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Pioneer Global Group (HKSE:00224) Debt-to-EBITDA : 17.32 (As of Sep. 2023)


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What is Pioneer Global Group Debt-to-EBITDA?

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

Pioneer Global Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,263.8 Mil. Pioneer Global Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1,017.6 Mil. Pioneer Global Group's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$131.7 Mil. Pioneer Global Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 17.32.

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

HKSE:00224' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.83   Med: 3.68   Max: 15.54
Current: 13.35

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pioneer Global Group was 15.54. The lowest was 1.83. And the median was 3.68.

HKSE:00224's Debt-to-EBITDA is ranked worse than
77.28% of 1250 companies
in the Real Estate industry
Industry Median: 6.035 vs HKSE:00224: 13.35

Pioneer Global Group Debt-to-EBITDA Historical Data

The historical data trend for Pioneer Global 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.

* Premium members only.

Pioneer Global Group Debt-to-EBITDA Chart

Pioneer Global Group 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 3.08 13.77 5.14 7.72 15.54

Pioneer Global Group 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 5.15 15.39 27.28 10.86 17.32

Competitive Comparison of Pioneer Global Group's Debt-to-EBITDA

For the Real Estate Services subindustry, Pioneer Global 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.


Pioneer Global Group's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Pioneer Global Group Debt-to-EBITDA Calculation

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

Pioneer Global Group'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
=(663.849 + 1617.737) / 146.831
=15.54

Pioneer Global Group'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
=(1263.794 + 1017.609) / 131.702
=17.32

* 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.


Pioneer Global Group  (HKSE:00224) 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.


Pioneer Global Group Debt-to-EBITDA Related Terms

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


Pioneer Global Group (HKSE:00224) Business Description

Traded in Other Exchanges
N/A
Address
68 Yee Wo Street, 18th Floor, Causeway Bay, Hong Kong, HKG
Pioneer Global Group Ltd is an investment holding company. The company's operating segment includes Properties and hotels, and Investments and others. The company generates maximum revenue from the Properties and hotels segment which involves investment in properties and hotels that earn rental and returns in hotel operation. The company earns revenue from the rental, dividend, and interest income. Geographically, the company derives a majority of its revenue from Hong Kong and also has an international presence.
Executives
Gaw Kenneth 2305 Beneficiary of a trust
Gaw Wang Rossana 2201 Interest of corporation controlled by you
Forward Investments Inc. 2101 Beneficial owner
Asset-plus Investments Ltd. 2101 Beneficial owner
Intercontinental Enterprises Corp. 2101 Beneficial owner

Pioneer Global Group (HKSE:00224) Headlines

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