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Times Neighborhood Holdings (HKSE:09928) Debt-to-EBITDA : 0.05 (As of Dec. 2023)


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What is Times Neighborhood Holdings Debt-to-EBITDA?

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

Times Neighborhood Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$5 Mil. Times Neighborhood Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$4 Mil. Times Neighborhood Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was HK$198 Mil. Times Neighborhood Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.05.

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

HKSE:09928' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.09   Med: 0.06   Max: 9.02
Current: -0.09

During the past 8 years, the highest Debt-to-EBITDA Ratio of Times Neighborhood Holdings was 9.02. The lowest was -0.09. And the median was 0.06.

HKSE:09928's Debt-to-EBITDA is ranked worse than
100% of 1253 companies
in the Real Estate industry
Industry Median: 5.98 vs HKSE:09928: -0.09

Times Neighborhood Holdings Debt-to-EBITDA Historical Data

The historical data trend for Times Neighborhood 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.

Times Neighborhood Holdings Debt-to-EBITDA Chart

Times Neighborhood Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial 0.07 0.06 0.04 -0.08 -0.09

Times Neighborhood Holdings Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.04 0.09 -0.03 -0.03 0.05

Competitive Comparison of Times Neighborhood Holdings's Debt-to-EBITDA

For the Real Estate Services subindustry, Times Neighborhood 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.


Times Neighborhood Holdings's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Times Neighborhood Holdings's Debt-to-EBITDA distribution charts can be found below:

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



Times Neighborhood Holdings Debt-to-EBITDA Calculation

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

Times Neighborhood 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
=(5.078 + 4.37) / -102.783
=-0.09

Times Neighborhood Holdings's annualized Debt-to-EBITDA for the quarter 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
=(5.078 + 4.37) / 198.038
=0.05

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Times Neighborhood Holdings  (HKSE:09928) 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.


Times Neighborhood Holdings Debt-to-EBITDA Related Terms

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


Times Neighborhood Holdings (HKSE:09928) Business Description

Traded in Other Exchanges
N/A
Address
No. 410 Dongfeng Middle Road, Room 1103, 11th Floor, Yuexiu District, Guangdong Province, Guangzhou, CHN
Times Neighborhood Holdings Ltd. is an investment holding company engaged in the provision of property management services which include value-added services for non-property owners, community value-added services, and other professional services are among the company's offerings. The group's revenue comes entirely from its Mainland China operations.
Executives
Shum Chiu Hung
Xingtai Capital Management Limited 2102 Investment manager
Sumitomo Mitsui Financial Group, Inc. 2201 Interest of corporation controlled by you
Li Yiping 2201 Interest of corporation controlled by you
Dong Li Guan Li You Xian Gong Si 2201 Interest of corporation controlled by you
Jia Ming Tou Zi You Xian Gong Si 2201 Interest of corporation controlled by you
Chao Da Chuang Tou You Xian Gong Si 2201 Interest of corporation controlled by you
Zhuo Yuan Chuang Tou You Xian Gong Si 2101 Beneficial owner

Times Neighborhood Holdings (HKSE:09928) Headlines

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