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Long Yuan Construction Group Co (SHSE:600491) Debt-to-EBITDA : 39.74 (As of Jun. 2024)


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What is Long Yuan Construction Group Co Debt-to-EBITDA?

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

Long Yuan Construction Group Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥5,680 Mil. Long Yuan Construction Group Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was ¥17,457 Mil. Long Yuan Construction Group Co's annualized EBITDA for the quarter that ended in Jun. 2024 was ¥582 Mil. Long Yuan Construction Group Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 39.74.

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 Long Yuan Construction Group Co's Debt-to-EBITDA or its related term are showing as below:

SHSE:600491' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 5.16   Med: 9.21   Max: 191.3
Current: 82.3

During the past 13 years, the highest Debt-to-EBITDA Ratio of Long Yuan Construction Group Co was 191.30. The lowest was 5.16. And the median was 9.21.

SHSE:600491's Debt-to-EBITDA is ranked worse than
99.26% of 1350 companies
in the Construction industry
Industry Median: 2.385 vs SHSE:600491: 82.30

Long Yuan Construction Group Co Debt-to-EBITDA Historical Data

The historical data trend for Long Yuan Construction Group 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.

Long Yuan Construction Group Co Debt-to-EBITDA Chart

Long Yuan Construction Group Co 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 10.81 16.89 10.13 11.57 191.30

Long Yuan Construction Group Co 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 -41.37 18.45 -10.21 15.23 39.74

Competitive Comparison of Long Yuan Construction Group Co's Debt-to-EBITDA

For the Engineering & Construction subindustry, Long Yuan Construction Group 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.


Long Yuan Construction Group Co's Debt-to-EBITDA Distribution in the Construction Industry

For the Construction industry and Industrials sector, Long Yuan Construction Group Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Long Yuan Construction Group Co's Debt-to-EBITDA falls into.



Long Yuan Construction Group Co Debt-to-EBITDA Calculation

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

Long Yuan Construction Group Co'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
=(5961.278 + 17308.265) / 121.641
=191.30

Long Yuan Construction Group Co'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
=(5679.768 + 17457.128) / 582.204
=39.74

* 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.


Long Yuan Construction Group Co  (SHSE:600491) 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.


Long Yuan Construction Group Co Debt-to-EBITDA Related Terms

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


Long Yuan Construction Group Co Business Description

Traded in Other Exchanges
N/A
Address
No. 768 Yixian Road, Shanghai, Shanghai, CHN, 200434
Long Yuan Construction Group Co Ltd operates as a construction company in China. It constructs a stadium, housing, university and school, and medical projects, as well as factory, high-rise office, and hotel/commercial buildings; and flyovers, roads, expressways, and bridges.
Executives
Lai Zhen Yuan Director
Lai Chao Hui Directors, senior managers
Zhang Li senior management
Yan Li Qun senior management
Meng Qing Fu senior management
Wang De Hua senior management
Qian Shui Jiang senior management
Qu Ying Supervisors
Zhu Rui Liang senior management

Long Yuan Construction Group Co Headlines

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