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Beijing North Star Co (HKSE:00588) Debt-to-EBITDA : 50.40 (As of Mar. 2024)


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What is Beijing North Star Co Debt-to-EBITDA?

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

Beijing North Star Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$8,841 Mil. Beijing North Star Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$17,294 Mil. Beijing North Star Co's annualized EBITDA for the quarter that ended in Mar. 2024 was HK$519 Mil. Beijing North Star Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 50.40.

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 Beijing North Star Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:00588' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -79.64   Med: 13.97   Max: 22.14
Current: 21.78

During the past 13 years, the highest Debt-to-EBITDA Ratio of Beijing North Star Co was 22.14. The lowest was -79.64. And the median was 13.97.

HKSE:00588's Debt-to-EBITDA is ranked worse than
87.41% of 1263 companies
in the Real Estate industry
Industry Median: 5.66 vs HKSE:00588: 21.78

Beijing North Star Co Debt-to-EBITDA Historical Data

The historical data trend for Beijing North Star Co'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.

Beijing North Star Co Debt-to-EBITDA Chart

Beijing North Star Co 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 9.75 18.01 22.14 -79.64 15.46

Beijing North Star Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 20.39 28.43 20.03 12.75 50.40

Competitive Comparison of Beijing North Star Co's Debt-to-EBITDA

For the Real Estate - Development subindustry, Beijing North Star Co'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.


Beijing North Star Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Beijing North Star Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Beijing North Star Co's Debt-to-EBITDA falls into.



Beijing North Star Co Debt-to-EBITDA Calculation

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

Beijing North Star Co'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
=(9068.731 + 16394.745) / 1647.502
=15.46

Beijing North Star Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8840.892 + 17294.44) / 518.56
=50.40

* 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 four times the quarterly (Mar. 2024) EBITDA data.


Beijing North Star Co  (HKSE:00588) 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.


Beijing North Star Co Debt-to-EBITDA Related Terms

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


Beijing North Star Co (HKSE:00588) Business Description

Traded in Other Exchanges
Address
No. 8 Bei Chen Dong Road, 12th Floor, Tower A, Hui Xin Building, Chao Yang District, Beijing, CHN, 100101
Beijing North Star Co Ltd is a company that is principally engaged in property leasing, development properties, investment properties (including hotels), and commercial properties. Its development properties are located in Beijing and Changsha, Wuhan, and consist of the development and sales of houses, apartments, villas, and offices of different classes and features that provide for commercial purposes. The investment properties involve convention, hotel, office, and apartment businesses. The company's commercial properties include Shopping Centres. It operates through three business segments namely Real estate development; hotel and other. All the company's revenue is derived from China.

Beijing North Star Co (HKSE:00588) Headlines

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