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Man Shun Group (Holdings) (HKSE:01746) Debt-to-EBITDA : 1.62 (As of Dec. 2023)


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What is Man Shun Group (Holdings) Debt-to-EBITDA?

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

Man Shun Group (Holdings)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1.0 Mil. Man Shun Group (Holdings)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0.5 Mil. Man Shun Group (Holdings)'s annualized EBITDA for the quarter that ended in Dec. 2023 was HK$0.9 Mil. Man Shun Group (Holdings)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.62.

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

HKSE:01746' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.85   Med: 0.52   Max: 1
Current: 0.52

During the past 9 years, the highest Debt-to-EBITDA Ratio of Man Shun Group (Holdings) was 1.00. The lowest was -6.85. And the median was 0.52.

HKSE:01746's Debt-to-EBITDA is ranked better than
81.51% of 1309 companies
in the Construction industry
Industry Median: 2.31 vs HKSE:01746: 0.52

Man Shun Group (Holdings) Debt-to-EBITDA Historical Data

The historical data trend for Man Shun Group (Holdings)'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.

Man Shun Group (Holdings) Debt-to-EBITDA Chart

Man Shun Group (Holdings) Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only 1.00 -0.46 -6.85 0.55 0.52

Man Shun Group (Holdings) Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 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 4.13 -0.82 0.18 0.16 1.62

Competitive Comparison of Man Shun Group (Holdings)'s Debt-to-EBITDA

For the Engineering & Construction subindustry, Man Shun Group (Holdings)'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.


Man Shun Group (Holdings)'s Debt-to-EBITDA Distribution in the Construction Industry

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

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



Man Shun Group (Holdings) Debt-to-EBITDA Calculation

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

Man Shun Group (Holdings)'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
=(1.029 + 0.484) / 2.889
=0.52

Man Shun Group (Holdings)'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
=(1.029 + 0.484) / 0.934
=1.62

* 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.


Man Shun Group (Holdings)  (HKSE:01746) 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.


Man Shun Group (Holdings) Debt-to-EBITDA Related Terms

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


Man Shun Group (Holdings) (HKSE:01746) Business Description

Traded in Other Exchanges
N/A
Address
Nos. 23-39 Pak Tin Par Street, Room 1908, 19th Floor, Cheung Fung Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG
Man Shun Group (Holdings) Ltd is an engineering and construction service provider in Hong Kong. It mainly provides HVAC electrical and mechanical (E and M) engineering services for new residential property development projects through installation services only. HVAC E and M engineering services typically involve the installation of HVAC systems, which refers to heat, ventilation and air-conditioning systems.

Man Shun Group (Holdings) (HKSE:01746) Headlines

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