Zhejiang United Investment Holdings Group (HKSE:08366) Debt-to-EBITDA : -13.06 (As of Oct. 2023)

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What is Zhejiang United Investment Holdings Group Debt-to-EBITDA?

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

Zhejiang United Investment Holdings Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$10.7 Mil. Zhejiang United Investment Holdings Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was HK$0.0 Mil. Zhejiang United Investment Holdings Group's annualized EBITDA for the quarter that ended in Oct. 2023 was HK$-0.8 Mil. Zhejiang United Investment Holdings Group's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was -13.06.

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 Zhejiang United Investment Holdings Group's Debt-to-EBITDA or its related term are showing as below:

HKSE:08366' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.57 Med: 0 Max: 0.31
Current: -5.57

During the past 9 years, the highest Debt-to-EBITDA Ratio of Zhejiang United Investment Holdings Group was 0.31. The lowest was -5.57. And the median was 0.00.

HKSE:08366's Debt-to-EBITDA is ranked worse than
100% of 1313 companies
in the Construction industry
Industry Median: 2.31 vs HKSE:08366: -5.57

Zhejiang United Investment Holdings Group Debt-to-EBITDA Historical Data

The historical data trend for Zhejiang United Investment Holdings 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.

* Premium members only.

Zhejiang United Investment Holdings Group Debt-to-EBITDA Chart

Zhejiang United Investment Holdings Group Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Debt-to-EBITDA

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-0.75

-4.01

Zhejiang United Investment Holdings Group Quarterly Data
	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-EBITDA	Get a 7-Day Free Trial															-5.42	-	16.42	-	-13.06

Competitive Comparison of Zhejiang United Investment Holdings Group's Debt-to-EBITDA

For the Engineering & Construction subindustry, Zhejiang United Investment Holdings 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.

Zhejiang United Investment Holdings Group's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Zhejiang United Investment Holdings Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Zhejiang United Investment Holdings Group's Debt-to-EBITDA falls into.

Zhejiang United Investment Holdings Group Debt-to-EBITDA Calculation

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

Zhejiang United Investment Holdings Group's Debt-to-EBITDA for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(8.342	+	0)	/	-2.08
	=	-4.01

Zhejiang United Investment Holdings Group's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(10.707	+	0)	/	-0.82
	=	-13.06

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 (Oct. 2023) EBITDA data.

Zhejiang United Investment Holdings Group (HKSE:08366) 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.

Zhejiang United Investment Holdings Group Debt-to-EBITDA Related Terms

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

Zhejiang United Investment Holdings Group (HKSE:08366) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Zhejiang United Investment Holdings Group Ltd (HKSE:08366) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

489-491 Castle Peak Road, Unit A6-D, 12th Floor, Block A, Hong Kong Industrial Centre, Lai Chi Kok, Kowloon, Hong Kong, HKG

Website

http://www.zjuv8366.com

Zhejiang United Investment Holdings Group Ltd is a Hong Kong-based investment holding company principally engaged in the building contractor business. The company is principally engaged in undertaking slope works, foundation works and other general building works. Geographically, it operates and derives revenue from Hong Kong. The company's slope works generally refer to landslip preventive and remedial works for improving the stability of slopes and retaining walls. Its foundation works include the construction of foundations. The company's general building works comprise of the general construction of buildings.

Executives

Zhang Yan	2101 Beneficial owner
Albert Yeung Capital Holdings Limited	2201 Interest of corporation controlled by you
Cdm Trust & Board Services Ag	2301 Trustee
Emperor Capital Group Limited	2201 Interest of corporation controlled by you
Emperor Securities Limited	2101 Beneficial owner
Luk Siu Man, Semon	2202 Interest of your spouse
Yeung Sau Shing, Albert	2307 Founder of a discretionary trust who can infl
Zhang Yan	2101 Beneficial owner
United Financial Holdings Group Limited	2101 Beneficial owner
Zhou Ying	2201 Interest of corporation controlled by you
Century Investment Holdings Limited	2201 Interest of corporation controlled by you

Zhejiang United Investment Holdings Group (HKSE:08366) Headlines

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