New Hope Service Holdings (HKSE:03658) Debt-to-EBITDA : 0.20 (As of Dec. 2023)

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What is New Hope Service Holdings Debt-to-EBITDA?

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

New Hope Service Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$13 Mil. New Hope Service Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$50 Mil. New Hope Service Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$313 Mil. New Hope Service Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.20.

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 New Hope Service Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:03658' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.19 Med: 0.3 Max: 4.68
Current: 0.2

During the past 6 years, the highest Debt-to-EBITDA Ratio of New Hope Service Holdings was 4.68. The lowest was 0.19. And the median was 0.30.

HKSE:03658's Debt-to-EBITDA is ranked better than
93.54% of 1253 companies
in the Real Estate industry
Industry Median: 5.98 vs HKSE:03658: 0.20

New Hope Service Holdings Debt-to-EBITDA Historical Data

The historical data trend for New Hope Service 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.

New Hope Service Holdings Debt-to-EBITDA Chart

New Hope Service Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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4.68

0.29

0.32

0.23

0.19

New Hope Service Holdings Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial					0.26	0.28	0.23	0.23	0.20

Competitive Comparison of New Hope Service Holdings's Debt-to-EBITDA

For the Real Estate Services subindustry, New Hope Service 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.

New Hope Service Holdings's Debt-to-EBITDA Distribution in the Real Estate Industry

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

* The bar in red indicates where New Hope Service Holdings's Debt-to-EBITDA falls into.

New Hope Service Holdings Debt-to-EBITDA Calculation

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

New Hope Service 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
	=	(13.077	+	49.594)	/	339.567
	=	0.18

New Hope Service Holdings's annualized Debt-to-EBITDA for the quarter 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
	=	(13.077	+	49.594)	/	313.45
	=	0.20

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. 2023) EBITDA data.

New Hope Service Holdings (HKSE:03658) 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.

New Hope Service Holdings Debt-to-EBITDA Related Terms

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

New Hope Service Holdings (HKSE:03658) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » New Hope Service Holdings Ltd (HKSE:03658) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 366 Jinshi Road, 16th Floor, Building 2, New Hope Zhongding International, Jinjiang District, Chengdu, Sichuan, CHN, 610000

Website

https://www.newhopeservice.com.cn

New Hope Service Holdings Ltd is a Chinese comprehensive property management and livelihood service operator, providing property management services, nonprofit Owner's value-added services, commercial operation services, and life services.

Executives

Li Wei	2202 Interest of your spouse
Chen Jing	2201 Interest of corporation controlled by you
Zhang Minggui	2201 Interest of corporation controlled by you
Wu Min	2201 Interest of corporation controlled by you
Tmf Trust (hk) Limited	2301 Trustee
New Voyage Development Limited	2101 Beneficial owner
New Range Development Limited	2201 Interest of corporation controlled by you
Jiang Mengjun	2201 Interest of corporation controlled by you
Huang Kun	2201 Interest of corporation controlled by you
Adventure Way Pte. Ltd.	2501 Other
Vistra Trust (singapore) Pte. Limited	2301 Trustee
Sea Glory Developments Limited	2201 Interest of corporation controlled by you
New Prosperity Development Limited	2201 Interest of corporation controlled by you
Medea Investments Limited	2201 Interest of corporation controlled by you
Liu Yonghao	2201 Interest of corporation controlled by you

New Hope Service Holdings (HKSE:03658) Headlines

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