KRP Development Holdings (HKSE:02421) Debt-to-EBITDA : 0.19 (As of Sep. 2023)

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What is KRP Development Holdings Debt-to-EBITDA?

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

KRP Development Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$20.3 Mil. KRP Development Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$0.1 Mil. KRP Development Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$109.1 Mil. KRP Development Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 0.19.

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 KRP Development Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:02421' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0 Med: 0.69 Max: 1.17
Current: 0.11

During the past 4 years, the highest Debt-to-EBITDA Ratio of KRP Development Holdings was 1.17. The lowest was 0.00. And the median was 0.69.

HKSE:02421's Debt-to-EBITDA is ranked better than
94.88% of 1249 companies
in the Real Estate industry
Industry Median: 6.02 vs HKSE:02421: 0.11

KRP Development Holdings Debt-to-EBITDA Historical Data

The historical data trend for KRP Development Holdings'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.

KRP Development Holdings Debt-to-EBITDA Chart

KRP Development Holdings Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

1.17

0.95

0.42

KRP Development Holdings Semi-Annual Data
	Mar20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	0.40	0.22	0.01	0.19

Competitive Comparison of KRP Development Holdings's Debt-to-EBITDA

For the Real Estate - Development subindustry, KRP Development Holdings'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.

KRP Development Holdings's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, KRP Development Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where KRP Development Holdings's Debt-to-EBITDA falls into.

KRP Development Holdings Debt-to-EBITDA Calculation

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

KRP Development Holdings'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
	=	(0.569	+	1.665)	/	520.279
	=	0.00

KRP Development Holdings'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
	=	(20.341	+	0.118)	/	109.054
	=	0.19

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.

KRP Development Holdings (HKSE:02421) 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.

KRP Development Holdings Debt-to-EBITDA Related Terms

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

KRP Development Holdings (HKSE:02421) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » KRP Development Holdings Ltd (HKSE:02421) » Definitions » Debt-to-EBITDA

Traded in Other Exchanges

N/A

Address

611–619 Castle Peak Road, Block C, 9th Floor, Southeast Industrial Building, Tsuen Wan, New Territories, Hong Kong, HKG

Website

http://www.krpd.com.hk

KRP Development Holdings Ltd is a boutique residential property developer, It is principally engaged in development and sales of residential properties in the fast-developing residential markets in Dongguan, Huizhou and Foshan. It has developed two product series for homebuyers, namely, Villas series, targeting middle income and move-up homebuyers, and Mansion, targeting first-time homebuyers and retirees.

Executives

Tmf (b.v.i.) Ltd.	2201 Interest of corporation controlled by you
New Sense Enterprises Limited	2101 Beneficial owner
Castfast Properties Development Co., Limited	2101 Beneficial owner
Honford Investments Limited	2201 Interest of corporation controlled by you
The Wedding City Co. Limited	2101 Beneficial owner
Ho Cheuk Fai	2201 Interest of corporation controlled by you
Ho Po Chu	2201 Interest of corporation controlled by you
Ho Cheuk Ming	2201 Interest of corporation controlled by you

KRP Development Holdings (HKSE:02421) Headlines

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