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Chuang's China Investments (HKSE:00298) Debt-to-EBITDA : -1.77 (As of Sep. 2023)


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What is Chuang's China Investments Debt-to-EBITDA?

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

Chuang's China Investments's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$612.79 Mil. Chuang's China Investments's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$163.11 Mil. Chuang's China Investments's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-437.74 Mil. Chuang's China Investments's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -1.77.

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

HKSE:00298' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -32.07   Med: 2.62   Max: 6.12
Current: -2.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Chuang's China Investments was 6.12. The lowest was -32.07. And the median was 2.62.

HKSE:00298's Debt-to-EBITDA is ranked worse than
100% of 1263 companies
in the Real Estate industry
Industry Median: 5.66 vs HKSE:00298: -2.03

Chuang's China Investments Debt-to-EBITDA Historical Data

The historical data trend for Chuang's China 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.

Chuang's China Investments Debt-to-EBITDA Chart

Chuang's China 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 6.12 -32.07 4.01 3.21 -2.75

Chuang's China 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 0.88 -1.20 -4.34 -2.67 -1.77

Competitive Comparison of Chuang's China Investments's Debt-to-EBITDA

For the Real Estate - Development subindustry, Chuang's China 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.


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

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

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



Chuang's China Investments Debt-to-EBITDA Calculation

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

Chuang's China 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
=(482.941 + 388.211) / -316.68
=-2.75

Chuang's China 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
=(612.787 + 163.108) / -437.742
=-1.77

* 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.


Chuang's China Investments  (HKSE:00298) 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.


Chuang's China Investments Debt-to-EBITDA Related Terms

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


Chuang's China Investments (HKSE:00298) Business Description

Traded in Other Exchanges
Address
18 Chater Road, Central, 25th Floor, Alexandra House, Hong Kong, HKG
Chuang's China Investments Ltd is a Hong Kong-based investment holding.The principal activities of the Company are property development, investment and trading, hotel operation and management, development and operation of cemetery, sales of goods and merchandises (including art pieces), and securities investment and trading. The company's operating segment include Property development, investment and trading; Cemetery; Sales of goods and merchandises; Securities investment and trading and Others and corporate. It generates maximum revenue from the Property development, investment and trading segment. Geographically, it derives a majority of revenue from Hong Kong and also has a presence in PRC, United Kingdom, and Malaysia.

Chuang's China Investments (HKSE:00298) Headlines

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