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Shoucheng Holdings (Shoucheng Holdings) Debt-to-EBITDA : -12.35 (As of Dec. 2023)


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What is Shoucheng Holdings Debt-to-EBITDA?

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

Shoucheng Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $30.2 Mil. Shoucheng Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $249.8 Mil. Shoucheng Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was $-22.7 Mil. Shoucheng Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -12.35.

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

SCGEY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.14   Med: 1.39   Max: 3.74
Current: 3.74

During the past 13 years, the highest Debt-to-EBITDA Ratio of Shoucheng Holdings was 3.74. The lowest was -17.14. And the median was 1.39.

SCGEY's Debt-to-EBITDA is ranked worse than
64.6% of 1308 companies
in the Construction industry
Industry Median: 2.315 vs SCGEY: 3.74

Shoucheng Holdings Debt-to-EBITDA Historical Data

The historical data trend for Shoucheng 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.

Shoucheng Holdings Debt-to-EBITDA Chart

Shoucheng Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 1.75 -3.42 1.74 2.94

Shoucheng Holdings Quarterly Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 2.94 - -12.35 -

Competitive Comparison of Shoucheng Holdings's Debt-to-EBITDA

For the Infrastructure Operations subindustry, Shoucheng 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.


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

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

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



Shoucheng Holdings Debt-to-EBITDA Calculation

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

Shoucheng 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
=(30.195 + 249.75) / 95.154
=2.94

Shoucheng 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
=(30.195 + 249.75) / -22.66
=-12.35

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


Shoucheng Holdings  (OTCPK:SCGEY) 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.


Shoucheng Holdings Debt-to-EBITDA Related Terms

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


Shoucheng Holdings (Shoucheng Holdings) Business Description

Traded in Other Exchanges
Address
56 Gloucester Road, 7th Floor, Bank of East Asia Harbour View Centre, Wanchai, Hong Kong, HKG
Shoucheng Holdings Ltd is engaged in the operation and management of car parking assets; and the management of private funds oriented towards urban development. Its segment comprises of Parking business and Fund management. The parking business segment that derives the majority of revenue engages in the management and operations of car parking assets. The Fund management segment engages in management of private funds.

Shoucheng Holdings (Shoucheng Holdings) Headlines

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