GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Noah Holdings Ltd (HKSE:06686) » Definitions » Debt-to-EBITDA

Noah Holdings (HKSE:06686) Debt-to-EBITDA : 0.08 (As of Sep. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Noah Holdings Debt-to-EBITDA?

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

Noah Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$0 Mil. Noah Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$85 Mil. Noah Holdings's annualized EBITDA for the quarter that ended in Sep. 2024 was HK$1,061 Mil. Noah Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.08.

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

HKSE:06686' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.08   Med: 0.19   Max: 1.38
Current: 0.11

During the past 13 years, the highest Debt-to-EBITDA Ratio of Noah Holdings was 1.38. The lowest was 0.08. And the median was 0.19.

HKSE:06686's Debt-to-EBITDA is ranked better than
84.94% of 352 companies
in the Asset Management industry
Industry Median: 1.41 vs HKSE:06686: 0.11

Noah Holdings Debt-to-EBITDA Historical Data

The historical data trend for Noah 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.

Noah Holdings Debt-to-EBITDA Chart

Noah Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.21 0.17 0.14 0.11

Noah Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.16 0.15 0.10 0.08

Competitive Comparison of Noah Holdings's Debt-to-EBITDA

For the Asset Management subindustry, Noah 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.


Noah Holdings's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Noah Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Noah Holdings Debt-to-EBITDA Calculation

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

Noah 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
=(67.624 + 83.71) / 1373.783
=0.11

Noah Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 85.498) / 1060.588
=0.08

* 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 four times the quarterly (Sep. 2024) EBITDA data.


Noah Holdings  (HKSE:06686) 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.


Noah Holdings Debt-to-EBITDA Related Terms

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


Noah Holdings Business Description

Traded in Other Exchanges
Address
No. 1226 South Shenbin Road, Noah Wealth Center, Minhang District, Shanghai, CHN, 201107
Noah Holdings Ltd is a wealth management service provider. It focuses on wealth investment and asset allocation services for high-net-worth individuals and enterprises in China. The company operates through three segments: wealth management, asset management, and other business. Its product offerings consisting of over-the-counter wealth management and OTC asset management products and mutual fund products. The portfolio of the group mostly includes fixed income products, private equity funds and securities investment funds. Majority of the firm revenue is generated through one-time commissions and recurring service fees paid by third-party product providers.
Executives
Ark Trust (singapore) Ltd. 2301 Trustee
Jing Investors Co., Ltd. 2101 Beneficial owner
Magic Beams Enterprises Ltd. 2201 Interest of corporation controlled by you
Wang Jingbo 2305 Beneficiary of a trust
Ark Trust (hong Kong) Limited 2301 Trustee
Rhythm Profit Investment Limited 2201 Interest of corporation controlled by you
Yin Investment Co., Ltd. 2101 Beneficial owner
Yin Zhe 2305 Beneficiary of a trust
Pandanus Partners L.p. 2201 Interest of corporation controlled by you
Pandanus Associates Inc. 2201 Interest of corporation controlled by you
Fil Limited 2201 Interest of corporation controlled by you
Ark Trust (singapore) Ltd 2301 Trustee
Jia Investment Co., Ltd. 2101 Beneficial owner
Chang Chia-yue 2201 Interest of corporation controlled by you
Ark Trust (hong Kong) Limited 2301 Trustee

Noah Holdings Headlines

No Headlines