Redsun Services Group (HKSE:01971) Debt-to-EBITDA : 0.30 (As of Jun. 2024)

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What is Redsun Services Group Debt-to-EBITDA?

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

Redsun Services Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$18 Mil. Redsun Services Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$26 Mil. Redsun Services Group's annualized EBITDA for the quarter that ended in Jun. 2024 was HK$146 Mil. Redsun Services Group's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.30.

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 Redsun Services Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:01971' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01 Med: 0.11 Max: 0.88
Current: 0.88

During the past 7 years, the highest Debt-to-EBITDA Ratio of Redsun Services Group was 0.88. The lowest was 0.01. And the median was 0.11.

HKSE:01971's Debt-to-EBITDA is ranked better than
86.7% of 1256 companies
in the Real Estate industry
Industry Median: 6.05 vs HKSE:01971: 0.88

Redsun Services Group Debt-to-EBITDA Historical Data

The historical data trend for Redsun Services Group'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.

Redsun Services Group Debt-to-EBITDA Chart

Redsun Services Group Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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0.01

0.38

0.72

Redsun Services Group Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial								0.30	0.63	0.32	-1.15	0.30

Competitive Comparison of Redsun Services Group's Debt-to-EBITDA

For the Real Estate Services subindustry, Redsun Services Group'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.

Redsun Services Group's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Redsun Services Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Redsun Services Group's Debt-to-EBITDA falls into.

Redsun Services Group Debt-to-EBITDA Calculation

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

Redsun Services Group'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
	=	(17.665	+	33.976)	/	71.391
	=	0.72

Redsun Services Group'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
	=	(18.102	+	26.023)	/	145.98
	=	0.30

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.

Redsun Services Group (HKSE:01971) 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.

Redsun Services Group Debt-to-EBITDA Related Terms

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

Redsun Services Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Redsun Services Group Ltd (HKSE:01971) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9 Daqiao North Road, 25th Floor, Hong Yang Building, Jiangsu Province, Nanjing, CHN

Website

http://www.rsunservice.hk

Redsun Services Group Ltd is a community service provider in Jiangsu province, China, with balanced property management abilities in the management of residential and commercial properties. The company provides property owners, commercial, residents and tenants with a wide range of property management services, including, among others, security, cleaning, greening and gardening, facility management, and repairs and maintenance services. It also provides Value-added services to non-property owners; and Community value-added services. It derives revenue from the provision of property management services, value-added services to non-property owners and community value-added services in Mainland China.

Executives

As Holdings Gp Llc	2106 Person having a security interest in shares
Union Lead Capital Limited	2106 Person having a security interest in shares
Cp6 Hold Co 2 Limited	2106 Person having a security interest in shares
Ares Ssg Capital Partners Vi, L.p.	2106 Person having a security interest in shares
Ares Ssg Capital Partners Vi Gp, Ltd.	2106 Person having a security interest in shares
Investment Opportunities V Pte. Limited	2106 Person having a security interest in shares
Fuchs Benjamin Aaron	2201 Interest of corporation controlled by you
Bfam Partners (cayman) Limited	2201 Interest of corporation controlled by you
Tj Capital Investors, Llc	2106 Person having a security interest in shares
Ssg Capital Partners V, L.p.	2106 Person having a security interest in shares
Ssg Capital Partners V Gp, Ltd.	2106 Person having a security interest in shares
Ressler Antony Peter	2106 Person having a security interest in shares
Cp5 Hold Co 2 Limited	2106 Person having a security interest in shares
As Holdings Lp Ltd.	2106 Person having a security interest in shares
Ares Partners Holdco Llc	2106 Person having a security interest in shares

Redsun Services Group Headlines

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