China Tower (HKSE:00788) Debt-to-EBITDA : N/A (As of Dec. 2023)

View and export this data going back to 2018. Start your Free Trial

What is China Tower Debt-to-EBITDA?

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

China Tower's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$33,524 Mil. China Tower's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$69,976 Mil. China Tower's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$0 Mil.

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

During the past 9 years, the highest Debt-to-EBITDA Ratio of China Tower was 20.97. The lowest was 1.24. And the median was 1.89.

HKSE:00788's Debt-to-EBITDA is not ranked ^*
in the Telecommunication Services industry.
Industry Median: 2.1
* Ranked among companies with meaningful Debt-to-EBITDA only.

China Tower Debt-to-EBITDA Historical Data

The historical data trend for China Tower'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.

China Tower Debt-to-EBITDA Chart

China Tower Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

2.12

1.89

1.60

1.24

1.46

China Tower Quarterly Data
	Dec16	Mar17	Jun17	Dec17	Mar18	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial															N/A	N/A	N/A	N/A	N/A

Competitive Comparison of China Tower's Debt-to-EBITDA

For the Telecom Services subindustry, China Tower'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.

China Tower's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Tower's Debt-to-EBITDA distribution charts can be found below:

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

China Tower Debt-to-EBITDA Calculation

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

China Tower'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
	=	(33524.323	+	69975.598)	/	70776.244
	=	1.46

China Tower'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
	=	(33524.323	+	69975.598)	/	0
	=	N/A

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 (Dec. 2023) EBITDA data.

China Tower (HKSE:00788) 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.

China Tower Debt-to-EBITDA Related Terms

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

China Tower (HKSE:00788) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » China Tower Corp Ltd (HKSE:00788) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

CTOWY:USA CHWRF:USA 2Y1:Germany

Address

Yard No. 9, Dongran North Street, China Tower Industrial Park, Haidian District, Room 101, LG1 to 3rd Floor, Building 14, North District, Beijing, CHN

Website

https://www.china-tower.com

China Tower Corp Ltd is a telecommunications tower infrastructure service provider. The business of the company includes tower business; DAS business; Smart Tower business and Energy business. It generates maximum revenue from the tower business. The Tower business includes macro cell and small cell business. Its DAS business provides a DAS system to the Three TSPs for connecting their telecommunication equipment, helping them receive and send indoor mobile telecommunication network signals to enable mobile telecommunication network signals covering buildings, large venues and tunnels.

Executives

Blackrock, Inc.	2201 Interest of corporation controlled by you
Citigroup Inc.	2502 Approved lending agent
Gic Private Limited	2102 Investment manager

China Tower (HKSE:00788) Headlines

No Headlines