CIFI Holdings (Group) Co (HKSE:00884) Debt-to-EBITDA : 15.56 (As of Dec. 2023)

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What is CIFI Holdings (Group) Co Debt-to-EBITDA?

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

CIFI Holdings (Group) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$75,814 Mil. CIFI Holdings (Group) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$25,300 Mil. CIFI Holdings (Group) Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$6,497 Mil. CIFI Holdings (Group) Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 15.56.

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 CIFI Holdings (Group) Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:00884' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -42.83 Med: 5.71 Max: 7.08
Current: -38.12

During the past 13 years, the highest Debt-to-EBITDA Ratio of CIFI Holdings (Group) Co was 7.08. The lowest was -42.83. And the median was 5.71.

HKSE:00884's Debt-to-EBITDA is ranked worse than
100% of 1262 companies
in the Real Estate industry
Industry Median: 5.66 vs HKSE:00884: -38.12

CIFI Holdings (Group) Co Debt-to-EBITDA Historical Data

The historical data trend for CIFI Holdings (Group) 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.

CIFI Holdings (Group) Co Debt-to-EBITDA Chart

CIFI Holdings (Group) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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7.08

6.16

6.00

-10.76

-42.83

CIFI Holdings (Group) Co 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															4.96	18.77	-4.05	-9.49	15.56

Competitive Comparison of CIFI Holdings (Group) Co's Debt-to-EBITDA

For the Real Estate - Development subindustry, CIFI Holdings (Group) 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.

CIFI Holdings (Group) Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, CIFI Holdings (Group) Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where CIFI Holdings (Group) Co's Debt-to-EBITDA falls into.

CIFI Holdings (Group) Co Debt-to-EBITDA Calculation

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

CIFI Holdings (Group) 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
	=	(75814.438	+	25299.9)	/	-2360.876
	=	-42.83

CIFI Holdings (Group) Co'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
	=	(75814.438	+	25299.9)	/	6496.866
	=	15.56

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.

CIFI Holdings (Group) Co (HKSE:00884) 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.

CIFI Holdings (Group) Co Debt-to-EBITDA Related Terms

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

CIFI Holdings (Group) Co (HKSE:00884) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » CIFI Holdings (Group) Co Ltd (HKSE:00884) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

6CI:Germany

Address

Lane 1088, No. 39 Shenhong Road, CIFI Center, Minhang District, Shanghai, CHN, 201106

Website

https://www.cifi.com.cn

CIFI Holdings (Group) Co Ltd is engaged in property development and property investment, provision of property management services in China. The group has property projects in cities in four regions: the Yangtze River Delta, the Pan Bohai Rim, the Central Western Region, and the South China Region. Most of the group's sales were contracted from the Yangtze River Delta. Regardless of the region, residential properties make up a significant majority of contracted sales. The group focuses on properties in first and second-tier cities in China. The group's projects include a variety of property types such as residential, office, and commercial complexes. The group's operations are carried out in the People's Republic of China.

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