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Shanxi Installation Group Co (HKSE:02520) Debt-to-EBITDA : 11.50 (As of Jun. 2024)


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What is Shanxi Installation Group Co Debt-to-EBITDA?

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

Shanxi Installation Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$5,021 Mil. Shanxi Installation Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$3,697 Mil. Shanxi Installation Group Co's annualized EBITDA for the quarter that ended in Jun. 2024 was HK$758 Mil. Shanxi Installation Group Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 11.50.

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 Shanxi Installation Group Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:02520' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 4.39   Med: 6.93   Max: 11.63
Current: 11.63

During the past 4 years, the highest Debt-to-EBITDA Ratio of Shanxi Installation Group Co was 11.63. The lowest was 4.39. And the median was 6.93.

HKSE:02520's Debt-to-EBITDA is ranked worse than
91.35% of 1364 companies
in the Construction industry
Industry Median: 2.335 vs HKSE:02520: 11.63

Shanxi Installation Group Co Debt-to-EBITDA Historical Data

The historical data trend for Shanxi Installation 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.

Shanxi Installation Group Co Debt-to-EBITDA Chart

Shanxi Installation Group Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
4.39 6.14 7.73 8.89

Shanxi Installation Group Co Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Debt-to-EBITDA Get a 7-Day Free Trial - 9.17 8.97 9.04 11.50

Competitive Comparison of Shanxi Installation Group Co's Debt-to-EBITDA

For the Engineering & Construction subindustry, Shanxi Installation 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.

Shanxi Installation Group Co's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Shanxi Installation Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Shanxi Installation Group Co's Debt-to-EBITDA falls into.


Shanxi Installation Group Co Debt-to-EBITDA Calculation

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

Shanxi Installation 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
=(3162.7 + 3532.352) / 753.014
=8.89

Shanxi Installation 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
=(5020.848 + 3697.44) / 757.902
=11.50

* 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 (Jun. 2024) EBITDA data.

Shanxi Installation Group Co  (HKSE:02520) 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.

Shanxi Installation Group Co Debt-to-EBITDA Related Terms

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

Shanxi Installation Group Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Shanxi Installation Group Co Ltd (HKSE:02520) » Definitions » Debt-to-EBITDA
Comparable Companies
HKSE:00331 HKSE:09913 HKSE:02355 HKSE:01599 HKSE:01271 HKSE:01726 HKSE:02236 HKSE:01662 HKSE:03928 HKSE:00830 XPAR:DG NSE:LT PWR SHSE:601668 TSX:WSP EME SHSE:601390 HKSE:01800 J XKRX:028260
Traded in Other Exchanges
N/A
Address
No. 8 Xinhua Road, Tanghuai Industrial Park, Shanxi Transformation and Comprehensive, Reform Demonstration Zone, Shanxi, Taiyuan, CHN
Website
http://www.sxaz.com.cn
Shanxi Installation Group Co Ltd is a construction service provider based in Taiyuan, a city in Shanxi Province, China. It is engaged in specialized industrial construction, specialized auxiliary construction, other construction, and non-construction business. It offers a wide range of services, from design and consulting, investment and construction, and building construction, to operation and maintenance.
Executives
Xiang Gang Li Jun Jian An Tou Zi You Xian Gong Si 2101 Beneficial owner
Citic Securities Company Limited 2201 Interest of corporation controlled by you
Xi An Shan Gong Guo Ji Jian Zhu Gong Cheng You Xian Gong Si 2201 Interest of corporation controlled by you
Ming Yang Zhi Hui Neng Yuan Ji Tuan Gu Fen Gong Si 2101 Beneficial owner
Gaoteng Global Asset Management Limited 2201 Interest of corporation controlled by you
Jinyi Capital Multi-strategy Fund Spc Ltd. 2101 Beneficial owner
Hai Nan Tian Kun Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Tian Kun Shen Yi Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Jin Luo Shen Zhen Si Mu Gu Quan Tou Zi Ji Jin Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Jiang Su Wan Wei Dian Qi You Xian Gong Si 2201 Interest of corporation controlled by you
Hai Nan Tian Kun Xian Ning Si Mu Gu Quan Tou Zi Ji Jin He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Hai Nan Jing Tai Jing Zhun Gu Quan Si Mu Ji Jin Er Qi He Huo Qi Ye You Xian He Huo 2101 Beneficial owner
Si Chuan Hua Zhi Ye Can Dian Li She Ji You Xian Gong Si 2201 Interest of corporation controlled by you
Jing Tai Chuang Ye Tou Zi Si Mu Ji Jin Guan Li Hai Nan He Huo Qi Ye You Xian He Huo 2201 Interest of corporation controlled by you

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