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Central China Management Co (HKSE:09982) Debt-to-EBITDA : 0.02 (As of Jun. 2023)


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What is Central China Management Co Debt-to-EBITDA?

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

Central China Management Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$2.7 Mil. Central China Management Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$8.1 Mil. Central China Management Co's annualized EBITDA for the quarter that ended in Jun. 2023 was HK$551.0 Mil. Central China Management Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 0.02.

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 Central China Management Co's Debt-to-EBITDA or its related term are showing as below:

HKSE:09982' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.03
Current: 0.03

During the past 5 years, the highest Debt-to-EBITDA Ratio of Central China Management Co was 0.03. The lowest was 0.00. And the median was 0.01.

HKSE:09982's Debt-to-EBITDA is ranked better than
98.11% of 1269 companies
in the Real Estate industry
Industry Median: 5.53 vs HKSE:09982: 0.03

Central China Management Co Debt-to-EBITDA Historical Data

The historical data trend for Central China Management Co'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.

Central China Management Co Debt-to-EBITDA Chart

Central China Management Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
- 0.01 0.01 0.01 0.01

Central China Management Co Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only 0.01 0.01 0.01 0.01 0.02

Competitive Comparison of Central China Management Co's Debt-to-EBITDA

For the Real Estate Services subindustry, Central China Management Co'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.


Central China Management Co's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Central China Management Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Central China Management Co's Debt-to-EBITDA falls into.



Central China Management Co Debt-to-EBITDA Calculation

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

Central China Management Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.749 + 0.71) / 471.924
=0.01

Central China Management Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.706 + 8.105) / 550.998
=0.02

* 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 (Jun. 2023) EBITDA data.


Central China Management Co  (HKSE:09982) 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.


Central China Management Co Debt-to-EBITDA Related Terms

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


Central China Management Co (HKSE:09982) Business Description

Traded in Other Exchanges
N/A
Address
Nongye East Road, Room 212, 313, Block C, Jianye Office Building, Henan Province, Zhengzhou, CHN
Central China Management Company, or CCMGT, is one of China's leading property project management companies with a dominant market position in Henan province. As a project manager, CCMGT may be involved in overseeing the design, construction, marketing, and sales strategy of a development for its clients, that is, the project owners. CCMGT is a sister company of Central China Real Estate, or CCRE, a prominent real estate developer in Henan. Both CCMGT and CCRE are not government-linked or owned.

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