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China New Holdings (HKSE:08125) Debt-to-EBITDA : N/A (As of Sep. 2024)


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What is China New Holdings Debt-to-EBITDA?

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

China New Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$0.96 Mil. China New Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was HK$0.00 Mil. China New Holdings's annualized EBITDA for the quarter that ended in Sep. 2024 was HK$0.00 Mil.

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

HKSE:08125' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.73   Med: -1.03   Max: 2.37
Current: -0.17

During the past 11 years, the highest Debt-to-EBITDA Ratio of China New Holdings was 2.37. The lowest was -2.73. And the median was -1.03.

HKSE:08125's Debt-to-EBITDA is ranked worse than
100% of 340 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.875 vs HKSE:08125: -0.17

China New Holdings Debt-to-EBITDA Historical Data

The historical data trend for China New 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.

China New Holdings Debt-to-EBITDA Chart

China New Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.28 -1.89 -2.73 -1.34 2.37

China New Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 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 -0.49 - -0.51 N/A N/A

Competitive Comparison of China New Holdings's Debt-to-EBITDA

For the Furnishings, Fixtures & Appliances subindustry, China New 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.


China New Holdings's Debt-to-EBITDA Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, China New Holdings's Debt-to-EBITDA distribution charts can be found below:

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


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China New Holdings Debt-to-EBITDA Calculation

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

China New Holdings's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.902 + 0) / 0.802
=2.37

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

* 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.


China New Holdings  (HKSE:08125) 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.


China New Holdings Debt-to-EBITDA Related Terms

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


China New Holdings Business Description

Traded in Other Exchanges
N/A
Address
26 Harbour Road, Suite 2201, 22nd Floor, China Resources Building, Wanchai, Hong Kong, HKG
China New Holdings Ltd is engaged in businesses including: design, fitting out and engineering services, leasing of construction equipment, sourcing and merchandising of fine and rare wines and financial services business.
Executives
Li Shing Kuen Alexander 2101 Beneficial owner
Max Premier Limited 2101 Beneficial owner
Zhao Chuanrong 2101 Beneficial owner
Hong Kong Chaoshang Group Limited 2101 Beneficial owner

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