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Sang Hing Holdings (International) (HKSE:01472) Debt-to-EBITDA : 0.11 (As of Mar. 2024)


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What is Sang Hing Holdings (International) Debt-to-EBITDA?

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

Sang Hing Holdings (International)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$1.0 Mil. Sang Hing Holdings (International)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was HK$0.2 Mil. Sang Hing Holdings (International)'s annualized EBITDA for the quarter that ended in Mar. 2024 was HK$11.1 Mil. Sang Hing Holdings (International)'s annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 0.11.

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 Sang Hing Holdings (International)'s Debt-to-EBITDA or its related term are showing as below:

HKSE:01472' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -27.65   Med: 0.03   Max: 0.12
Current: -0.4

During the past 8 years, the highest Debt-to-EBITDA Ratio of Sang Hing Holdings (International) was 0.12. The lowest was -27.65. And the median was 0.03.

HKSE:01472's Debt-to-EBITDA is ranked worse than
100% of 1354 companies
in the Construction industry
Industry Median: 2.32 vs HKSE:01472: -0.40

Sang Hing Holdings (International) Debt-to-EBITDA Historical Data

The historical data trend for Sang Hing Holdings (International)'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.

Sang Hing Holdings (International) Debt-to-EBITDA Chart

Sang Hing Holdings (International) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial 0.02 0.01 0.04 -27.65 -0.15

Sang Hing Holdings (International) Semi-Annual Data
Mar17 Mar18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.10 -0.15 -0.15 0.11 -0.06

Competitive Comparison of Sang Hing Holdings (International)'s Debt-to-EBITDA

For the Engineering & Construction subindustry, Sang Hing Holdings (International)'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.


Sang Hing Holdings (International)'s Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sang Hing Holdings (International)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Sang Hing Holdings (International)'s Debt-to-EBITDA falls into.



Sang Hing Holdings (International) Debt-to-EBITDA Calculation

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

Sang Hing Holdings (International)'s Debt-to-EBITDA for the fiscal year 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
=(0.996 + 0.238) / -8.246
=-0.15

Sang Hing Holdings (International)'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
=(0.996 + 0.238) / 11.11
=0.11

* 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 (Mar. 2024) EBITDA data.


Sang Hing Holdings (International)  (HKSE:01472) 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.


Sang Hing Holdings (International) Debt-to-EBITDA Related Terms

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


Sang Hing Holdings (International) Business Description

Traded in Other Exchanges
N/A
Address
No. 18 Tin Hau Road, Room 215A-B, 2nd Floor, Central Services Building, Nan Fung Industrial City, Tuen Mun, New Territories, Hong Kong, HKG
Sang Hing Holdings (International) Ltd is an investment holding company engaged in civil engineering works in Hong Kong. The company provides a variety of civil engineering works, including site formation, road and bridge construction, drainage and sewerage construction, water main installation, and slope works.
Executives
Dun Xin Chun 2202 Interest of your spouse
Worldwide Intelligence Group Limited 2101 Beneficial owner
Lai Wai 2201 Interest of corporation controlled by you

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