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Zhongchang International Holdings Group (HKSE:00859) Debt-to-EBITDA : -18.94 (As of Dec. 2023)


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What is Zhongchang International Holdings Group Debt-to-EBITDA?

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

Zhongchang International Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$871.73 Mil. Zhongchang International Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.70 Mil. Zhongchang International Holdings Group's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$-46.06 Mil. Zhongchang International Holdings Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -18.94.

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 Zhongchang International Holdings Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:00859' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -48.94   Med: 2.07   Max: 34.46
Current: -35.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Zhongchang International Holdings Group was 34.46. The lowest was -48.94. And the median was 2.07.

HKSE:00859's Debt-to-EBITDA is ranked worse than
100% of 1253 companies
in the Real Estate industry
Industry Median: 5.98 vs HKSE:00859: -35.60

Zhongchang International Holdings Group Debt-to-EBITDA Historical Data

The historical data trend for Zhongchang International Holdings Group'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.

Zhongchang International Holdings Group Debt-to-EBITDA Chart

Zhongchang International Holdings Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.65 -48.94 2.18 -22.15 -35.60

Zhongchang International Holdings Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 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 1.07 -22.75 -22.81 -263.63 -18.94

Competitive Comparison of Zhongchang International Holdings Group's Debt-to-EBITDA

For the Real Estate Services subindustry, Zhongchang International Holdings Group'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.


Zhongchang International Holdings Group's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Zhongchang International Holdings Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zhongchang International Holdings Group's Debt-to-EBITDA falls into.



Zhongchang International Holdings Group Debt-to-EBITDA Calculation

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

Zhongchang International Holdings Group'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
=(871.729 + 0.702) / -24.51
=-35.59

Zhongchang International Holdings Group'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
=(871.729 + 0.702) / -46.062
=-18.94

* 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.


Zhongchang International Holdings Group  (HKSE:00859) 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.


Zhongchang International Holdings Group Debt-to-EBITDA Related Terms

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


Zhongchang International Holdings Group (HKSE:00859) Business Description

Traded in Other Exchanges
N/A
Address
1 Matheson Street, Suite 1711, Tower 2, Times Square, Causeway Bay, Hong Kong, HKG
Zhongchang International Holdings Group Ltd is an investment holding company. The firm operates in the segments of Property Investment. The Property Investment segment engages in the leasing of investment properties. The company generates all of its revenue from rental income in Hong Kong.
Executives
China Cinda (hk) Asset Management Co., Limited 2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited 2201 Interest of corporation controlled by you
China Cinda Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Bonds Chan Family Holdings (ptc) Ltd. 2201 Interest of corporation controlled by you
Chen Jianming 2201 Interest of corporation controlled by you
Chen Yanhong 2202 Interest of your spouse
Sansheng Hongye (hong Kong) Limited 2101 Beneficial owner
Shang Hai San Sheng Hong Ye Tou Zi Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
Shang Hai San Sheng Fang Di Chan Ji Tuan You Xian Ze Ren Gong Si 2201 Interest of corporation controlled by you
China Cinda (hk) Holdings Company Limited 2201 Interest of corporation controlled by you
Dcp China Credit Fund I, L.p. 2201 Interest of corporation controlled by you
Dignari Capital Partners Gp Limited 2201 Interest of corporation controlled by you
Tan Mei Zie Grace 2201 Interest of corporation controlled by you
Fu Yan 2202 Interest of your spouse
Chen Lijun 2201 Interest of corporation controlled by you

Zhongchang International Holdings Group (HKSE:00859) Headlines

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