GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Country Garden Holdings Co Ltd (OTCPK:CTRYY) » Definitions » Debt-to-EBITDA

Country Garden Holdings Co (Country Garden Holdings Co) Debt-to-EBITDA : -2.80 (As of Jun. 2023)


View and export this data going back to 2009. Start your Free Trial

What is Country Garden Holdings Co Debt-to-EBITDA?

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

Country Garden Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $15,190 Mil. Country Garden Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was $20,907 Mil. Country Garden Holdings Co's annualized EBITDA for the quarter that ended in Jun. 2023 was $-12,888 Mil. Country Garden Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was -2.80.

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

CTRYY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.6   Med: 4.27   Max: 35.63
Current: -5.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Country Garden Holdings Co was 35.63. The lowest was -5.60. And the median was 4.27.

CTRYY's Debt-to-EBITDA is ranked worse than
100% of 1267 companies
in the Real Estate industry
Industry Median: 5.55 vs CTRYY: -5.60

Country Garden Holdings Co Debt-to-EBITDA Historical Data

The historical data trend for Country Garden 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.

Country Garden Holdings Co Debt-to-EBITDA Chart

Country Garden Holdings Co Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.08 3.69 3.74 4.47 35.63

Country Garden Holdings Co Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 4.36 5.03 27.46 45,319.10 -2.80

Competitive Comparison of Country Garden Holdings Co's Debt-to-EBITDA

For the Real Estate - Development subindustry, Country Garden 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.


Country Garden Holdings Co's Debt-to-EBITDA Distribution in the Real Estate Industry

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

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



Country Garden Holdings Co Debt-to-EBITDA Calculation

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

Country Garden Holdings Co's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(13454.107 + 25520.318) / 1093.994
=35.63

Country Garden Holdings Co's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(15190.186 + 20907.085) / -12887.982
=-2.80

* 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. 2023) EBITDA data.


Country Garden Holdings Co  (OTCPK:CTRYY) 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.


Country Garden Holdings Co Debt-to-EBITDA Related Terms

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


Country Garden Holdings Co (Country Garden Holdings Co) Business Description

Traded in Other Exchanges
Address
No. 1 Country Garden Road, Country Garden Centre, Beijiao Town, Shunde District, Guangdong Province, Foshan, CHN, 528312
Listed in 2007, Country Garden Holdings has been one of the largest China real estate developers in contracted sales with a focus on Tier 3 and lower-tier cities. Property development has represented most of CGH's revenue and earnings, and the firm has tapped into new businesses such as robotics construction and venture capital investment. Following the retirement of founder Yang Guoqiang, Yang Huiyan (daughter of Yang Guoqiang) holds an over 50% stake of the company, while Ping An Life Insurance retains 7.7% equity ownership after the private placement in 2015.