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Glorious Property Holdings (STU:GI0A) Debt-to-EBITDA : 18.78 (As of Jun. 2024)


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What is Glorious Property Holdings Debt-to-EBITDA?

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

Glorious Property Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €3,034.9 Mil. Glorious Property Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was €0.1 Mil. Glorious Property Holdings's annualized EBITDA for the quarter that ended in Jun. 2024 was €161.6 Mil. Glorious Property Holdings's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was 18.78.

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

STU:GI0A' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -43.6   Med: -7.28   Max: 19.27
Current: -43.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Glorious Property Holdings was 19.27. The lowest was -43.60. And the median was -7.28.

STU:GI0A's Debt-to-EBITDA is ranked worse than
100% of 1260 companies
in the Real Estate industry
Industry Median: 6.085 vs STU:GI0A: -43.60

Glorious Property Holdings Debt-to-EBITDA Historical Data

The historical data trend for Glorious Property 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.

Glorious Property Holdings Debt-to-EBITDA Chart

Glorious Property 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 19.27 9.17 -7.14 7.50 -17.80

Glorious Property Holdings Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 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 -51.01 3.52 -76.82 -9.80 18.78

Competitive Comparison of Glorious Property Holdings's Debt-to-EBITDA

For the Real Estate - Development subindustry, Glorious Property 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.


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

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

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


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Glorious Property Holdings Debt-to-EBITDA Calculation

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

Glorious Property 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
=(2910.729 + 0.078) / -163.566
=-17.80

Glorious Property 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
=(3034.893 + 0.063) / 161.62
=18.78

* 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. 2024) EBITDA data.


Glorious Property Holdings  (STU:GI0A) 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.


Glorious Property Holdings Debt-to-EBITDA Related Terms

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


Glorious Property Holdings Business Description

Traded in Other Exchanges
Address
50 Wing Tai Road, Room 807H, 8th Floor, Cornell Centre, Chai Wan, Hong Kong, HKG
Glorious Property Holdings Ltd is a national property developer in China. It focuses on the development and sales of large-scale properties in key economic areas such as the Shanghai region, Yangtze River Delta, Pan Bohai Rim, and Northeast China. The firm develops residential and commercial properties and is also involved in property management. Its reportable operating segments, namely Shanghai Region, Yangtze River Delta (excluding Shanghai), Pan Bohai Rim, and Northeast China. The Others segment represents corporate support functions. The company generates maximum revenue from the Shanghai region.

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