China Resources Mixc Lifestyle Services (HKSE:01209) Debt-to-EBITDA : 0.62 (As of Jun. 2023)

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What is China Resources Mixc Lifestyle Services Debt-to-EBITDA?

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

China Resources Mixc Lifestyle Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$112 Mil. China Resources Mixc Lifestyle Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was HK$2,559 Mil. China Resources Mixc Lifestyle Services's annualized EBITDA for the quarter that ended in Jun. 2023 was HK$4,316 Mil. China Resources Mixc Lifestyle Services's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 0.62.

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 Mixc Lifestyle Services's Debt-to-EBITDA or its related term are showing as below:

HKSE:01209' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.6 Med: 1.68 Max: 2.25
Current: 0.6

During the past 7 years, the highest Debt-to-EBITDA Ratio of China Resources Mixc Lifestyle Services was 2.25. The lowest was 0.60. And the median was 1.68.

HKSE:01209's Debt-to-EBITDA is ranked better than
88.25% of 1268 companies
in the Real Estate industry
Industry Median: 5.52 vs HKSE:01209: 0.60

China Resources Mixc Lifestyle Services Debt-to-EBITDA Historical Data

The historical data trend for China Resources Mixc Lifestyle Services'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 Mixc Lifestyle Services Debt-to-EBITDA Chart

China Resources Mixc Lifestyle Services Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

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2.13

1.48

0.85

0.74

0.60

China Resources Mixc Lifestyle Services Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial							0.80	0.66	0.77	0.62	0.59

Competitive Comparison of China Resources Mixc Lifestyle Services's Debt-to-EBITDA

For the Real Estate Services subindustry, China Resources Mixc Lifestyle Services'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 Mixc Lifestyle Services's Debt-to-EBITDA Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, China Resources Mixc Lifestyle Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where China Resources Mixc Lifestyle Services's Debt-to-EBITDA falls into.

China Resources Mixc Lifestyle Services Debt-to-EBITDA Calculation

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

China Resources Mixc Lifestyle Services'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
	=	(111.398	+	2570.635)	/	3604.653
	=	0.74

China Resources Mixc Lifestyle Services'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
	=	(111.6	+	2559.257)	/	4316.152
	=	0.62

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.

China Resources Mixc Lifestyle Services (HKSE:01209) 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 Mixc Lifestyle Services Debt-to-EBITDA Related Terms

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

China Resources Mixc Lifestyle Services (HKSE:01209) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » China Resources Mixc Lifestyle Services Ltd (HKSE:01209) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

No. 9668 Shennan Avenue, 30th Floor, China Resources Land Building, Tower B, Nanshan District, Shenzhen, CHN

Website

https://www.crmixclifestyle.com.cn

China Resources Mixc Lifestyle Services Ltd offers property management services. The business activities of the group function through two business segments namely the residential property management services segment and Commercial operational and property management services segment. Majority of revenue is generated from Commercial operational and property management services segment. The Group provides property management and value-added services to portfolios of residential properties, and also manages and operates a diversified and growing portfolio of commercial properties comprising shopping malls and office buildings. Geographically the company operates through the regions of China.

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