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China Unicom (Hong Kong) (HKSE:00762) Debt-to-EBITDA : 0.55 (As of Dec. 2023)


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What is China Unicom (Hong Kong) Debt-to-EBITDA?

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

China Unicom (Hong Kong)'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$21,821 Mil. China Unicom (Hong Kong)'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was HK$34,858 Mil. China Unicom (Hong Kong)'s annualized EBITDA for the quarter that ended in Dec. 2023 was HK$102,776 Mil. China Unicom (Hong Kong)'s annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.55.

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 Unicom (Hong Kong)'s Debt-to-EBITDA or its related term are showing as below:

HKSE:00762' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.33   Med: 0.53   Max: 2.12
Current: 0.66

During the past 13 years, the highest Debt-to-EBITDA Ratio of China Unicom (Hong Kong) was 2.12. The lowest was 0.33. And the median was 0.53.

HKSE:00762's Debt-to-EBITDA is ranked better than
80.44% of 317 companies
in the Telecommunication Services industry
Industry Median: 2.24 vs HKSE:00762: 0.66

China Unicom (Hong Kong) Debt-to-EBITDA Historical Data

The historical data trend for China Unicom (Hong Kong)'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 Unicom (Hong Kong) Debt-to-EBITDA Chart

China Unicom (Hong Kong) 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 0.55 0.42 0.33 0.52 0.47

China Unicom (Hong Kong) Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Jun22 Sep22 Dec22 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 0.57 N/A - 0.55 -

Competitive Comparison of China Unicom (Hong Kong)'s Debt-to-EBITDA

For the Telecom Services subindustry, China Unicom (Hong Kong)'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 Unicom (Hong Kong)'s Debt-to-EBITDA Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, China Unicom (Hong Kong)'s Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Unicom (Hong Kong)'s Debt-to-EBITDA falls into.



China Unicom (Hong Kong) Debt-to-EBITDA Calculation

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

China Unicom (Hong Kong)'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
=(21820.889 + 34857.639) / 120067.39
=0.47

China Unicom (Hong Kong)'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
=(21820.889 + 34857.639) / 102775.84
=0.55

* 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 (Dec. 2023) EBITDA data.


China Unicom (Hong Kong)  (HKSE:00762) 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 Unicom (Hong Kong) Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of China Unicom (Hong Kong)'s Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


China Unicom (Hong Kong) (HKSE:00762) Business Description

Traded in Other Exchanges
Address
99 Queen's Road, 75th Floor, The Center, Central, Hong Kong, HKG
China Unicom is the incumbent fixed-line operator in 10 northern Chinese provinces, as well as the third-largest wireless operator nationwide. As at June 2023, it had 328 million billing wireless customers and around 108 million broadband subscribers. China Unicom also has a growing ICT business. We estimate it has the third largest internet data center business in China and its Cloud Service revenue is also showing very strong growth. It has its own 4G network and shares the radio access function with China Telecom for its 5G network.

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