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Greater China Financial Holdings (HKSE:00431) Debt-to-EBITDA : -0.53 (As of Dec. 2023)


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What is Greater China Financial Holdings Debt-to-EBITDA?

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

Greater China Financial Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$124.68 Mil. Greater China Financial Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$369.88 Mil. Greater China Financial Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-938.67 Mil. Greater China Financial Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.53.

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 Greater China Financial Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:00431' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -22.28   Med: -1.05   Max: 3
Current: -0.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Greater China Financial Holdings was 3.00. The lowest was -22.28. And the median was -1.05.

HKSE:00431's Debt-to-EBITDA is ranked worse than
100% of 252 companies
in the Credit Services industry
Industry Median: 7.625 vs HKSE:00431: -0.92

Greater China Financial Holdings Debt-to-EBITDA Historical Data

The historical data trend for Greater China Financial Holdings'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.

Greater China Financial Holdings Debt-to-EBITDA Chart

Greater China Financial Holdings 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 -0.55 -1.16 -2.39 -1.44 -0.94

Greater China Financial Holdings 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 -1.68 -3.15 -0.88 -3.72 -0.53

Competitive Comparison of Greater China Financial Holdings's Debt-to-EBITDA

For the Credit Services subindustry, Greater China Financial Holdings'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.


Greater China Financial Holdings's Debt-to-EBITDA Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Greater China Financial Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Greater China Financial Holdings's Debt-to-EBITDA falls into.



Greater China Financial Holdings Debt-to-EBITDA Calculation

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

Greater China Financial Holdings'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
=(124.681 + 369.877) / -525.15
=-0.94

Greater China Financial Holdings'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
=(124.681 + 369.877) / -938.67
=-0.53

* 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.


Greater China Financial Holdings  (HKSE:00431) 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.


Greater China Financial Holdings Debt-to-EBITDA Related Terms

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


Greater China Financial Holdings (HKSE:00431) Business Description

Traded in Other Exchanges
N/A
Address
1 Matheson Street, Suites 3612-16, 36th Floor, Tower Two, Times Square, Causeway Bay, Hong Kong, HKG
Greater China Financial Holdings Ltd, through its subsidiaries, is engaged in investment holding, industrial property development, general trading of consumable goods, securities brokerage, insurance brokerage, asset management and loan financing operation including loan financing, financial guarantee services, loan referral and consultancy services. It generates maximum revenue from the loan financing operation segment. It operates in Hong Kong and the PRC. Geographically, it derives a majority of revenue from China.
Executives
Liu Kequan 2101 Beneficial owner
Chen Zheng 2201 Interest of corporation controlled by you
Skill Rich Limited 2101 Beneficial owner
Chu Lam Yiu 2101 Beneficial owner
Eastern Spring Global Limited 2101 Beneficial owner
Yang Dayong
Greater China Financial Holdings Limited 2201 Interest of corporation controlled by you
Harmonic Edge Limited 2106 Person having a security interest in shares
Liang Miaoxin 2202 Interest of your spouse

Greater China Financial Holdings (HKSE:00431) Headlines

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