GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Continental Aerospace Technologies Holding Ltd (HKSE:00232) » Definitions » Debt-to-EBITDA

Continental Aerospace Technologies Holding (HKSE:00232) Debt-to-EBITDA : 2.31 (As of Dec. 2023)


View and export this data going back to 1991. Start your Free Trial

What is Continental Aerospace Technologies Holding Debt-to-EBITDA?

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

Continental Aerospace Technologies Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7 Mil. Continental Aerospace Technologies Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$282 Mil. Continental Aerospace Technologies Holding's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$125 Mil. Continental Aerospace Technologies Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.31.

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 Continental Aerospace Technologies Holding's Debt-to-EBITDA or its related term are showing as below:

HKSE:00232' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -20.88   Med: 1.45   Max: 212.2
Current: 2.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of Continental Aerospace Technologies Holding was 212.20. The lowest was -20.88. And the median was 1.45.

HKSE:00232's Debt-to-EBITDA is ranked worse than
59.73% of 226 companies
in the Aerospace & Defense industry
Industry Median: 2.245 vs HKSE:00232: 2.78

Continental Aerospace Technologies Holding Debt-to-EBITDA Historical Data

The historical data trend for Continental Aerospace Technologies Holding'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.

Continental Aerospace Technologies Holding Debt-to-EBITDA Chart

Continental Aerospace Technologies Holding 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 6.58 -0.91 2.24 1.71 1.20

Continental Aerospace Technologies Holding 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 -3.68 2.70 -8.99 3.49 2.31

Competitive Comparison of Continental Aerospace Technologies Holding's Debt-to-EBITDA

For the Aerospace & Defense subindustry, Continental Aerospace Technologies Holding'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.


Continental Aerospace Technologies Holding's Debt-to-EBITDA Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Continental Aerospace Technologies Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Continental Aerospace Technologies Holding's Debt-to-EBITDA falls into.



Continental Aerospace Technologies Holding Debt-to-EBITDA Calculation

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

Continental Aerospace Technologies Holding's Debt-to-EBITDA for the fiscal year 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
=(7.149 + 282.199) / 241.644
=1.20

Continental Aerospace Technologies Holding'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
=(7.149 + 282.199) / 125.298
=2.31

* 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 (Dec. 2023) EBITDA data.


Continental Aerospace Technologies Holding  (HKSE:00232) 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.


Continental Aerospace Technologies Holding Debt-to-EBITDA Related Terms

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


Continental Aerospace Technologies Holding (HKSE:00232) Business Description

Traded in Other Exchanges
Address
95 Queensway, Unit B, 15th Floor, United Centre, Hong Kong, HKG
Continental Aerospace Technologies Holding Ltd, formerly AVIC International Holding (HK) Ltd is a diversified company based in Hong Kong. It is engaged in the general aviation aircraft piston engine business, which engages in the design, development and production of general aviation aircraft piston engines and spare parts as well as the provision of aftermarket services and support for piston engines. The company generates most of the revenue from United States.
Executives
Aviation Industry Corporation Of China, Ltd 2201 Interest of corporation controlled by you
Avic International Holding Corporation 2201 Interest of corporation controlled by you

Continental Aerospace Technologies Holding (HKSE:00232) Headlines

No Headlines