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Sansheng Holdings (Group) Co (HKSE:02183) Debt-to-EBITDA : 14.60 (As of Dec. 2021)


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What is Sansheng Holdings (Group) Co Debt-to-EBITDA?

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

Sansheng Holdings (Group) Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was HK$5,778 Mil. Sansheng Holdings (Group) Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2021 was HK$12,454 Mil. Sansheng Holdings (Group) Co's annualized EBITDA for the quarter that ended in Dec. 2021 was HK$1,249 Mil. Sansheng Holdings (Group) Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 was 14.60.

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

HKSE:02183's Debt-to-EBITDA is not ranked *
in the Real Estate industry.
Industry Median: 6.03
* Ranked among companies with meaningful Debt-to-EBITDA only.

Sansheng Holdings (Group) Co Debt-to-EBITDA Historical Data

The historical data trend for Sansheng Holdings (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.

* Premium members only.

Sansheng Holdings (Group) Co Debt-to-EBITDA Chart

Sansheng Holdings (Group) Co Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.04 830.97 25.74 11.56 12.47

Sansheng Holdings (Group) Co Semi-Annual Data
Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.75 14.65 7.85 13.80 14.60

Competitive Comparison of Sansheng Holdings (Group) Co's Debt-to-EBITDA

For the Real Estate - Development subindustry, Sansheng Holdings (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.


Sansheng Holdings (Group) Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Sansheng Holdings (Group) Co's Debt-to-EBITDA distribution charts can be found below:

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



Sansheng Holdings (Group) Co Debt-to-EBITDA Calculation

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

Sansheng Holdings (Group) Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5777.593 + 12454.022) / 1462.13
=12.47

Sansheng Holdings (Group) Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5777.593 + 12454.022) / 1248.506
=14.60

* 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. 2021) EBITDA data.


Sansheng Holdings (Group) Co  (HKSE:02183) 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.


Sansheng Holdings (Group) Co Debt-to-EBITDA Related Terms

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


Sansheng Holdings (Group) Co Business Description

Traded in Other Exchanges
N/A
Address
The Gateway Tower 6, Room 3207, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Sansheng Holdings (Group) Co Ltd together with its subsidiaries is engaged in property development and sale, and property investment. Its portfolio includes commercial or non-residential properties. It has a geographical presence in Hong Kong and China. The company's revenue mainly derived from sales of properties, with a small proportion from investment properties rental income.
Executives
Mega Regal Limited 2101 Beneficial owner
Cheng Xuan 2202 Interest of your spouse
Lin Rongbin 2201 Interest of corporation controlled by you
China Orient Asset Management Co., Ltd. 2201 Interest of corporation controlled by you
Springboard Holdings Limited 2101 Beneficial owner
Lau Luen Hung, Thomas 2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Gu Fen You Xian Gong Si 2201 Interest of corporation controlled by you
Dong Xing Zheng Quan Xiang Gang Jin Rong Kong Gu You Xian Gong Si 2106 Person having a security interest in shares
Modern Times Development Limited 2201 Interest of corporation controlled by you

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