giant'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
=(0 + 108.574) / -11.624
=-9.34

* 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 four times the quarterly (Dec. 2023) EBITDA data.


Green Giant  (OTCPK:GGEI) 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.


Green Giant Debt-to-EBITDA Related Terms

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


Green Giant (Green Giant) Business Description

Traded in Other Exchanges
N/A
Address
6 Xinghan Road, 19th Floor, Shaanxi Province, Hanzhong, CHN, 723000
Green Giant Inc is engaged in real estate development buisness and green energy business. The Company engages in real estate development through the VIE, Guangsha, in mainland China, and is transitioning itself from its real estate development business to a new energy corporation. It is engaged in the construction and sale of residential apartments, car parks, and commercial properties. The company's real-estate properties include multi-layer apartment buildings, sub-high-rise apartment buildings, and high-rise apartment buildings. The project portfolios of the company are Yangzhou Pearl Garden Phase I and II, Nanyuan II Project, Mingzhu Garden, Oriental Pearl Garden, and Yangzhou Palace. Majority of the Company's revenue is derived from real estate sales.
Executives
Goldenmountain Solution Inc. 10 percent owner 1100 ABERNATHY RD NE STE 325, ATLANTA GA 30328
Gordon H Silver director C/O PUTNAM LLC, ONE POST OFFICE SQ, BOSTON MA 02109
H. David Sherman director 38 HOMEWOOD ROAD, NEWTON MA 02468
Shenghuei Luo director 6 XINGHAN ROAD 19TH FL, HANZHONG CITY, SHAANXI PROVINCE F4 72300
Yuankai Wen director ROOM 907, TOWER A, HONGYUAN MANSION, NO. 4, JIU XIAN QIAO RD., BEIJING F4 100016
Xiaojun Zhu director, 10 percent owner, officer: President and CEO 6 XINGHAN ROAD, 19TH FLOOR, HANZHONG CITY, SHAANXI PROVINCE F4 723000
Carl M Berg other: Former Officer, Director, 10% 1059 EAST SKYLER DR, DRAPER UT 84020
John Leo director, officer: Secretary 80 WALL STREET, 5TH FLOOR, NEW YORK NY 10005
Zhengquan Wang director, 10 percent owner, officer: CEO, CFO 101 XINANYAO STREET, JINZHOU DISTRICT, DALIAN LIAONING PROV F4 116100
Mark Stewart director PO BOX 51150, IRVINE CA 92619
Kevin J Gadawski director 19 TERRAZA DEL MAR, DANA POINT CA 92629
Brian A Lebrecht 10 percent owner 610 NEWPORT CENTER DRIVE, SUITE 800, NEWPORT BEACH CA 92660
Gerald A Deciccio director 92 CORPORATE PARK, C-141, IRVINE CA 92606