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Dalipal Holdings (HKSE:01921) Debt-to-EBITDA : 6.95 (As of Dec. 2023)


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What is Dalipal Holdings Debt-to-EBITDA?

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

Dalipal Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$1,291 Mil. Dalipal Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$651 Mil. Dalipal Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$279 Mil. Dalipal Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 6.95.

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 Dalipal Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:01921' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.82   Med: 4.87   Max: 29.19
Current: 7.62

During the past 8 years, the highest Debt-to-EBITDA Ratio of Dalipal Holdings was 29.19. The lowest was 2.82. And the median was 4.87.

HKSE:01921's Debt-to-EBITDA is ranked worse than
90.88% of 724 companies
in the Oil & Gas industry
Industry Median: 1.78 vs HKSE:01921: 7.62

Dalipal Holdings Debt-to-EBITDA Historical Data

The historical data trend for Dalipal 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.

Dalipal Holdings Debt-to-EBITDA Chart

Dalipal Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 3.95 29.19 7.66 4.91 4.82

Dalipal Holdings Semi-Annual Data
Dec16 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 9.47 13.64 5.35 9.08 6.95

Competitive Comparison of Dalipal Holdings's Debt-to-EBITDA

For the Oil & Gas Equipment & Services subindustry, Dalipal 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.


Dalipal Holdings's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Dalipal Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Dalipal Holdings Debt-to-EBITDA Calculation

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

Dalipal 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
=(1290.566 + 651.202) / 402.767
=4.82

Dalipal 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
=(1290.566 + 651.202) / 279.278
=6.95

* 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.


Dalipal Holdings  (HKSE:01921) 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.


Dalipal Holdings Debt-to-EBITDA Related Terms

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


Dalipal Holdings Business Description

Traded in Other Exchanges
N/A
Address
Nanshugang Road, No.1 Zhuangbei District, Bohai New District, Hebei Province, Cangzhou, CHN
Dalipal Holdings Ltd is engaged in the development, manufacture and sale of oil and gas pipes, new energy pipes and special seamless steel pipes and and other products. The company generates the majority of the revenue from the Sales of oil and gas pipes. The company operates in China and overseas, out of which China accounts for the majority of the revenue.
Executives
Luo Yumei 2202 Interest of your spouse
Meng Fanyong 2101 Beneficial owner
Sheng Xing You Xian Gong Si 2101 Beneficial owner
Xing Jie You Xian Gong Si 2101 Beneficial owner

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