Landrich Holding (HKSE:02132) Debt-to-EBITDA : 0.43 (As of Sep. 2023)

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What is Landrich Holding Debt-to-EBITDA?

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

Landrich Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$19 Mil. Landrich Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2 Mil. Landrich Holding's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$48 Mil. Landrich Holding's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.43.

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

HKSE:02132' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0.33 Max: 0.62
Current: 0.52

During the past 8 years, the highest Debt-to-EBITDA Ratio of Landrich Holding was 0.62. The lowest was 0.00. And the median was 0.33.

HKSE:02132's Debt-to-EBITDA is ranked better than
80.75% of 1309 companies
in the Construction industry
Industry Median: 2.32 vs HKSE:02132: 0.52

Landrich Holding Debt-to-EBITDA Historical Data

The historical data trend for Landrich 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.

Landrich Holding Debt-to-EBITDA Chart

Landrich Holding Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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0.62

0.43

0.23

0.53

0.59

Landrich Holding Semi-Annual Data
	Mar16	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial								0.36	1.18	0.77	1.07	0.43

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

For the Engineering & Construction subindustry, Landrich 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.

Landrich Holding's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Landrich Holding's Debt-to-EBITDA distribution charts can be found below:

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

Landrich Holding Debt-to-EBITDA Calculation

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

Landrich Holding's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(31.879	+	0.846)	/	55.409
	=	0.59

Landrich Holding's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(18.789	+	1.688)	/	47.636
	=	0.43

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 (Sep. 2023) EBITDA data.

Landrich Holding (HKSE:02132) 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.

Landrich Holding Debt-to-EBITDA Related Terms

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

Landrich Holding (HKSE:02132) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Landrich Holding Ltd (HKSE:02132) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

6 Sha Tsui Road, Unit 2808, 28th Floor, The Octagon, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.landrich.com.hk

Landrich Holding Ltd is a construction company. It undertakes civil engineering works as either a main contractor or a subcontractor. The civil engineering projects can be broadly classified as roads and drainage works and site formation works. Further the company is also involved in the building works.

Executives

New Brilliance Enterprises Limited	2101 Beneficial owner
Tsui Kai Kwong	2201 Interest of corporation controlled by you
Wong Cheuk Mui	2202 Interest of your spouse

Landrich Holding (HKSE:02132) Headlines

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