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China Aircraft Leasing Group Holdings (HKSE:01848) Debt-to-EBITDA : 25.00 (As of Dec. 2023)


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What is China Aircraft Leasing Group Holdings Debt-to-EBITDA?

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

China Aircraft Leasing Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$0 Mil. China Aircraft Leasing Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$50,525 Mil. China Aircraft Leasing Group Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$2,021 Mil. China Aircraft Leasing Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 25.00.

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 China Aircraft Leasing Group Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:01848' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 21.75   Med: 25.76   Max: 57.21
Current: 25.62

During the past 11 years, the highest Debt-to-EBITDA Ratio of China Aircraft Leasing Group Holdings was 57.21. The lowest was 21.75. And the median was 25.76.

HKSE:01848's Debt-to-EBITDA is ranked worse than
97.47% of 830 companies
in the Business Services industry
Industry Median: 1.835 vs HKSE:01848: 25.62

China Aircraft Leasing Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for China Aircraft Leasing 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.

China Aircraft Leasing Group Holdings Debt-to-EBITDA Chart

China Aircraft Leasing Group Holdings 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 22.52 21.75 26.52 22.29 25.62

China Aircraft Leasing Group Holdings 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 26.39 25.03 19.76 27.27 25.00

Competitive Comparison of China Aircraft Leasing Group Holdings's Debt-to-EBITDA

For the Rental & Leasing Services subindustry, China Aircraft Leasing 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.


China Aircraft Leasing Group Holdings's Debt-to-EBITDA Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, China Aircraft Leasing Group Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Aircraft Leasing Group Holdings's Debt-to-EBITDA falls into.



China Aircraft Leasing Group Holdings Debt-to-EBITDA Calculation

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

China Aircraft Leasing 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
=(0 + 50524.595) / 1971.938
=25.62

China Aircraft Leasing 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
=(0 + 50524.595) / 2020.636
=25.00

* 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.


China Aircraft Leasing Group Holdings  (HKSE:01848) 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.


China Aircraft Leasing Group Holdings Debt-to-EBITDA Related Terms

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China Aircraft Leasing Group Holdings (HKSE:01848) Business Description

Traded in Other Exchanges
Address
16 Harcourt Road, 32nd Floor, Far East Finance Centre, Admiralty, Hong Kong, HKG
China Aircraft Leasing Group Holdings Ltd is one of the largest independent aircraft lessors in China. The company delivers multiple types of leases and customizes deals to customer preferences. It has diversified financing channels in onshore and offshore banks, insurance companies, capital and debt markets, and export credit agencies. In addition to providing aircraft leases, the company offers customers lifecycle solutions, including fleet planning, aircraft resales, and aircraft disassembles. China Aircraft Leasing has multiple offices located in Asia and Europe. It works with Chinese and Asian airlines, regional operators, and other international air transportation companies.

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