China ITS (Holdings) Co (HKSE:01900) Debt-to-EBITDA : 11.93 (As of Jun. 2024)

View and export this data going back to 2010. Start your Free Trial

What is China ITS (Holdings) Co Debt-to-EBITDA?

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

China ITS (Holdings) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$307.0 Mil. China ITS (Holdings) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$0.0 Mil. China ITS (Holdings) Co's annualized EBITDA for the quarter that ended in Jun. 2024 was HK$25.7 Mil. China ITS (Holdings) Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 11.93.

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

HKSE:01900' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.66 Med: 1.29 Max: 55.96
Current: 1.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of China ITS (Holdings) Co was 55.96. The lowest was -13.66. And the median was 1.29.

HKSE:01900's Debt-to-EBITDA is ranked worse than
62.07% of 1645 companies
in the Software industry
Industry Median: 1.05 vs HKSE:01900: 1.71

China ITS (Holdings) Co Debt-to-EBITDA Historical Data

The historical data trend for China ITS (Holdings) 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.

China ITS (Holdings) Co Debt-to-EBITDA Chart

China ITS (Holdings) Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

Get a 7-Day Free Trial

55.96

-9.10

1.59

1.56

1.02

China ITS (Holdings) Co Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial															3.47	1.15	0.73	0.91	11.93

Competitive Comparison of China ITS (Holdings) Co's Debt-to-EBITDA

For the Information Technology Services subindustry, China ITS (Holdings) 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.

China ITS (Holdings) Co's Debt-to-EBITDA Distribution in the Software Industry

For the Software industry and Technology sector, China ITS (Holdings) Co's Debt-to-EBITDA distribution charts can be found below:

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

China ITS (Holdings) Co Debt-to-EBITDA Calculation

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

China ITS (Holdings) 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
	=	(300.811	+	0)	/	294.392
	=	1.02

China ITS (Holdings) Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(307.007	+	0)	/	25.728
	=	11.93

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 (Jun. 2024) EBITDA data.

China ITS (Holdings) Co (HKSE:01900) 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 ITS (Holdings) Co Debt-to-EBITDA Related Terms

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

China ITS (Holdings) Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » China ITS (Holdings) Co Ltd (HKSE:01900) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

Jiuxianqiao North Road, Building 204, No. A10, Chaoyang District, Beijing, CHN, 100015

Website

http://www.its.cn

China ITS (Holdings) Co Ltd and its subsidiaries mainly provide products, solutions, and services related to infrastructure technology in the railway and electric power sectors. The operating business segments are Railway business is engaged in the provision of products and specialized solutions mainly including railway communication products and energy-base products and the provision of operation and services such as maintenance, network optimization and planning, and technical consulting for the products related to the communication system. The Electric power business segment provides products and specialized solutions related to electric power equipment for customers in the electric power infrastructure construction area. Geographically, the company operates in China and Myanmar.

Executives

Best Partners Development Limited	2501 Other
China Its Co., Ltd.	2101 Beneficial owner
Jiang Hailin	2201 Interest of corporation controlled by you
Liao Jie	2101 Beneficial owner
Central Huijin Investment Ltd.	2106 Person having a security interest in shares
China Construction Bank Corporation	2106 Person having a security interest in shares
Joyful Business Holdings Limited	2101 Beneficial owner
Credit Suisse Trust Limited	2301 Trustee
Fino Investments Limited	2201 Interest of corporation controlled by you
Tesco Investments Limited	2201 Interest of corporation controlled by you

China ITS (Holdings) Co Headlines

No Headlines