China New Consumption Group (HKSE:08275) Debt-to-EBITDA : -0.41 (As of Sep. 2023)

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What is China New Consumption Group Debt-to-EBITDA?

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

China New Consumption Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$3.7 Mil. China New Consumption Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$2.2 Mil. China New Consumption Group's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-14.2 Mil. China New Consumption Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.41.

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 Consumption Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:08275' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -21.91 Med: 0.29 Max: 17.55
Current: -1.88

During the past 8 years, the highest Debt-to-EBITDA Ratio of China New Consumption Group was 17.55. The lowest was -21.91. And the median was 0.29.

HKSE:08275's Debt-to-EBITDA is ranked worse than
100% of 1313 companies
in the Construction industry
Industry Median: 2.31 vs HKSE:08275: -1.88

China New Consumption Group Debt-to-EBITDA Historical Data

The historical data trend for China New Consumption Group'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.

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China New Consumption Group Debt-to-EBITDA Chart

China New Consumption Group Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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1.84

14.70

-21.91

-0.53

-0.43

China New Consumption Group Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.21	-	-0.28	-	-0.41

Competitive Comparison of China New Consumption Group's Debt-to-EBITDA

For the Engineering & Construction subindustry, China New Consumption Group'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 Consumption Group's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, China New Consumption Group's Debt-to-EBITDA distribution charts can be found below:

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

China New Consumption Group Debt-to-EBITDA Calculation

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

China New Consumption Group's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(4.273	+	3.197)	/	-17.454
	=	-0.43

China New Consumption Group's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(3.677	+	2.176)	/	-14.192
	=	-0.41

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. 2023) EBITDA data.

China New Consumption Group (HKSE:08275) 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 Consumption Group Debt-to-EBITDA Related Terms

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

China New Consumption Group (HKSE:08275) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » China New Consumption Group Ltd (HKSE:08275) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

16-26 Kwai Tak Street, Room 1204, 12th Floor, Block 2, Golden Industrial Building, Kwai Chung, New Territories, Hong Kong, HKG

Website

http://www.tfcel.com.hk

China New Consumption Group Ltd is a subcontractor primarily engaged in the foundation business in Hong Kong. It offers specialized foundation works, mainly the removal of pre-existing foundations or obstructing piles for urban renewal or railway projects. Geographically, it has a business presence in Hong Kong and Macau, of which key revenue is generated in Hong Kong. The group derives revenue from the construction contract, ancillary services, and machinery rental income.

Executives

Wong Fei Heung Terbe	2201 Interest of corporation controlled by you
Goldstone Wealth Management Limited	2101 Beneficial owner
Goldstone 1 Lpf	2101 Beneficial owner
Lam Yu Chor Paul	2201 Interest of corporation controlled by you
Success Run International Limited	2101 Beneficial owner
Tai Pik Yeung Tyler	2101 Beneficial owner
China New Economy Fund Limited	2101 Beneficial owner

China New Consumption Group (HKSE:08275) Headlines

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