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Hidili Industry International Development (Hidili Industry International Development) Debt-to-EBITDA : 21.27 (As of Jun. 2023)


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What is Hidili Industry International Development Debt-to-EBITDA?

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

Hidili Industry International Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $517.8 Mil. Hidili Industry International Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $352.0 Mil. Hidili Industry International Development's annualized EBITDA for the quarter that ended in Jun. 2023 was $40.9 Mil. Hidili Industry International Development's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 21.27.

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 Hidili Industry International Development's Debt-to-EBITDA or its related term are showing as below:

HIIDQ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.58   Med: 6.49   Max: 58.4
Current: -13.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hidili Industry International Development was 58.40. The lowest was -14.58. And the median was 6.49.

HIIDQ's Debt-to-EBITDA is ranked worse than
100% of 106 companies
in the Other Energy Sources industry
Industry Median: 1.205 vs HIIDQ: -13.07

Hidili Industry International Development Debt-to-EBITDA Historical Data

The historical data trend for Hidili Industry International Development'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.

Hidili Industry International Development Debt-to-EBITDA Chart

Hidili Industry International Development 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 23.86 22.15 7.21 5.78 -13.07

Hidili Industry International Development 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 8.39 5.40 17.57 21.27 -4.99

Competitive Comparison of Hidili Industry International Development's Debt-to-EBITDA

For the Thermal Coal subindustry, Hidili Industry International Development'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.


Hidili Industry International Development's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Hidili Industry International Development's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hidili Industry International Development's Debt-to-EBITDA falls into.



Hidili Industry International Development Debt-to-EBITDA Calculation

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

Hidili Industry International Development'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
=(1020.296 + 2.797) / 177.026
=5.78

Hidili Industry International Development'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
=(517.781 + 351.993) / 40.892
=21.27

* 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.


Hidili Industry International Development  (OTCPK:HIIDQ) 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.


Hidili Industry International Development Debt-to-EBITDA Related Terms

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


Hidili Industry International Development (Hidili Industry International Development) Business Description

Traded in Other Exchanges
Address
No. 185 Renmin Road, 16th Floor, Dingli Mansion, Sichuan Province, Panzhihua, CHN, 617000
Hidili Industry International Development Ltd is an investment holding company engaged in the coal mining, manufacture, and sale of raw coal and clean coal. It derives revenue from the production and sales of Clean coal and its by-products such as Raw coal, High-ash thermal coal, and others. All of the group's turnover is derived from the operation in the PRC.

Hidili Industry International Development (Hidili Industry International Development) Headlines

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