Kangda International Environmental Co (HKSE:06136) Debt-to-EBITDA : 11.47 (As of Dec. 2023)

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What is Kangda International Environmental Co Debt-to-EBITDA?

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

Kangda International Environmental Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$3,830 Mil. Kangda International Environmental Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$7,017 Mil. Kangda International Environmental Co's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$945 Mil. Kangda International Environmental Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 11.47.

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 Kangda International Environmental Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:06136' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.89 Med: 8.11 Max: 10.93
Current: 10.93

During the past 11 years, the highest Debt-to-EBITDA Ratio of Kangda International Environmental Co was 10.93. The lowest was 5.89. And the median was 8.11.

HKSE:06136's Debt-to-EBITDA is ranked worse than
89.46% of 465 companies
in the Utilities - Regulated industry
Industry Median: 3.66 vs HKSE:06136: 10.93

Kangda International Environmental Co Debt-to-EBITDA Historical Data

The historical data trend for Kangda International Environmental 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.

Kangda International Environmental Co Debt-to-EBITDA Chart

Kangda International Environmental Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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8.08

7.47

7.97

9.28

10.93

Kangda International Environmental Co Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial															8.53	8.23	11.09	10.29	11.47

Competitive Comparison of Kangda International Environmental Co's Debt-to-EBITDA

For the Utilities - Regulated Water subindustry, Kangda International Environmental 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.

Kangda International Environmental Co's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Kangda International Environmental Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Kangda International Environmental Co's Debt-to-EBITDA falls into.

Kangda International Environmental Co Debt-to-EBITDA Calculation

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

Kangda International Environmental 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
	=	(3829.839	+	7017.204)	/	992.47
	=	10.93

Kangda International Environmental Co'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
	=	(3829.839	+	7017.204)	/	945.436
	=	11.47

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.

Kangda International Environmental Co (HKSE:06136) 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.

Kangda International Environmental Co Debt-to-EBITDA Related Terms

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

Kangda International Environmental Co (HKSE:06136) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Kangda International Environmental Co Ltd (HKSE:06136) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 72, Avenue of Stars, High-Tech Park, North New Zone, Chongqing, CHN

Website

http://www.kangdaep.com

Kangda International Environmental Co Ltd provides water and waste treatment, new energy development, and environmental protection equipment. The company has three reportable segments namely Urban Water Treatment, Water Environment Comprehensive Remediation and Rural Water Improvement. It generates maximum revenue from the Urban Water Treatment segment. Geographically, it derives revenue from Mainland China. It serves various sectors of the water industry such as integrated watershed management, sponge cities, reclaimed water, sludge, heat pump, and photovoltaic.

Executives

Bpea Eqt Holdings Ab	2201 Interest of corporation controlled by you
Eqt Ab	2201 Interest of corporation controlled by you
Salata Jean Eric	2201 Interest of corporation controlled by you
Zhao Juanxian (alias, Junxian)	2401 A concert party to an agreement to buy shares
Zhao Sizhen	2201 Interest of corporation controlled by you
Kangda Holdings Company Limited	2101 Beneficial owner
China Water Affairs Group Limited	2201 Interest of corporation controlled by you
Sharp Profit Investments Limited	2101 Beneficial owner
Baring Private Equity Asia Gp V Limited
Baring Private Equity Asia Gp V, L.p.
Baring Private Equity Asia V Holding (5) Limited
The Baring Asia Private Equity Fund V, L.p.

Kangda International Environmental Co (HKSE:06136) Headlines

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