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Hongkong Chinese (HKSE:00655) Debt-to-EBITDA : 2.28 (As of Jun. 2023)


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What is Hongkong Chinese Debt-to-EBITDA?

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

Hongkong Chinese's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$0.27 Mil. Hongkong Chinese's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$464.02 Mil. Hongkong Chinese's annualized EBITDA for the quarter that ended in Jun. 2023 was HK$203.51 Mil. Hongkong Chinese's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 2.28.

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 Hongkong Chinese's Debt-to-EBITDA or its related term are showing as below:

HKSE:00655' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.73   Med: 0.9   Max: 7.89
Current: 2.51

During the past 13 years, the highest Debt-to-EBITDA Ratio of Hongkong Chinese was 7.89. The lowest was -6.73. And the median was 0.90.

HKSE:00655's Debt-to-EBITDA is ranked better than
73.44% of 1269 companies
in the Real Estate industry
Industry Median: 5.53 vs HKSE:00655: 2.51

Hongkong Chinese Debt-to-EBITDA Historical Data

The historical data trend for Hongkong Chinese'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.

Hongkong Chinese Debt-to-EBITDA Chart

Hongkong Chinese Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.73 1.07 0.41 0.90 2.51

Hongkong Chinese Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 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 0.28 0.55 1.14 2.28 2.78

Competitive Comparison of Hongkong Chinese's Debt-to-EBITDA

For the Real Estate Services subindustry, Hongkong Chinese'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.


Hongkong Chinese's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Hongkong Chinese Debt-to-EBITDA Calculation

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

Hongkong Chinese's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.265 + 456.376) / 508.227
=0.90

Hongkong Chinese's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.268 + 464.017) / 203.512
=2.28

* 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 (Jun. 2023) EBITDA data.


Hongkong Chinese  (HKSE:00655) 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.


Hongkong Chinese Debt-to-EBITDA Related Terms

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


Hongkong Chinese (HKSE:00655) Business Description

Traded in Other Exchanges
N/A
Address
Lippo Centre, 89 Queensway, 40th Floor, Tower Two, Hong Kong, HKG
Hongkong Chinese Ltd is an investment holding company. The company's operating segments are Property Investment, which includes investments relating to the letting and resale of properties; the Property development segment is into the development and sale of properties; the Treasury investment segment includes investments in money markets; the Securities investment segment invests in securities that are held for trading and for long-term strategic purpose; and Others. Its geographical segments are Hong Kong, Mainland China, Singapore, Indonesia, and others.

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