Zhonggan Communication (Group) Holdings (HKSE:02545) Debt-to-EBITDA : 6.55 (As of Jun. 2024)

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What is Zhonggan Communication (Group) Holdings Debt-to-EBITDA?

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

Zhonggan Communication (Group) Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$365.5 Mil. Zhonggan Communication (Group) Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was HK$0.1 Mil. Zhonggan Communication (Group) Holdings's annualized EBITDA for the quarter that ended in Jun. 2024 was HK$55.8 Mil. Zhonggan Communication (Group) Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 6.55.

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

HKSE:02545' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.91 Med: 5.67 Max: 9.57
Current: 9.57

During the past 4 years, the highest Debt-to-EBITDA Ratio of Zhonggan Communication (Group) Holdings was 9.57. The lowest was 3.91. And the median was 5.67.

HKSE:02545's Debt-to-EBITDA is ranked worse than
93.44% of 320 companies
in the Telecommunication Services industry
Industry Median: 2.3 vs HKSE:02545: 9.57

Zhonggan Communication (Group) Holdings Debt-to-EBITDA Historical Data

The historical data trend for Zhonggan Communication (Group) 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.

Zhonggan Communication (Group) Holdings Debt-to-EBITDA Chart

Zhonggan Communication (Group) Holdings Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Debt-to-EBITDA

5.67

6.63

3.91

9.62

Zhonggan Communication (Group) Holdings Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23	Jun24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial			N/A	-	3.09	6.55	14.47

Competitive Comparison of Zhonggan Communication (Group) Holdings's Debt-to-EBITDA

For the Telecom Services subindustry, Zhonggan Communication (Group) 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.

Zhonggan Communication (Group) Holdings's Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Zhonggan Communication (Group) Holdings's Debt-to-EBITDA distribution charts can be found below:

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

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Zhonggan Communication (Group) Holdings Debt-to-EBITDA Calculation

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

Zhonggan Communication (Group) Holdings'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
	=	(380.201	+	0.141)	/	97.367
	=	3.91

Zhonggan Communication (Group) Holdings'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
	=	(365.532	+	0.066)	/	55.802
	=	6.55

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.

Zhonggan Communication (Group) Holdings (HKSE:02545) 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.

Zhonggan Communication (Group) Holdings Debt-to-EBITDA Related Terms

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

Zhonggan Communication (Group) Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Zhonggan Communication (Group) Holdings Ltd (HKSE:02545) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

2799 Tianxiang Avenue, Room 101, Block 99, Nanchang Jiahai Industrial Park, Jiangxi Province, Nanchang High-tech Industrial Development Zone, Nanchang, CHN

Website

http://www.gantongjt.com

Zhonggan Communication (Group) Holdings Ltd is a integrated service provider and software developer in China. It focuses on the provision of Telecommunications Infrastructure Services and Digitalisation Solution Services. Telecommunications Infrastructure Services comprises of infrastructure Construction Services and Infrastructure Maintenance Services. Digitalisation Solution Services comprise of Integrated Solution Services, System Maintenance Services and - Software Solution Services. Key revenue is generated from Telecommunications Infrastructure Services.

Executives

Gt & Yangtze Limited	2101 Beneficial owner
Liu Haoqiong	2201 Interest of corporation controlled by you
Tao Xiulan	2201 Interest of corporation controlled by you
Liu Dingyi	2201 Interest of corporation controlled by you
Octuple Hills Limited	2101 Beneficial owner
Huat Huat Limited	2101 Beneficial owner
Liu Dingli	2201 Interest of corporation controlled by you

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