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Greattown Holdings (SHSE:600094) Debt-to-EBITDA : 2.65 (As of Jun. 2024)


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What is Greattown Holdings Debt-to-EBITDA?

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

Greattown Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥1,292 Mil. Greattown Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥1,473 Mil. Greattown Holdings's annualized EBITDA for the quarter that ended in Jun. 2024 was ¥1,045 Mil. Greattown Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 2.65.

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

SHSE:600094' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.96   Med: 7.9   Max: 79.1
Current: 5.16

During the past 13 years, the highest Debt-to-EBITDA Ratio of Greattown Holdings was 79.10. The lowest was 2.96. And the median was 7.90.

SHSE:600094's Debt-to-EBITDA is ranked better than
54.61% of 1258 companies
in the Real Estate industry
Industry Median: 6.1 vs SHSE:600094: 5.16

Greattown Holdings Debt-to-EBITDA Historical Data

The historical data trend for Greattown 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.

Greattown Holdings Debt-to-EBITDA Chart

Greattown 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 4.22 7.62 79.10 8.14 2.96

Greattown Holdings Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 3.02 1.74 -2.91 -195.47 2.65

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

For the Real Estate - Development subindustry, Greattown 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.


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

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

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



Greattown Holdings Debt-to-EBITDA Calculation

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

Greattown 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
=(1146.986 + 1929.268) / 1039.27
=2.96

Greattown Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1292.335 + 1472.818) / 1044.752
=2.65

* 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 (Jun. 2024) EBITDA data.


Greattown Holdings  (SHSE:600094) 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.


Greattown Holdings Debt-to-EBITDA Related Terms

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


Greattown Holdings Business Description

Traded in Other Exchanges
Address
No. 1116, Hongsong East Road, Building 1, 5th Floor, A District, Minhang District, Shanghai, CHN, 201103
Greattown Holdings Ltd is engaged in the development and sale of real estate. The company is also engaged in the development of commercial buildings, hotels, and residential buildings. Famous city is one of the projects of the company which includes Residential, Business and Hotel series.
Executives
Jiang Dong Sen senior management
Yu Jin Director
Yu Li Director
Yu Kai Director
Bao Jin Lin senior management
Chen Feng senior management
Yu Pei Di Director

Greattown Holdings Headlines

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