Changsha Broad Homes Industrial Group Co (HKSE:02163) Debt-to-EBITDA : -20.67 (As of Jun. 2024)

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What is Changsha Broad Homes Industrial Group Co Debt-to-EBITDA?

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

Changsha Broad Homes Industrial Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$2,457 Mil. Changsha Broad Homes Industrial Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$1,366 Mil. Changsha Broad Homes Industrial Group Co's annualized EBITDA for the quarter that ended in Jun. 2024 was HK$-185 Mil. Changsha Broad Homes Industrial Group Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -20.67.

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 Changsha Broad Homes Industrial Group Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02163' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -20.56 Med: 4.37 Max: 416.08
Current: -20.56

During the past 8 years, the highest Debt-to-EBITDA Ratio of Changsha Broad Homes Industrial Group Co was 416.08. The lowest was -20.56. And the median was 4.37.

HKSE:02163's Debt-to-EBITDA is ranked worse than
100% of 1366 companies
in the Construction industry
Industry Median: 2.3 vs HKSE:02163: -20.56

Changsha Broad Homes Industrial Group Co Debt-to-EBITDA Historical Data

The historical data trend for Changsha Broad Homes Industrial Group 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.

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Changsha Broad Homes Industrial Group Co Debt-to-EBITDA Chart

Changsha Broad Homes Industrial Group Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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2.76

4.78

7.45

-8.52

416.08

Changsha Broad Homes Industrial Group Co Semi-Annual Data
	Dec16	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Debt-to-EBITDA	Get a 7-Day Free Trial									-13.92	-5.96	19.84	-22.02	-20.67

Competitive Comparison of Changsha Broad Homes Industrial Group Co's Debt-to-EBITDA

For the Engineering & Construction subindustry, Changsha Broad Homes Industrial Group 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.

Changsha Broad Homes Industrial Group Co's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Changsha Broad Homes Industrial Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Changsha Broad Homes Industrial Group Co's Debt-to-EBITDA falls into.

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Changsha Broad Homes Industrial Group Co Debt-to-EBITDA Calculation

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

Changsha Broad Homes Industrial Group 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
	=	(2962.728	+	1156.861)	/	9.901
	=	416.08

Changsha Broad Homes Industrial Group 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
	=	(2457.086	+	1366.41)	/	-184.944
	=	-20.67

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.

Changsha Broad Homes Industrial Group Co (HKSE:02163) 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.

Changsha Broad Homes Industrial Group Co Debt-to-EBITDA Related Terms

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

Changsha Broad Homes Industrial Group Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Changsha Broad Homes Industrial Group Co Ltd (HKSE:02163) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 248, Yinshuang Road, Yuelu District, Hunan Province, Changsha, CHN

Website

http://www.bhome.com.cn

Changsha Broad Homes Industrial Group Co Ltd is involved in the construction industry in China. The business activities of the group are conducted through four segments namely PC unit manufacturing business, Modular Integrated Products Manufacturing, Digital EPC, and PC equipment manufacturing business. PC Unit Manufacturing segment derives revenue from the design, manufacturing, and sale of PC units. Geographically, it generates revenue from China.

Executives

Zhang Jian	2202 Interest of your spouse
Li Richard	2201 Interest of corporation controlled by you
Olp Capital Management Limited	2102 Investment manager
Rcwl Inc.	2201 Interest of corporation controlled by you
Shen Di Fan	2201 Interest of corporation controlled by you
Ubs Group Ag	2201 Interest of corporation controlled by you
Franchise Fund Lp	2101 Beneficial owner
Hu Nan Xiang Jiang Xin Qu Fa Zhan Ji Tuan You Xian Gong Si	2201 Interest of corporation controlled by you
Chang Sha Xiang Jiang Zi Chan Guan Li You Xian Gong Si	2305 Beneficiary of a trust
Massachusetts Institute Of Technology	2201 Interest of corporation controlled by you

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