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China Resources Power Holdings Co (China Resources Power Holdings Co) Debt-to-EBITDA : 5.10 (As of Dec. 2023)


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What is China Resources Power Holdings Co Debt-to-EBITDA?

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

China Resources Power Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,995 Mil. China Resources Power Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $16,370 Mil. China Resources Power Holdings Co's annualized EBITDA for the quarter that ended in Dec. 2023 was $4,187 Mil. China Resources Power Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 5.10.

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 China Resources Power Holdings Co's Debt-to-EBITDA or its related term are showing as below:

CRPJF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.04   Med: 4.32   Max: 6.55
Current: 4.85

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Resources Power Holdings Co was 6.55. The lowest was 3.04. And the median was 4.32.

CRPJF's Debt-to-EBITDA is ranked worse than
51.86% of 322 companies
in the Utilities - Independent Power Producers industry
Industry Median: 4.455 vs CRPJF: 4.85

China Resources Power Holdings Co Debt-to-EBITDA Historical Data

The historical data trend for China Resources Power Holdings 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.

China Resources Power Holdings Co Debt-to-EBITDA Chart

China Resources Power Holdings 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 3.97 4.12 6.55 5.04 4.85

China Resources Power Holdings Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 12.60 4.80 5.31 4.42 5.10

Competitive Comparison of China Resources Power Holdings Co's Debt-to-EBITDA

For the Utilities - Independent Power Producers subindustry, China Resources Power Holdings 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.


China Resources Power Holdings Co's Debt-to-EBITDA Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, China Resources Power Holdings Co's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Resources Power Holdings Co's Debt-to-EBITDA falls into.



China Resources Power Holdings Co Debt-to-EBITDA Calculation

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

China Resources Power Holdings 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
=(4995.267 + 16370.148) / 4402.859
=4.85

China Resources Power Holdings Co'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
=(4995.267 + 16370.148) / 4186.674
=5.10

* 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 (Dec. 2023) EBITDA data.


China Resources Power Holdings Co  (OTCPK:CRPJF) 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.


China Resources Power Holdings Co Debt-to-EBITDA Related Terms

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


China Resources Power Holdings Co (China Resources Power Holdings Co) Business Description

Traded in Other Exchanges
Address
26 Harbour Road, Rooms 2001-2002, 20th Floor, China Resources Building, Wanchai, HKG
China Resources Power, or CR Power, is one of China's largest independent power producers. The firm operates wind farms, photovoltaic power plants, hydroelectric power plants and thermal power (coal-fired and gas-fired) plants, which are situated mostly in eastern, central and southern China, with a total attributable operational generation capacity of about 52.6 gigawatts as of end-2022. Renewable energy accounts for about 32.3% of its capacity. China Resources Holdings, a key state-owned conglomerate, owns approximately 62.9% of CR Power's shares outstanding.

China Resources Power Holdings Co (China Resources Power Holdings Co) Headlines