GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Asiasec Properties Ltd (HKSE:00271) » Definitions » Debt-to-EBITDA

Asiasec Properties (HKSE:00271) Debt-to-EBITDA : 1.09 (As of Dec. 2023)


View and export this data going back to 1973. Start your Free Trial

What is Asiasec Properties Debt-to-EBITDA?

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

Asiasec Properties's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.00 Mil. Asiasec Properties's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$600.00 Mil. Asiasec Properties's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$551.05 Mil. Asiasec Properties's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.09.

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 Asiasec Properties's Debt-to-EBITDA or its related term are showing as below:

HKSE:00271' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.09   Med: 2.09   Max: 2.09
Current: 2.09

During the past 13 years, the highest Debt-to-EBITDA Ratio of Asiasec Properties was 2.09. The lowest was 2.09. And the median was 2.09.

HKSE:00271's Debt-to-EBITDA is ranked better than
76.86% of 1253 companies
in the Real Estate industry
Industry Median: 5.98 vs HKSE:00271: 2.09

Asiasec Properties Debt-to-EBITDA Historical Data

The historical data trend for Asiasec Properties'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.

Asiasec Properties Debt-to-EBITDA Chart

Asiasec Properties 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 - - - - 2.09

Asiasec Properties 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 - - - - 1.09

Competitive Comparison of Asiasec Properties's Debt-to-EBITDA

For the Real Estate Services subindustry, Asiasec Properties'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.


Asiasec Properties's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Asiasec Properties Debt-to-EBITDA Calculation

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

Asiasec Properties'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
=(0 + 600) / 287.46
=2.09

Asiasec Properties'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 + 600) / 551.054
=1.09

* 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.


Asiasec Properties  (HKSE:00271) 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.


Asiasec Properties Debt-to-EBITDA Related Terms

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


Asiasec Properties (HKSE:00271) Business Description

Traded in Other Exchanges
N/A
Address
138 Gloucester Road, 9th Floor, Allied Kajima Building, Wanchai, Hong Kong, HKG
Asiasec Properties Ltd is an investment holding company which is involved in real estate, property leasing and management services. The company has aggregated its operations into one reportable segment, Property Leasing and Estate Management. Its prime source of revenue is the rental income from investment properties.
Executives
Allied Group Limited
Lee Seng Hui
Lee Seng Huang
Lee Su Hwei
Allied Properties (h.k.) Limited
Tian An China Investments Company Limited

Asiasec Properties (HKSE:00271) Headlines

No Headlines