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Chinney Investments (HKSE:00216) Debt-to-EBITDA : 10.33 (As of Sep. 2023)


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What is Chinney Investments Debt-to-EBITDA?

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

Chinney Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,236 Mil. Chinney Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$6,186 Mil. Chinney Investments's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$719 Mil. Chinney Investments's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 10.33.

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 Chinney Investments's Debt-to-EBITDA or its related term are showing as below:

HKSE:00216' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.42   Med: 6.4   Max: 31.3
Current: 12.88

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chinney Investments was 31.30. The lowest was 1.42. And the median was 6.40.

HKSE:00216's Debt-to-EBITDA is ranked worse than
75.58% of 1253 companies
in the Real Estate industry
Industry Median: 5.98 vs HKSE:00216: 12.88

Chinney Investments Debt-to-EBITDA Historical Data

The historical data trend for Chinney Investments'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.

Chinney Investments Debt-to-EBITDA Chart

Chinney Investments Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.02 31.30 11.71 15.24 13.90

Chinney Investments Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 10.55 23.49 11.25 16.74 10.33

Competitive Comparison of Chinney Investments's Debt-to-EBITDA

For the Real Estate - Development subindustry, Chinney Investments'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.


Chinney Investments's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Chinney Investments Debt-to-EBITDA Calculation

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

Chinney Investments's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2090.951 + 5171.049) / 522.336
=13.90

Chinney Investments's annualized Debt-to-EBITDA for the quarter 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
=(1235.998 + 6185.629) / 718.75
=10.33

* 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 (Sep. 2023) EBITDA data.


Chinney Investments  (HKSE:00216) 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.


Chinney Investments Debt-to-EBITDA Related Terms

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


Chinney Investments (HKSE:00216) Business Description

Traded in Other Exchanges
N/A
Address
111 Connaught Road Central, 23rd Floor, Wing On Centre, Hong Kong, HKG
Chinney Investments Ltd is a Hong Kong-based investment holding company. The company's operating segment include Property development; Property investment and Property, carpark management and others. Property development segment develops properties for sale. The Property Investment segment holds investment properties for development and generates rental income. It generates maximum revenue from the Property development segment. Geographically, it derives a majority of revenue from Mainland China and also has a presence in Hong Kong.
Executives
Chinney Holdings Limited 2101 Beneficial owner
Lucky Year Finance Limited 2201 Interest of corporation controlled by you
Wong Sai Wing, James 2201 Interest of corporation controlled by you

Chinney Investments (HKSE:00216) Headlines

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