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Xiandai Investment Co (SZSE:000900) Debt-to-EBITDA : 13.51 (As of Mar. 2024)


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What is Xiandai Investment Co Debt-to-EBITDA?

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

Xiandai Investment Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥5,875 Mil. Xiandai Investment Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥22,006 Mil. Xiandai Investment Co's annualized EBITDA for the quarter that ended in Mar. 2024 was ¥2,063 Mil. Xiandai Investment Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 13.51.

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 Xiandai Investment Co's Debt-to-EBITDA or its related term are showing as below:

SZSE:000900' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.73   Med: 4.92   Max: 14.91
Current: 14.91

During the past 13 years, the highest Debt-to-EBITDA Ratio of Xiandai Investment Co was 14.91. The lowest was 3.73. And the median was 4.92.

SZSE:000900's Debt-to-EBITDA is ranked worse than
93.05% of 1310 companies
in the Construction industry
Industry Median: 2.305 vs SZSE:000900: 14.91

Xiandai Investment Co Debt-to-EBITDA Historical Data

The historical data trend for Xiandai Investment 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.

Xiandai Investment Co Debt-to-EBITDA Chart

Xiandai Investment 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 4.54 8.68 8.71 10.36 9.21

Xiandai Investment Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 13.53 16.14 13.53 16.54 13.51

Competitive Comparison of Xiandai Investment Co's Debt-to-EBITDA

For the Infrastructure Operations subindustry, Xiandai Investment 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.


Xiandai Investment Co's Debt-to-EBITDA Distribution in the Construction Industry

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

* The bar in red indicates where Xiandai Investment Co's Debt-to-EBITDA falls into.



Xiandai Investment Co Debt-to-EBITDA Calculation

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

Xiandai Investment 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
=(5188.162 + 21831.306) / 2935.298
=9.21

Xiandai Investment Co's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5875.034 + 22006.028) / 2063.132
=13.51

* 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 (Mar. 2024) EBITDA data.


Xiandai Investment Co  (SZSE:000900) 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.


Xiandai Investment Co Debt-to-EBITDA Related Terms

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


Xiandai Investment Co (SZSE:000900) Business Description

Traded in Other Exchanges
N/A
Address
Furong South Road, Modern Plaza, No. 128, Section 2, Tianxin District, Hunan, Changsha, CHN, 410004
Xiandai Investment Co Ltd constructs operates and manages highway in China. The company is also involved in futures trading, finance investment and real estate activities.
Executives
Chen Min Supervisors
Du Ming Hui Executives
Yuan Yu Director
Yan Ru Yi Executives
Bao Qun Director
Zhang Ning Executives
Liu Zhong Supervisors
Ma Yu Guo Secretary Dong
Jin Yong Director
Xiao He Sheng Supervisors
Liu Gui Liang Director
Song Wei Jie Director
Liu Yu Xin Executives
Tian Ying Ming Supervisors
Liu Chu Ping Directors, executives

Xiandai Investment Co (SZSE:000900) Headlines

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