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Chen Lin Education Group Holdings (HKSE:01593) Debt-to-EBITDA : 34.15 (As of Feb. 2024)


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What is Chen Lin Education Group Holdings Debt-to-EBITDA?

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

Chen Lin Education Group Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was HK$858.2 Mil. Chen Lin Education Group Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was HK$1,754.3 Mil. Chen Lin Education Group Holdings's annualized EBITDA for the quarter that ended in Feb. 2024 was HK$76.5 Mil. Chen Lin Education Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was 34.15.

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 Chen Lin Education Group Holdings's Debt-to-EBITDA or its related term are showing as below:

HKSE:01593' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.87   Med: 4.51   Max: 28.6
Current: 28.6

During the past 7 years, the highest Debt-to-EBITDA Ratio of Chen Lin Education Group Holdings was 28.60. The lowest was 2.87. And the median was 4.51.

HKSE:01593's Debt-to-EBITDA is ranked worse than
96.11% of 180 companies
in the Education industry
Industry Median: 1.745 vs HKSE:01593: 28.60

Chen Lin Education Group Holdings Debt-to-EBITDA Historical Data

The historical data trend for Chen Lin Education Group Holdings'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.

Chen Lin Education Group Holdings Debt-to-EBITDA Chart

Chen Lin Education Group Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial 2.99 2.87 5.37 11.08 9.56

Chen Lin Education Group Holdings Semi-Annual Data
Dec16 Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Feb22 Aug22 Feb23 Aug23 Feb24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 141.10 30.25 13.81 21.84 34.15

Competitive Comparison of Chen Lin Education Group Holdings's Debt-to-EBITDA

For the Education & Training Services subindustry, Chen Lin Education Group Holdings'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.


Chen Lin Education Group Holdings's Debt-to-EBITDA Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Chen Lin Education Group Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Chen Lin Education Group Holdings's Debt-to-EBITDA falls into.



Chen Lin Education Group Holdings Debt-to-EBITDA Calculation

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

Chen Lin Education Group Holdings's Debt-to-EBITDA for the fiscal year that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(667.643 + 1651.107) / 242.454
=9.56

Chen Lin Education Group Holdings's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(858.171 + 1754.258) / 76.494
=34.15

* 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 (Feb. 2024) EBITDA data.


Chen Lin Education Group Holdings  (HKSE:01593) 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.


Chen Lin Education Group Holdings Debt-to-EBITDA Related Terms

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


Chen Lin Education Group Holdings (HKSE:01593) Business Description

Traded in Other Exchanges
N/A
Address
No. 001, Xinjian Lianfu Dadao, Jiangxi, Nanchang, CHN
Chen Lin Education Group Holdings Ltd is engaged in the provision of private tertiary education services in the PRC. The group derives revenue from Tuition fees, Boarding fees, Internship management fees, Tutoring and program management services, and others.
Executives
Huang Yulin 2201 Interest of corporation controlled by you
Huangyulin Holdings Limited 2101 Beneficial owner
Wang Li

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