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Shifang Holding (HKSE:01831) Debt-to-EBITDA : 17.48 (As of Dec. 2023)


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What is Shifang Holding Debt-to-EBITDA?

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

Shifang Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$8.02 Mil. Shifang Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$2.40 Mil. Shifang Holding's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$0.60 Mil. Shifang Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 17.48.

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 Shifang Holding's Debt-to-EBITDA or its related term are showing as below:

HKSE:01831' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.07   Med: -0.3   Max: -0.07
Current: -0.23

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shifang Holding was -0.07. The lowest was -3.07. And the median was -0.30.

HKSE:01831's Debt-to-EBITDA is ranked worse than
100% of 668 companies
in the Media - Diversified industry
Industry Median: 1.69 vs HKSE:01831: -0.23

Shifang Holding Debt-to-EBITDA Historical Data

The historical data trend for Shifang Holding'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.

Shifang Holding Debt-to-EBITDA Chart

Shifang Holding Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.43 -3.07 -0.96 -0.07 -0.23

Shifang Holding 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 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 -4.49 -4.66 -0.04 -0.13 17.48

Competitive Comparison of Shifang Holding's Debt-to-EBITDA

For the Advertising Agencies subindustry, Shifang Holding'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.


Shifang Holding's Debt-to-EBITDA Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Shifang Holding's Debt-to-EBITDA distribution charts can be found below:

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



Shifang Holding Debt-to-EBITDA Calculation

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

Shifang Holding'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
=(8.023 + 2.396) / -45.864
=-0.23

Shifang Holding'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
=(8.023 + 2.396) / 0.596
=17.48

* 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.


Shifang Holding  (HKSE:01831) 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.


Shifang Holding Debt-to-EBITDA Related Terms

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


Shifang Holding (HKSE:01831) Business Description

Traded in Other Exchanges
N/A
Address
No. 121 Gutian Road, 6th Floor, Hua Fu Mansion, Gulou District, Fujian Province, Fuzhou, CHN, 350005
Shifang Holding Ltd is an investment holding company engaged in the business of publishing and advertising in the People's Republic of China. The company operates in two business segments; Publishing and advertising segment includes the provision of advertising services, marketing and consulting services, printing services, and agency commission from sales of service packs, and The tourism and integrated developments segment include the provision of tourism and integrated services through its media, resort, and eco-tourism integrated development projects and sales of agricultural products, including the Yongtai Distinctive Town Project and Cooperative Project in YongFu Town. The company operates in the PRC.
Executives
Chen Zhi
Nian Jiaxing 2101 Beneficial owner
Sheng Ping Guo Ji Fa Zhan You Xian Gong Si
Forever Joy Investments Limited 2101 Beneficial owner
Xu Dan 2201 Interest of corporation controlled by you
Shenzhen Energy Gaofei Fund Management Co., Ltd 2101 Beneficial owner
Ye Xuejin 2201 Interest of corporation controlled by you
Victory Color International Investment Limited 2101 Beneficial owner
Wu Yufang 2201 Interest of corporation controlled by you

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