Sheung Moon Holdings (HKSE:08523) Debt-to-EBITDA : -1.81 (As of Sep. 2023)

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What is Sheung Moon Holdings Debt-to-EBITDA?

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

Sheung Moon Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$63.5 Mil. Sheung Moon Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was HK$1.5 Mil. Sheung Moon Holdings's annualized EBITDA for the quarter that ended in Sep. 2023 was HK$-35.9 Mil. Sheung Moon Holdings's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -1.81.

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

HKSE:08523' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.46 Med: 1.83 Max: 77.54
Current: 77.54

During the past 8 years, the highest Debt-to-EBITDA Ratio of Sheung Moon Holdings was 77.54. The lowest was -4.46. And the median was 1.83.

HKSE:08523's Debt-to-EBITDA is ranked worse than
98.7% of 1309 companies
in the Construction industry
Industry Median: 2.31 vs HKSE:08523: 77.54

Sheung Moon Holdings Debt-to-EBITDA Historical Data

The historical data trend for Sheung Moon 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.

Sheung Moon Holdings Debt-to-EBITDA Chart

Sheung Moon Holdings Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-EBITDA

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1.82

2.46

3.32

-0.66

-4.46

Sheung Moon Holdings 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															-1.27	-	0.33	-	-1.81

Competitive Comparison of Sheung Moon Holdings's Debt-to-EBITDA

For the Engineering & Construction subindustry, Sheung Moon 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.

Sheung Moon Holdings's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Sheung Moon Holdings's Debt-to-EBITDA distribution charts can be found below:

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

Sheung Moon Holdings Debt-to-EBITDA Calculation

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

Sheung Moon Holdings'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
	=	(64.626	+	2.059)	/	-14.958
	=	-4.46

Sheung Moon Holdings'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
	=	(63.526	+	1.456)	/	-35.932
	=	-1.81

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.

Sheung Moon Holdings (HKSE:08523) 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.

Sheung Moon Holdings Debt-to-EBITDA Related Terms

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

Sheung Moon Holdings (HKSE:08523) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Sheung Moon Holdings Ltd (HKSE:08523) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 79 Wing Hong Street, Office D, 27th Floor, The Globe, Cheung Sha Wan, Kowloon, Hong Kong, HKG

Website

http://www.smcl.com.hk

Sheung Moon Holdings Ltd is an investment holding company. The company is engaged in the provision of site formation works, road and drainage works, and structural works in both the public and private sectors. It generates revenue from the provision of civil engineering construction services. Geographically, it derives revenue from Hong Kong.

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