Lushang Life Services Co (HKSE:02376) Debt-to-EBITDA : 0.17 (As of Jun. 2024)

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What is Lushang Life Services Co Debt-to-EBITDA?

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

Lushang Life Services Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$8.6 Mil. Lushang Life Services Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$1.9 Mil. Lushang Life Services Co's annualized EBITDA for the quarter that ended in Jun. 2024 was HK$62.5 Mil. Lushang Life Services Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 0.17.

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 Lushang Life Services Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02376' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.03 Med: 0.03 Max: 1.78
Current: 0.13

During the past 6 years, the highest Debt-to-EBITDA Ratio of Lushang Life Services Co was 1.78. The lowest was 0.03. And the median was 0.03.

HKSE:02376's Debt-to-EBITDA is ranked better than
95.86% of 1256 companies
in the Real Estate industry
Industry Median: 6.055 vs HKSE:02376: 0.13

Lushang Life Services Co Debt-to-EBITDA Historical Data

The historical data trend for Lushang Life Services 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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Lushang Life Services Co Debt-to-EBITDA Chart

Lushang Life Services Co Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-EBITDA

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1.78

0.03

0.04

0.14

Lushang Life Services Co Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial					0.03	0.06	0.05	0.17	0.13

Competitive Comparison of Lushang Life Services Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Lushang Life Services 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.

Lushang Life Services Co's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where Lushang Life Services Co's Debt-to-EBITDA falls into.

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Lushang Life Services Co Debt-to-EBITDA Calculation

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

Lushang Life Services 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
	=	(0.369	+	1.904)	/	64.1
	=	0.04

Lushang Life Services 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
	=	(8.621	+	1.899)	/	62.474
	=	0.17

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.

Lushang Life Services Co (HKSE:02376) 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.

Lushang Life Services Co Debt-to-EBITDA Related Terms

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

Lushang Life Services Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Lushang Life Services Co Ltd (HKSE:02376) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9777 Jingshi Road, Room 202, Block 2, Lushang Guo’ao City, Lixia District, Shandong Province, Jinan, CHN

Website

https://www.lushangfuwu.com

Lushang Life Services Co Ltd is principally engaged in the provision of property management services, community value-added services, and value-added services to non-property owners. It manages a diverse portfolio of properties, including residential properties; commercial properties such as commercial complexes, office buildings, and apartments; and other types of properties including municipal facilities such as city roads, schools, theme towns, hospitals, banks, industrial parks, and airline base property. It derives the majority of from property management services that comprise comprising cleaning, security, greening, repair and maintenance, public area maintenance, and other property management-related services.

Executives

Bei Jing Cheng Jian Fang Di Chan Kai Fa You Xian Gong Si
Bei Jing Cheng Jian Ji Tuan You Xian Ze Ren Gong Si
Central Huijin Investment Ltd.	2201 Interest of corporation controlled by you
Abc International Holdings Limited	2201 Interest of corporation controlled by you
Abci Securities Company Limited	2105 Underwriter
Agricultural Bank Of China Limited	2201 Interest of corporation controlled by you
China International Economic Trading Limited
Huatai Securities Co., Ltd.	2201 Interest of corporation controlled by you
Hwabao Trust Co., Ltd	2301 Trustee
Abci Capital Limited	2501 Other
Lu Dunke	2201 Interest of corporation controlled by you
Fan Qinyuan	2201 Interest of corporation controlled by you
Wen Shang Xian Ke Jin Jian An Lao Wu You Xian Ze Ren Gong Si	2101 Beneficial owner
Nan Tong Chen Yun Jian Zhu Lao Wu You Xian Gong Si	2101 Beneficial owner
Shan Dong Tian Qi Chuang Ye Tou Zi You Xian Gong Si	2101 Beneficial owner

Lushang Life Services Co Headlines

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